Prime Investment Opportunity in the Heart of Miami Beach! Fourplex building, perfectly positioned in a walkable and trendy neighborhood that is highly appealing to both visitors and long-term renters. Just steps away from the stunning Miami Beach Bay, each o

1471 LINCOLN TER, Miami Beach

$2,750,000 USD
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Address1471 LINCOLN TER, Miami Beach
Building NameLINCOLN TERRACE SUB
Type of PropertyQuadruplex
Property StyleQuadruplex
Price$2,750,000
Property StatusActive
MLS NumberA11769177
Living Area3952
Year Built1950
Parking Space Number1
Folio Number02-32-33-008-0050
Zoning Information4000
Days on Market186

Detailed Description: Prime Investment Opportunity in the Heart of Miami Beach! Fourplex building, perfectly positioned in a walkable and trendy neighborhood that is highly appealing to both visitors and long-term renters. Just steps away from the stunning Miami Beach Bay, each of the 4 corner units within this property boasts 2 bedrooms and 2 full bathrooms. Recently renovated, this property is zoned RM-2, allowing for versatile apartment / hotel use, offering both short and long-term rental opportunities, ensuring immediate income potential. Key upgrades include new electrical systems, plumbing and impact windows. The prime location of this property allows easy access to a variety of amenities including trendy shops, Trader Joe’s, the vibrant Sunset Harbour, and the famous Lincoln Road.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1471 LINCOLN TER
Section33
Zip Code (4 Digits)2117
Financial Information
Price$2,750,000
Price per Foot$0
Folio Number02-32-33-008-0050
Association Fee PaidMonthly
Tax Amount$32,533
Tax Year2024
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime Investment Opportunity in the Heart of Miami Beach! Fourplex building, perfectly positioned in a walkable and trendy neighborhood that is highly appealing to both visitors and long-term renters. Just steps away from the stunning Miami Beach Bay, each of the 4 corner units within this property boasts 2 bedrooms and 2 full bathrooms. Recently renovated, this property is zoned RM-2, allowing for versatile apartment / hotel use, offering both short and long-term rental opportunities, ensuring immediate income potential. Key upgrades include new electrical systems, plumbing and impact windows. The prime location of this property allows easy access to a variety of amenities including trendy shops, Trader Joe’s, the vibrant Sunset Harbour, and the famous Lincoln Road.
Roof DescriptionOther
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Sewer DescriptionPublic Sewer
Property parameters
Living Area3952
Zoning Information4000
Year Built1950
Type of PropertyQuadruplex
StyleQuadruplex
Building NameLINCOLN TERRACE SUB
Development NameLINCOLN TERRACE SUB
Construction TypeOther
Stories Number2.000
Parking Space Number1
Listed withDouglas Elliman