NOT LISTED FOR SALE

1250 Lincoln Rd Unit 510 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $316,000 - $406,000

1 Bed
1.5 Baths
740 Sq Ft
$414/mo HOA Fee

Last Sold February 11, 2022

Last sale price $285,000 $385 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,692/month

59 Days on Market

Highlights

  • Intercom to Front Desk
  • Skyline View
  • Balcony
  • Newly Remodeled
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of February 2022

Premium Miami Beach investment opportunity - location, location at 1250 Lincoln Road. This spacious 1 bedroom + 1.5 bathroom condo corner sits in the heart of South Beach's Lincoln Road neighborhood. Condo features large master bedroom with walk-in closet and on-suite bath, south-facing balcony with unobstructed views of West Avenue and 1 assigned parking space in gated garage. Purchase this property and enjoy all the SOBE has to offer . Corner of West Avenue & Lincoln Road. GREAT BUILDING WITH OVER 10% RESERVES !!! MAKE YOUR OFFER TODAY !!

Last Agent to Sell the Property

Jose Gurrea Igual

MMLS Assoc.-Inactive Member License #3353402 Listed on: 12/13/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Juliana Martinez

Miami Realty Solution Group License #3255880

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,518

Year Built

  • Built in 1985 | Newly Remodeled

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 740 Sq Ft Home
  • Vinyl Flooring
  • Skyline Views
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-058-0400

Community Details

Overview

  • Lincoln West Garden Condos
  • Lincoln West Gardens Cond Subdivision
  • 5-Story Property

Amenities

  • Intercom to Front Desk
  • Lobby
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,518

Year Built

Built in 1985 | Newly Remodeled

Lot Details

0

HOA Fees

$414 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: Building entrance on West Avenue at Lincoln Road; metered street parking; public lot downstairs.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LINCOLN WEST GARDENS COND
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 740
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Lincoln West Garden
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Parking-Under Building, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Complex Fenced, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 414
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-058-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 414

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3518

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 9, 2022
Sold by
Jonpol Lavalle
Bought by
Martinez Juliana Teixeira
Seller's Agent
Jose Gurrea Igual
MMLS Assoc.-Inactive Member
Buyer's Agent
Juliana Martinez
Miami Realty Solution Group
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$345,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,369
Avg. Annual Appreciation
5.63%
Original Mortgage
$270,750
Outstanding Balance
$252,367
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$93,002

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 26, 2019
Sold by
Ekstein Tamar
Bought by
Lavalle Jonpol
Seller's Agent
Elizabeth Crowley
Douglas Elliman
Buyer's Agent
Jose Gurrea Igual
MMLS Assoc.-Inactive Member
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$207,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2017
Sold by
Ekstein Jacqui
Bought by
Ekstein Tamar

Purchase Details

Closed on
Apr 23, 1996
Sold by
Abe Resnick Tr
Bought by
Ekstein Jacqui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Juliana Teixeira $285,000 Jurado & Farshchian Pl
Lavalle Jonpol $218,000 Attorney
Ekstein Tamar $214,900 Attorney
Ekstein Jacqui $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Juliana Teixeira $270,750
Previous Owner Lavalle Jonpol $207,100
Previous Owner Ekstein Jacqui $100,000
Previous Owner Ekstein Jacqui $75,000
Previous Owner Ekstein Jacqui $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $285,000 -3.4% $385 / Sq Ft
12/13/2021 12/13/21 For Sale $295,000 +35.3% $399 / Sq Ft
12/27/2019 12/27/19 Sold $218,000 -0.9% $295 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $220,000 0.0% $297 / Sq Ft
07/01/2018 07/01/18 Rented $1,300 0.0% --
06/18/2018 06/18/18 Under Contract -- -- --
06/13/2018 06/13/18 For Rent $1,300 0.0% --
03/01/2017 03/01/17 Rented $1,300 0.0% --
01/10/2017 01/10/17 Price Changed $1,300 -13.3% $2 / Sq Ft
12/07/2016 12/07/16 Price Changed $1,500 -11.8% $2 / Sq Ft
11/11/2016 11/11/16 Price Changed $1,700 -5.6% $2 / Sq Ft
11/08/2016 11/08/16 For Rent $1,800 -- --
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 $4,746 $252,548 -- --
2024 $4,545 $252,548 -- --
2023 $4,545 $240,522 $0 $0
2022 $3,766 $200,435 $0 $0
2021 $3,518 $182,214 $0 $0
2020 $3,328 $171,900 $0 $0
2019 $3,701 $191,000 $0 $0
2018 $4,072 $216,535 $0 $0
2017 $4,103 $214,855 $0 $0
2016 $4,087 $195,323 $0 $0
2015 $3,825 $177,567 $0 $0
2014 $3,280 $161,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jose Gurrea Igual

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Buyer's Agent in 2022

    Juliana Martinez

    Miami Realty Solution Group

    (786) 361-7289

    1 in this area

    28 Total Sales

    Section Image

  • E

    Seller's Agent in 2019

    Elizabeth Crowley

    Douglas Elliman

    Section Image

  • A

    Seller Co-Listing Agent in 2019

    Ashley Gort

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Buyer's Agent in 2018

    Jennifer Suarez Palomino

    MMLS Assoc.-Inactive Member

  • Yovani Garcia

    Seller's Agent in 2017

    Yovani Garcia

    Cervera Real Estate Inc.

    (305) 962-4069

    2 in this area

    64 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11135967

MIAMI REALTORS® MLS

APN: 02-3233-058-0400

Florida Miami/Dade County Miami Beach 33139 Flamingo

1250 Lincoln Rd Unit 510, Miami Beach, FL

This home is located at 1250 Lincoln Rd Unit 510, Miami Beach, FL 33139 since 13 December 2021 and is currently estimated at $345,369, approximately $466 per square foot. This property was built in 1985. 1250 Lincoln Rd Unit 510 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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