100 Lincoln Rd PH4, Miami Beach, FL 33139 — MLS photo

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100 Lincoln Rd PH4, Miami Beach, FL 33139

Active · Condominium

$3,199,000

100 Lincoln Rd PH4, Miami Beach, FL 33139

Beds
3
Baths
3
Living area
1,900 sq ft
$ / sq ft
$1,684/sq ft
Year built
1965
Lot size
—
HOA fee
$2,906 Monthly
Annual tax
$40,050

About this property

Rarely available PH unit in the Highrise Decoplage Condominium, located on famous Lincoln Rd., across the Ritz Carlton Hotel with a spectacular NE corner view, has 3 bedrooms and 3 full baths, with 2400 sq. ft of living space and a very unique city & ocean view. Apx. 5000 sq. ft. of roof terrace for the use of PH4 only (LCE) with two access doors from the unit ready to be finished for your entertainment needs, subject to the homeowner's association and the City of Miami Beach approval. Floor to ceiling hurricane impact windows throughout. The unit features an open kitchen, s/steel appliances, laundry room with full size washer & dryer, master bedroom comes a large bathroom with jacuzzi tub and shower. Furniture is included. Monthly maintenance includes water, cable T.V., and WIFI, Unit comes with 2 assigned parking spaces and one free valet space. Building has a gym, large climatized pool, business center, children's play area, 24-hour security and valet service. Great investment property!! Building allows 12 leases per year. Easy to show. SELLER HAS PAID OFF THE CURRENT SPECIAL ASSESSMENT! Easy to show!!

Property location

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100 Lincoln Rd PH4, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,900 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Closet Cabinetry

Exterior & Structure

Property type
Condominium
Year built
1965
Stories
17
Architectural style
High Rise
Construction
Block
Exterior features
Security High Impact Doors, Other
Pool
Heated
Waterfront
Ocean Front
View
Ocean

Parking

Garage spaces
3
Covered spaces
3
Parking features
Assigned, Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$2,906 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Internet, Laundry, Maintenance Structure, Parking, Pest Control, Pools, Sewer, Security, Trash, Water
Amenities
Billiard Room, Bike Storage, Business Center, Fitness Center, Laundry, Playground, Pool, Trash, Elevators
Security
Door Man, Lobby Secured, Other, Smoke Detectors
Pets allowed
Conditional, No
Annual tax
$40,050
Subdivision
THE DECOPLAGE CONDO
County
Miami-Dade
Days on market
103
MLS listing ID
A11995200
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

-$12,279

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
4.6%
Mortgage payment
$15,165/mo
Down payment
$799,750
Loan amount
$2,399,250
Annual NOI
$34,629

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