605 Lincoln Rd, Miami Beach, FL 33139
- Added:
- Apr 3, 2026
- Days on Market:
- 70
- Last Refresh:
- Jun 11 at 9:06 pm
Property Features for 605 Lincoln Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- 6600
- Security features
- Fire Sprinkler System
- Interior features
- Fire Sprinkler System
- Standard status
- Active
- APN
- 02-32-34-168-0260
- Size
- 9,800 SF
Utilities
- Sewer type
- Other
- Water source
- Public
Building Details
- Year built
- 1932
- Building materials
- Block
- Architectural style
- Other
Listing agent Menachem Fellig License #3291623 (305) 632-8803
Listing office Compass Florida, LLC 1212 Lincoln Rd, Miami, FL (305) 851-2820
Listing date Apr 3, 2026
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime location on Lincoln Road, a premier shopping, dining, and entertainment destination in South Florida.
- Recently renovated in 2025 with new porcelain flooring, upgraded bathrooms, modern kitchen, custom millwork, and updated lighting.
- Entire fifth floor office condominium totaling approximately 9,800 SF with a flexible layout including 18 private offices, two executive suites, and a conference room.
- Secure elevator opens directly into a private reception area, providing exclusivity and convenience.
- Potential for multi‑tenant use due to easily reconfigurable layout.
- Located steps from the approved convention center hotel site (approximately 800 rooms), enhancing long‑term value.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $446.9k | $45.60 |
| − Vacancy | −$100.5k | −$10.26 |
| EGI | $346.3k | $35.34 |
| − OpEx | −$86.6k | −$8.84 |
| NOI | $259.7k | $26.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.134369
- Latitude
- 25.790679
