605 Lincoln Road 500
Unit 500
1 / 2
605 Lincoln Road 500 Unit 500 Sold
$3,425,000
605 Lincoln Road 500 · Ocean Drive · Miami Beach
605 Lincoln Road 500, 605 Lincoln Road 500, Ocean Drive, Miami Beach FL 33139, photo 1 of 2605 Lincoln Road 500, 605 Lincoln Road 500, Ocean Drive, Miami Beach FL 33139, photo 2 of 2
$3,425,000Sold Price
Per SqFt
—/—Beds/BathsBd/Ba
SqFt
MLS A11589035 · 855 days on Zilbert · Listed May 16, 2024 · 605 Lincoln Road 500, Ocean Drive, Miami Beach FL 33139Current layoutPhotos first

Property Details

Sold Price$3,425,000
Last Asking Price$3,800,000
Price per SqFt
Maintenance fee$7,957 Monthly
Property Taxes$63,007
Interior Space
Beds/Baths—/—
Year Built1932
Closed Date10/31/2024
MLS #A11589035

Estimated Costs

An estimate of condo or HOA fees and property taxes

Monthly carry, before financing
$7,957maintenance · $7,957 per month
$5,251taxes · $63,007/yr ÷ 12
$13,208 / monthassociation + taxes, before mortgage and insurance

Fees and taxes based on MLS provided figures, and may not be accurate

From the listing

605 Lincoln Road is a boutique office building located in the heart of South Florida’s premier outdoor shopping,dining, and entertainment destination. The 5th-floor office condo being offered for sale features the following: •10,033 SF full floor with high ceilings and abundant natural light • 18 private offices including 2 executive suites •Projected Pro-Forma Cap Rate 9%+ • The elevator opens directly into the private reception area • A flexiblesingle-tenant floor plan that can be easily converted for multi-tenant use •Directly down the block from theapproved convention center hotel with approved plans for 800-rooms. • Parking spaces available from the City ofMiami Beach in the adjacent parking garage

Listed by Compass Florida, LLC

Sales History for This Home · 605 Lincoln Road 500, Miami Beach, FL 33139

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
+1 (786) 280-0201

Listed by Compass Florida, LLC. 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.

Location

Directions

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 There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values.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.