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605 Lincoln Rd #500, Miami Beach, FL 33139
$3,800,000
605 Lincoln Rd #500, Miami Beach, FL 33139View this property at 605 Lincoln Rd #500, Miami Beach, FL 33139
605 Lincoln Rd #500Miami BeachFL33139
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Property Description
605 Lincoln Road is a boutique office building located in the heart of South Florida's premier outdoor shopping, dining, and entertainment destination. The 5th-floor office condo being offered for sale features the following: "¢ 10,033 SF full floor with high ceilings and abundant natural light "¢ 18 private offices including 2 executive suites "¢ Projected Pro-Forma Cap Rate 9%+ "¢ The elevator opens directly into the private reception area "¢ A flexible single-tenant floor plan that can be easily converted for multi-tenant use "¢Directly down the block from the approved convention center hotel with approved plans for 800-rooms. "¢ Parking spaces available from the City of Miami Beach in the adjacent parking garage
Full Property Details
Full Property Details for 605 Lincoln Rd #500
General
- Price: $3,800,000
- HOA FEE: $7,957/month
- Taxes: $63,007
- Status: Active
- Type: Office
- MLS ID: A11589035
- Updated: 5/16/2024
- Added to Site: 31 day(s) ago
Business
- Business Type: Condominium, Office Space
Location
- County: Miami-Dade County
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Commercial, Office
- Detached/Attached: Detached
- Stories/Levels: 8
- Building Size: 10033
- Year Built: 1932
Lot Features
- Zoning: 6600
Financial Considerations
- Association Fee: $7,957
- Assoc Fee Freq.: Monthly
- Tax Amount: $63,007
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Special Conditions: Sale
- Legal Description: 605 LINCOLN ROAD OFFICE CONDO UNIT 500 UNDIV 1.05% INT IN COMMON ELEMENTS OFF REC 23213-0721 COC 23261-4613 04 2005 2
- Property ID: 02-32-34-168-0260
Listed by Compass Florida, LLC.
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Schools
Schools serving 605 Lincoln Rd #500
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
1420 Washington Ave, Miami Beach, FL 33139 | PK-8 | 0.4 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 25.2 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.6 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 0.5 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 20.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 605 Lincoln Rd #500
Date
Details
Price
Change
Source
5/16/2024
Listed
$3,800,000
-5%
MLS
1/22/2021
Sold
$4,000,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 605 Lincoln Rd #500
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,782
-9%
$306,000
-9%
2022
$6,324
5%
$336,600
4%
2021
$6,049
14%
$323,000
27%
2019
$5,298
5%
$254,320
-4%
2018
$5,045
-3%
$266,200
-2%
2017
$5,180
-17%
$272,000
-12%
2016
$6,225
8%
$308,631
10%
2015
$5,752
4%
$280,574
3%
2014
$5,526
-10%
$272,000
-6%
2013
$6,140
—
$290,473
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 605 Lincoln Rd #500
605 Lincoln Rd #500, Miami Beach, FL 33139 (MLS# A11589035) is a Office property. 605 Lincoln Rd #500 is currently listed for $3,800,000 and was received on May 16, 2024. Want to learn more about 605 Lincoln Rd #500? Do you have questions about finding other Office real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.