Closed

Lincoln Terrace, 1451 Lincoln Ter Miami Beach, FL 33139

2,550,000(-9.8% )
$2,300,000Price
4,212SqFt

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Details

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Size: 4,212 ft2 / 391 m2
Price: $546 ft2 / $5,878 m2
Built: 1950
MLS Number: A11501600
On Site: 475 Days
Updated: 277 Days ago
Page Views: 0
Attention all investors! This incredible multi-family building features 4 corner units, each offering 2 bedrooms and 2 full bathrooms. Recently renovated and steps from the bay, the zoning is rm-2 that permits for apartment/hotel use, short and long term rentals. Each unit has a btr license and function as an airbnb. The updates includes new electrical systems, plumbing, nest central a/c, in-unit washer/dryer, glass door bathrooms, impact windows and balconies. Fully equipped kitchens boast stainless steel appliances, dishwashers, and marble countertops. Hardwood flooring . High ceilings, and stylish furnishings complete the look of each unit. The property's is prime location easy access to shops, trader joe's, trendy sunset harbour, and famous lincoln road.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Balcony

Price History

06/25/2024

Date

Sold

Event

$2.3M

Price

-9.8%

Change Rate

$546 ft2 / $5,878 m2

Price Per

04/12/2024

Date

Price Reduced

Event

$2.6M

Price

-1.73%

Change Rate

$605 ft2 / $6,517 m2

Price Per

04/01/2024

Date

Price Reduced

Event

$2.6M

Price

-1.14%

Change Rate

$616 ft2 / $6,632 m2

Price Per

02/26/2024

Date

Price Reduced

Event

$2.6M

Price

-1.87%

Change Rate

$623 ft2 / $6,708 m2

Price Per

01/25/2024

Date

Price Reduced

Event

$2.7M

Price

-2.73%

Change Rate

$635 ft2 / $6,836 m2

Price Per

01/09/2024

Date

Price Reduced

Event

$2.8M

Price

-1.79%

Change Rate

$653 ft2 / $7,028 m2

Price Per

12/15/2023

Date

Listed

Event

$2.8M

Price

$665 ft2 / $7,156 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Patricia AgudeloCompass Florida, LLC. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$400/ft²
$500/ft²
$700/ft²
$900/ft²

Unit 1451 Lincoln Ter – Asking

$546/ft²

(-13%) from Closed Medium $/ft²

Closed Medium $/ft²

$627/ft²
Community $/Price Range (Closed) $546/ft² – $708/ft²
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