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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Status:
Sold - Jun 25, 2024
Size: 4,212 SqFt (391 m2)
Price: $546/SqFt ($5,878/m2)
Type: Multi Family
Built: 1950
MLS Number: A11501600
On Site: 591 Days
Updated: 393 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
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Wood
      • Windows/Treatment: ImpactGlass
      • Year Built: 1950
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2023-12-18T16:49:43.000-00:00
        Taxes, Fees & More
        • Taxes: 30788

        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 Comps

        $400/ft²
        $500/ft²
        $700/ft²
        $900/ft²

        Unit 1451 Lincoln Ter – Asking

        $546/ft²

        (-23%) from Closed Medium $/ft²

        Closed Medium $/ft²

        $708/ft²
        Community $/Price Range (Closed) $708/ft² – $708/ft²
        No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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