1300 Lincoln Rd C-1A Miami Beach, FL 33139-2264
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
4000:MULTI-FAM,63-100 U/A · Miami Beach, FLMiami Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.