$1,990,000

Estimated payment $11,734/month

Total Views 1,022
-- Bed
-- Bath
3,344 Sq Ft
$595 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

Prime Investment Opportunity in South Beach! Located in one of the most coveted areas, this property sits just steps from the iconic Lincoln Road pedestrian st. A rare find, this project offers endless potential for investors and developers. The existing building features 4 units which is approved for renovation. Additionally, the spacious lot behind the building provides the opportunity to construct 6 units, maximizing your return with a total of 10 units. The Project has gone through historic preservation board and has been approved, permits has been approved by the city of Miami Beach. This is the perfect opportunity to bring a high-value project to life in the heart of Miami Beach! 4 different folios #, each side has 1,875 sqft the total sqft is 7,500.

Listing Agent

Diana Tello

Envirotek Realty License #3277908

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,771

Year Built

  • Built in 1936

Home Design

  • Quadruplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Lincoln Sub Condos
  • Lincoln Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-002-1350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,771

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LINCOLN SUB
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 3344
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot, Other Lot Description
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN SUB

Utilities

  • Sewer: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-34-002-1350
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7771

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,974 $413,528 $412,500 $1,028
2023 $8,974 $470,758 $0 $0
2022 $8,400 $427,962 $0 $0
2021 $8,046 $389,057 $0 $0
2020 $7,650 $466,313 $412,500 $53,813
2019 $7,266 $466,331 $412,500 $53,831
2018 $6,668 $466,349 $412,500 $53,849
2017 $6,464 $265,733 $0 $0
2016 $6,339 $241,576 $0 $0
2015 $4,729 $219,615 $0 $0
2014 $4,600 $199,650 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Price Changed $1,990,000 0.0% --
03/24/2025 03/24/25 For Sale $1,990,000 -20.4% $595 / Sq Ft
02/26/2025 02/26/25 For Sale $2,499,000 +99.9% --
07/07/2023 07/07/23 Sold $1,250,000 -33.9% $374 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
10/09/2022 10/09/22 For Sale $1,890,000 0.0% $565 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $1,890,000 -- $565 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,285,000 --
Warranty Deed $732,000 --
Warranty Deed $272,500 --
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $576,000 Unknown
Previous Owner $190,750 No Value Available
Previous Owner $147,000 No Value Available
Source: Public Records

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    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11770045

MIAMI REALTORS® MLS

APN: 02-3234-002-1350