Financial
Distress signals
Property profile

605 Lincoln Rd 500 Miami Beach, FL 33139

FOR LEASE
Office buildings
Property ID
US18-1644511
680 SF Built 1932
Last sale Apr 2005 · $3,322,475
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

605 Lincoln Road is a boutique office building featuring a renovated lobby entrance and a secure elevator that opens directly to a private reception area within the building. The fifth-floor office condominium comprises approximately 9,800 square feet and was fully renovated in 2025, with updated finishes including new porcelain flooring, upgraded bathrooms, a modern kitchen, custom millwork, and updated lighting. The interior layout is configured for office use with 18 private offices…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$306k
Effective rate1.89%

Value estimate

· Oct 2026
$3.43M
$3.08M – $3.77M
AI approach$3.43M
NOI build-up
Gross scheduled income$447k
Vacancy & credit loss−$101k
Operating expenses−$87k
NOI · 472,270.91% cap applied$260k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,504/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$811 – $4,249
Qualifying comparables9

Cap rate analysis

How does the asset earn?
472,270.91%
$260k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
6600:COMMERCIAL,LIBERAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.0
Nursing Home9.3
Auto Parts Store8.9

Location

605 Lincoln Rd, Unit 500 Miami Beach, FL 33139
County assessor Recorded deeds · 2 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 20th, Miami Beach, FL 33139-1412 $550,000 Jul 2023 526 SF
1400 20th, Miami Beach, FL 33139-1412 $500,000 Dec 2022 558 SF
1400 20th, Miami Beach, FL 33139-1412 $475,000 Oct 2021 511 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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