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$1,650,000
1431 Lincoln Te
Miami Beach, FL 33139
MLS# A2098052
Status: Closed
3378 sqft


Exterior Front
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Property Description
RM2 Zoning ALLOWS APART/HOTEL USE, Transient Rentals! LOCATION!!!! ADJACENT TO LINCOLN ROAD, in the new up & coming West Side of LINCOLN Area. A Quiet and Quaint Stone Paved street leading up to the Bay. 3/4 have been remodeled. 2 units have Traverti ne Marble Floors and Baths, granite countertops, and wood kitchens. OWN LAND in the heart of South Beach, with profitable income generating apartments. Newer landscaping, stone pavers, lit palm trees. IMPACT WINDOWS! Must SEE!

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2015-04-07
Status: Closed
Original List Price: 1850000
Sold Price: $1,650,000
Current Price: $1,650,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 8
Country: United States
Street Number: 1431
Street Name: Lincoln Te
State Or Province: FL
Postal Code: 33139
Postal Code +4: 2128
Subdivision Name: LINCOLN TERRACE SUB
Area: 2320
Parcel Number: 0232330080030
Zoning: 40/MUL M
Directions: OFF BAY ROAD , ONE STREET SOUTH OF LINCOLN ROAD. A TRUE FIND.
General Property Information
Number Of Units Total: 4
Living Area Main: 3378
Lot Size Dimensions: X
Parking Total: 0
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No
LP/Assessed Value: 2.38
Property Sub Type: Quadruplex
Building Area Main: 3378
Year Built: 1950
Financial Information
Tax Assessed/SOH Value: 756391
Tax Annual Amount: 15367
Tax Year: 2014
Tax Legal Description: LINCOLN TERRACE SUB PB 49-100LOT 3 LOT SIZE 50.000 X 100 OR 17734-0844 0697 5
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2015-10-21T00:15:53Z
Major Change Type: Status Change
Status Change Date: 2015-11-02
Under Contract Date: 2015-09-18
Close Date: 2015-10-20
Close Price: 1650000
Electric
Circuit Breakers: 1
Exterior Features
Barbecue: 1
Lighting: 1
Flooring
Marble: 1
Other: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Documents Available
Existing Survey: 1
Financial Statement: 1
Investment Analysis: 1
Rent Rolls: 1
Structure Type
Multi Family: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Separate Meters: 1
Window/Wall: 1
Other: 1
Construction Materials
CBS: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 96600
Cooling
Ceiling Fan(s): 1
Wall/Window Unit(s): 1
Ceiling Fan Details
Number Of Ceiling Fans: 12
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Storm Protection
Impact Glass: Partial
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Porch: 1
Balcony Details
Balcony - Open: 1
Porch Details
Porch - Open: 1
Buyer Details
Intended Use: Investment
Concessions
Seller Concessions: No
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2300
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 0
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Security System Leased: 1
Unit 1 Parking Features
On Street: 1
Unit 2 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Window Coverings: 1
Unit 2 Parking Features
On Street: 1
Unit 3 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 2000
Baths Full: 2
Beds Total: 2
Furnished: Unfurnished
SqFt: 0
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Window Coverings: 1
Unit 3 Parking Features
On Street: 1
Unit 4 Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Unit 4 Details
Actual Rent: 1750
Baths Full: 1
Beds Total: 2
Furnished: Unfurnished
SqFt: 0
Unit 4 Lease Description
Lease Term: Month To Month
Unit 4 Other Equipment
Air Conditioning Unit: 1
Window Coverings: 1
Unit 4 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 488.45
Section Details
Parcel Number MLX: 0030
Originating Details
Originating System Key: 133147162
Originating System ID: M00000151
Property Features
Documents Available: Existing Survey; Financial Statement; Investment Analysis; Rent Rolls
Electric: Circuit Breakers
Exterior Features: Barbecue; Lighting
Flooring: Marble; Other
Property Condition: Resale; Updated/Remodeled
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Ceiling Fan(s); Wall/Window Unit(s)
Heating: Separate Meters; Window/Wall; Other
Laundry Features: Outside
Listing Terms: Cash; Conventional
Possession: Negotiable
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Outdoor Living Spaces: Balcony; Patio; Porch
Balcony Details: Balcony - Open
Porch Details: Porch - Open
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Security System Leased
Unit 1 Parking Features: On Street
Unit 2 Appliances: Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Window Coverings
Unit 2 Parking Features: On Street
Unit 3 Appliances: Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Window Coverings
Unit 3 Parking Features: On Street
Unit 4 Appliances: Microwave; Range; Refrigerator
Unit 4 Other Equipment: Air Conditioning Unit; Window Coverings
Unit 4 Parking Features: On Street

IDX
Listing Office: MAR NON MLS MEMBER

Last Updated: August - 11 - 2026

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