1300 Lincoln Rd A301, Miami Beach, FL 33139 — MLS photo

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1300 Lincoln Rd A301, Miami Beach, FL 33139

Active · Condominium

$450,000

1300 Lincoln Rd A301, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,150 sq ft
$ / sq ft
$391/sq ft
Year built
1966
Lot size
—
HOA fee
$1,300 Monthly
Annual tax
$6,512

About this property

Excellent opportunity in a prime location! Unit A-301 at Lincoln Towers Condominium is ideally located at the intersection of Lincoln Rd and West Ave, one of the most vibrant and desirable areas. Enjoy being just steps away from top restaurants, shops, the movie theater, and the post office, offering convenience and an active lifestyle. The building is undergoing significant upgrades, including the installation of two brand-new elevators, with one already ready to begin operation, adding both value and comfort to the property. Additionally, the manager’s office is located on-site and is available on select days of the week, providing support and assistance to residents. Perfect for end-users or investors looking for a well-located property with strong potential. Don’t miss this opportunity!

Property location

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1300 Lincoln Rd A301, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,150 sq ft
Flooring
Ceramic Tile
Appliances
Some Gas Appliances, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Entrance Foyer, Tub Shower, Walk In Closets
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1966
Stories
10
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Fence
Pool
Association
View
Other, Pool

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,300 Monthly
Fee inclusions
Association Management, Amenities, Common Areas, Hot Water, Insurance, Laundry, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Reserve Fund, Sewer, Water
Amenities
Clubhouse, Laundry, Pool, Trash, Elevators
Security
Complex Fenced, Intercom, Phone Entry, Smoke Detectors
Pets allowed
Size Limit, Yes, Pet Restrictions
Annual tax
$6,512
Subdivision
Lincoln Towers Condominium
County
Miami-Dade
Days on market
140
MLS listing ID
A12001445
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

-$1,261

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
8.8%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$10,464

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