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Unit 622
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Decoplage Unit 622 Sold

$370,000
100 Lincoln Road · Ocean Drive · Miami Beach
Decoplage Unit 622 Sold
$370,000
100 Lincoln Road · Ocean Drive · Miami Beach
MLS A11148903
Decoplage Unit 622, 100 Lincoln Road, Ocean Drive, Miami Beach FL 33139, photo 1 of 1
$370,000Sold Price
$435Per SqFt
1/1½Beds/BathsBd/Ba
850SqFt · 79.0 m²
Decoplage · MLS A11148903 · 1748 days on Zilbert · Listed Jan 20, 2022 · 100 Lincoln Road, Ocean Drive, Miami Beach FL 33139

Property Details

Sold Price$370,000
Last Asking Price$429,000
Price per SqFt$435
Maintenance Fee$774 Monthly
Property Taxes$5,702 2021
Interior Space850 SqFt
Beds/Baths1/1½
Year Built1965
Closed Date3/31/2022
MLS #A11148903

Location

Directions

From the listing

Excellent investment opportunity to buy, remodel and resell or hold & rent for excellent return on investment. Bright corner unit located in an oceanfront luxury building on world famous Lincoln Rd. Spacious 1 bed / 1.5 bath with large balcony. Building is almost complete with major concrete restoration, all new impact windows and glass door to balcony already completed. Five star building with security, valet, luxury pool, modern fitness center & more. Liberal rental policy allows 30 day rentals up to 12 times per year making this an income generating cash cow for investors, or an excellent source of income to cover expenses for out of town owner renting it while not using. Also ideal as a vacation condo/second home beach pad. Motivated seller, great price and opportunity!

Listed by Coldwell Banker Realty

What It Costs to Own

Monthly, before a mortgage and insurance

Maintenance$774
Property taxes$475
Per month$1,249

Maintenance $774 a month; taxes $5,702 for 2021. MLS figures, which may not be accurate.

Sales History for This Unit · Decoplage Unit 622

Sales history is unavailable for this property

What Other Units Have Been Selling For at Decoplage

28 units sold at Decoplage in the last 12 months at an average of $768/SqFt

Below, the most recent sales most like this unit: units with the same bedroom count.

Unit ⇅Sold Price ⇅% of Ask ⇅Beds/Baths ⇅SqFt ⇅$/SqFt ⇅Closed Date ⇅

For a full analysis of past sales in this building, contact Mark Zilbert.

Mark Zilbert, Global Real Estate Advisor
Mark Zilbert
Global Real Estate Advisor · ONE Sotheby's International Realty · I track every sale at Decoplage. Ask me about this residence, the line, or the building.

Listed by Coldwell Banker Realty. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.

The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.

More at Decoplage

At Decoplage, 38 of 614 units are for sale and 28 sold in the last 12 months at an average of $768 per SqFt. Unit 622 sold at $435 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.

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