NOT LISTED FOR SALE

1250 Lincoln Rd Unit 502 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $426,000 - $480,000

2 Beds
2 Baths
860 Sq Ft
$460/mo HOA Fee

Last Sold April 13, 2021

Last sale price $308,400 $359 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,358/month

185 Days on Market

Highlights

  • Bay View
  • Balcony
  • Secured Garage or Parking
  • Community Pool
  • Card or Code Access
  • Ceramic Tile Flooring

About This Home

As of April 2021

Spectacular opportunity to own a turn-key apt. in one of the most desirable locations of Miami Beach. This bright and clean 2B/2B unit offers the possibility of being a full time home, a pied-a-terre, or an income property. It features a large balcony to enjoy beautiful sunsets, a spacious living area, double doors to the guest bedroom that allow for it to be used as office or intimate dining room as it integrates easily with the flow of the unit. Hurricane shutters and more. The building is situated on the residential area of Lincoln Road, with its renown restaurants, shops, movie theaters and entertainment. Also steps away are a selection of supermarkets, parks, department stores, fitness facilities and the beach is just a 10-15 minutes walk.

Last Agent to Sell the Property

Denis Tejedor

Aleman Realty, LLC License #3252174 Listed on: 09/14/2020

Co-Listed By

Darryl Fox

One Sotheby's International Re License #0646276

Last Buyer's Agent

Oliver Davis

Live Work Play Miami Group, LLC. License #3081901

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,809

Year Built

  • Built in 1985

HOA Fees

  • $460 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Bay
  • Skyline

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 860 Sq Ft Home
  • Custom Mirrors
  • Vertical Blinds
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-058-0080

Community Details

Overview

  • Lincoln West Gardens Cond Condos
  • Lincoln West Gardens Cond Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,809

Year Built

Built in 1985

Lot Details

0

HOA Fees

$460 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Co List Office Mls Id: OSIR03
  • Co List Office Phone: 305-538-9711
  • Directions: Google maps. SE Corner or West Ave. and Lincoln Rd.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: LINCOLN WEST GARDENS COND
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Custom Mirrors
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 860
  • Possible Use: Primary
  • Stories: 5
  • Window Features: Verticals
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Bay, Skyline
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN WEST GARDENS COND
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Card Entry, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 460
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-058-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 460

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Apr 13, 2021
Sold by
Clark Randy A
Bought by
Collins Maurice C
Seller's Agent
Denis Tejedor
Aleman Realty, LLC
Buyer's Agent
Oliver Davis
Live Work Play Miami Group, LLC.
List Price
$349,999
Sold Price
$308,400
Premium/Discount to List
-$41,599
-11.89%
Current Estimated Value
$458,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,589
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Jan 3, 2000
Sold by
Llau Jean and Llau Hughes
Bought by
Temte Thomas B and Clark Randy A

Purchase Details

Closed on
Jun 23, 1995
Sold by
Resnick Abe
Bought by
Llau Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Collins Maurice C $308,400 Attorney
Temte Thomas B $100 --
Temte Thomas B $112,000 --
Llau Jean $91,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Llau Jean $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $308,400 -7.9% $359 / Sq Ft
12/05/2020 12/05/20 Price Changed $335,000 -4.3% $390 / Sq Ft
09/11/2020 09/11/20 For Sale $349,999 -- $407 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,622 $295,516 -- --
2024 $4,492 $287,188 -- --
2023 $4,492 $278,824 $0 $0
2022 $4,312 $270,703 $0 $0
2021 $4,625 $239,560 $0 $0
2020 $1,955 $171,427 $0 $0
2019 $1,885 $167,573 $0 $0
2018 $1,755 $164,449 $0 $0
2017 $1,728 $161,067 $0 $0
2016 $1,714 $157,755 $0 $0
2015 $1,738 $156,659 $0 $0
2014 $1,859 $155,416 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Denis Tejedor

    Seller's Agent in 2021

    Denis Tejedor

    Aleman Realty, LLC

    (305) 538-9711

    3 in this area

    15 Total Sales

    Section Image
  • Darryl Fox

    Seller Co-Listing Agent in 2021

    Darryl Fox

    One Sotheby's International Re

    (305) 788-3699

    4 in this area

    57 Total Sales

    Section Image
  • Oliver Davis

    Buyer's Agent in 2021

    Oliver Davis

    Live Work Play Miami Group, LLC.

    (786) 530-1871

    104 in this area

    183 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10926014

MIAMI REALTORS® MLS

APN: 02-3233-058-0080

Florida Miami/Dade County Miami Beach 33139 Flamingo

1250 Lincoln Rd Unit 502, Miami Beach, FL

This home is located at 1250 Lincoln Rd Unit 502, Miami Beach, FL 33139 since 14 September 2020 and is currently estimated at $451,807, approximately $525 per square foot. This property was built in 1985. 1250 Lincoln Rd Unit 502 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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