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    1300 Lincoln Rd Miami Beach, FL 33139

    For Sale
    $850,000

    Prime South Beach Retail Space - Vacant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a 1966-built, 10-story apartment building located at 1300 Lincoln Road #1B, Miami Beach, Florida 33139, within Miami-Dade County. The property, identified as LINCOLN TOWERS CONDO, is offered at $850,000 and encompasses a ground floor storefront retail space. The building itself is a single structure, offering high visibility and significant foot traffic due to its prime Lincoln Road location in the heart of South Beach. Currently vacant, this unit presents a unique opportunity for owner-occupancy, allowing a business to establish a presence in a highly desirable area. Alternatively, the space is well-suited for leasing to generate rental income, providing a strong investment return. The property's classification includes both retail and multifamily designations, reflecting its versatile potential. Its strategic location ensures consistent exposure to a large and diverse customer base, making it an attractive proposition for a variety of retail or office businesses. The property's vacant status allows for immediate customization and occupancy, minimizing delays for prospective buyers. This is a rare chance to acquire a well-positioned commercial property in one of Miami Beach's most sought-after locations. Don't miss this chance to own a piece of South Beach's vibrant commercial landscape.

    Property Features for 1300 Lincoln Rd

    General Information

    Property type
    Multifamily properties

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    10

    HighLights

    • 1966‑built, 10‑story apartment building with ground floor retail space at 1300 Lincoln Road #1B, Miami Beach, FL 33139.
    • Offered at $850,000.
    • High visibility, high foot traffic location on Lincoln Road in South Beach.
    • Currently vacant, ideal for owner‑occupancy or leasing.
    • Retail and multifamily zoning allows versatile use.
    • Immediate occupancy available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1427275
    Latitude
    25.7901962

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    FAQs

    What type of property is this?
    Multifamily property - Prime South Beach Retail Space - Vacant
    Where is this multifamily property located?
    The property is located at 1300 Lincoln Rd Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 1966-built, 10-story apartment building with ground floor retail space at 1300 Lincoln Road #1B, Miami Beach, FL 33139.; Offered at $850,000.; High visibility, high foot traffic location on Lincoln Road in South Beach.
    Request Owner's contact information
    1300 Lincoln Rd Miami Beach, FL 33139
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    Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 Lincoln Rd Miami Beach, FL 33139
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