1250 Lincoln Rd 404, Miami Beach, FL 33139 — MLS photo

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1250 Lincoln Rd 404, Miami Beach, FL 33139

Active · Condominium

$379,900

1250 Lincoln Rd 404, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
860 sq ft
$ / sq ft
$442/sq ft
Year built
1985
Lot size
—
HOA fee
$573
Annual tax
—

About this property

Live at one of Miami Beach’s most iconic addresses in the heart of South Beach with a LOW MONTHLY CONDO FEE of $573/month. This 2BR/2BA residence is ideally positioned at the coveted corner of Lincoln Rd & West Ave, featuring a private balcony with views overlooking world famous Lincoln Rd and 1 ASSIGNED PARKING SPACE. It’s all about location with shops, restaurants, cafés, Trader Joe’s, gyms and the beach just moments away. This pet friendly building offers a charming pool area, secure entry, elevator, and bike storage. A rare opportunity to own in this boutique building in one of South Beach’s most desirable residential settings, while still enjoying the walkable energy and vibrant lifestyle of iconic Lincoln Rd. Easy to Show.

Property location

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1250 Lincoln Rd 404, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
860 sq ft

Exterior & Structure

Property type
Condominium
Year built
1985

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$573
County
Miami-Dade
MLS listing ID
A12001995
Listing status
Active

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

Estimated monthly cash flow

-$863

Cap rate
3.0%
Net yield
3.0%
Cash-on-cash return
-9.7%
Gross yield
8.2%
Mortgage payment
$1,801/mo
Down payment
$94,975
Loan amount
$284,925
Annual NOI
$11,251

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