Home » Miami Beach » Lincoln Bay Towers at 1450 Lincoln Rd Miami Beach » 1450 Lincoln Ter 1, Miami Beach, FL 33139 | A11634369

Sold 1450 Lincoln Ter 1, Miami Beach, FL 33139

$690,000
closed for a price of $670,000

Property Highlights

Listing ID A11634369 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 947 Sqft/87.98 m2 approx. Building Area 947 Sqft/87.98 m2 approx. Year Built 1950 Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 44 Days

1450 Lincoln Ter 1, Miami Beach, FL 33139

Property Description: Quiet unit in an Airbnb Approved Building in the heart of South beach! This stunning 2 bed, 2 bath condo boasts newly added luxury vinyl flooring and new lighting throughout, impact windows & doors. Enjoy modern comforts with a newer HVAC system (installed 5/2023), tankless Titan water heater, and an in-unit washer & dryer. The kitchen features stainless steel appliances, marble countertops, and the bathrooms are beautifully updated with tile flooring and designer SMART/LED vanity mirrors. High ceilings add to the spacious feel. Recent updates include a new electrical panel (2023) and over $100K in exterior improvements, including new pavers, railings, and gutters. Average daily rental rate of $300 makes this an ideal investment or vacation home. Don 't miss out on this rare opportunity!

Useful Info

Contingency:Other
Original List Price:$690,000
Close Price:$670,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Property Condition:
  • Updated/remodeled
Entry Level (floor):1
Entry Level Location:1
Construction Materials:
  • Block
Flooring:
  • Tile
  • Wood
  • Vinyl
Number of stories:2

Property Features

View from the Property:
  • Garden
Waterfront:No
Security:
  • Smoke Detector(s)
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Ice Maker
Interior Features:
  • First Floor Entry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen/dining Combo
  • Custom Mirrors
Exterior Features:
  • Security/high Impact Doors
  • Patio
  • Other
Patio and Porch Features:
  • Patio
Window Features:
  • Blinds
  • Impact Glass
  • Sliding
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$7,658

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$525
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Va Loan
Occupant Type:
  • Vacant
Buyer Possession:
  • Negotiable
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Subdivision Name:LINCOLN TERRANCE II CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Trash
  • Maintenance Structure
  • Common Areas
  • Insurance
Complex Name:Lincoln Terrace
Senior Community:No
Restrictions: Other Restrictions,Ok To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Lakemont Elem
High School:Miami Beach
Middle Or Junior School:Nautilus

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewGarden View
Housing Older Persons ActNo HOPA
Unit DesignEast Of Us1,Substantially Remodeled
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year10
Flood ZoneAE
Homeowner's Association Application Fee0
Rooms DescriptionNo Additional Rooms
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number78
Water Access Description:Other

Zoning and Legal

Tax Legal Description:LINCOLN TERRANCE II CONDO UNIT 1 UNDIV 0.26% INT IN COMMON ELEMENTS OFF REC 24701-3137/25331-0727 COC 24914-3690 24996-413 0906 1 CD 25331-0
Real Estate Folio Number (Parcel Number):02-32-33-078-0010
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:August 19, 2024 12:01 pm
On Market Date:August 19, 2024
Close Date:October 2, 2024
Price Change Date Time:August 2, 2024 11:10 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 4, 2024 10:40 am
Status Last Changed:October 4, 2024 10:40 am
Photos Last Modified:August 19, 2024 4:51 pm
Last Modified:October 4, 2024 2:42 pm
Days on the Market Reference Date:October 4, 2024
Days on the Market (updated on Last Modified*):14
Cumulative Days on the Market (updated on Last Modified**):14

Additional Information

Unit Location:East Of Us1,Substantially Remodeled
Number of Photos:57
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Redfin Corporation
Attribution:617-458-2883
Universal Property Id:US-12025-N-0232330780010-R-N

Location

Show Property Address:Yes
Street Name:Lincoln Ter
Street Number:1450
Street Address:1450 Lincoln Ter 1
Unit Number:1
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1450 Lincoln Ter 1, Miami Beach, FL 33139
Latitude:N25° 47' 21.9''
Longitude:W81° 51' 20.6''

Neighborhood

Postal City:Miami Beach

Property Map

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