100 Lincoln Rd 522, Miami Beach, FL 33139 — MLS photo

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100 Lincoln Rd 522, Miami Beach, FL 33139

Active · Condominium

$489,000

100 Lincoln Rd 522, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
850 sq ft
$ / sq ft
$575/sq ft
Year built
1965
Lot size
—
HOA fee
$1,302 Monthly
Annual tax
$5,659

About this property

ONE BEDROOM AT THE FAMOUS DECOPLAGE WITHIN WALKING DISTANCE TO THE MOST TRENDY RESTAURANTS AND PLACES IN SOBE. WHERE LINCOLN RD MEETS THE OCEAN, ACROSS FROM THE RITZ CARLTON AND NEXT TO THE LOWES HOTEL. GREAT RETURN AND APPRECIATION, THE DECOPLAGE IS THE ONLY OF TWO OCEAN FRONT BUILDINGS THAT ALLOW MONTH-TO-MONTH RENTAL 12 TIMES A YEAR. *** SPECIAL ASSESSMENT FULLY PAID BY SELLER****

Property location

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100 Lincoln Rd 522, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
850 sq ft
Flooring
Tile
Appliances
Dishwasher, Microwave, Other, Refrigerator
Cooling
Electric
Heating
Electric
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
1965
Stories
17
Construction
Block
Exterior features
Other
Waterfront
Ocean Access
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
Valet

HOA, Community & Financials

Association fee
$1,302 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Internet, Laundry
Amenities
Laundry, Other, Elevators
Security
Closed Circuit Cameras, Elevator Secured, Fire Alarm, Lobby Secured
Pets allowed
No
Annual tax
$5,659
Subdivision
THE DECOPLAGE CONDO
County
Miami-Dade
Days on market
242
MLS listing ID
A11943591
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,789

Cap rate
1.3%
Net yield
1.3%
Cash-on-cash return
-15.7%
Gross yield
7.1%
Mortgage payment
$2,318/mo
Down payment
$122,250
Loan amount
$366,750
Annual NOI
$6,344

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.