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Renovated Four-Unit Quadplex
For Sale
Contact for pricing
Pending

1451 Lincoln Terrace, Miami Beach, FL 33139

RM-2-zoned multifamily property with furnished units, rental licenses, and updated building systems near Biscayne Bay.

Property SizeContact for details
Days on Market141

Property Features for 1451 Lincoln Terrace

General Information

Standard status Pending
Property subtype Multifamily
Zoning RM-2

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Additional Details

Furnished Yes

Amenities

Nest central A/C
in-unit washer/dryer
glass door bathrooms
impact windows
balconies
stainless steel appliances
dishwashers
marble countertops
hardwood flooring
high ceilings

Building Details

Buildings 1
Listing Agency: Compass Florida, LLC.
Listed By: PATRICIA AGUDELO · License #3266560
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC.

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains corner residences with two bedrooms and two full bathrooms per unit. The interiors have been renovated with updated electrical and plumbing systems, Nest central A/C, impact windows, balconies, hardwood floors, high ceilings, and in-unit washer/dryer appliances. Each residence includes a furnished kitchen with stainless steel appliances, a dishwasher, and marble countertops, while the bathrooms feature glass doors.

The property is zoned RM-2 for apartment and hotel use, with support for both short- and long-term rentals. All four units hold BTR licenses and operate as Airbnb rentals. Its Miami Beach setting provides access to the bay, nearby shops, Trader Joe’s, Sunset Harbour, and Lincoln Road.

Key Highlights

  • Four corner units, each with 2 bedrooms and 2 full bathrooms
  • RM‑2 zoning permits apartment and hotel use, including short- and long‑term rentals
  • Each unit has a BTR license and operates as an Airbnb rental

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Adult Day Care Pet Grooming Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

4,907
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - RM-2-zoned multifamily property with furnished units, rental licenses, and updated building systems near Biscayne Bay.
Where is this quadplex located?
The property is located at 1451 Lincoln Terrace Miami Beach, FL.
What are key features of this property?
This property features: Four corner units, each with 2 bedrooms and 2 full bathrooms; RM‑2 zoning permits apartment and hotel use, including short- and long‑term rentals; Each unit has a BTR license and operates as an Airbnb rental
(347) 623-7163 Call to check price and availability
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