$475,000
SOLD MAY 12, 2025

1450 Lincoln Rd Unit 409 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1.5 Baths
787 Sq Ft
$823/mo HOA Fee

Recently Sold

$604 Per Sq Ft

7% Below List Price

102 Days on Market

Highlights

  • Ocean Front
  • Bay View
  • Bike Room
  • Intercom to Front Desk
  • Community Pool
  • 4-minute walk to Maurice Gibb Memorial Park ( Under Consturction )

About This Home

As of May 2025

Impressive views of the intracoastal bay. Hidden gem in the heart of South Beach. The building has a central location, within walking distance to all that South Beach has to offer. Incredible restaurants, shops and entertainment venues nearby; a ten-minute bicycle ride to the beach. Relax on your balcony or by the pool and watch the amazing sunsets and cruise ships pass by. The unit is completely renovated with new electricity, appliances, AC and porcelain floors throughout.

Last Agent to Sell the Property

Ruben Lemini

Avanti Way Realty LLC Brokerage Phone: 305-773-7409 License #3232604 Listed on: 01/25/2025

Avanti Way Realty LLC

Last Buyer's Agent

Chase Curson

Coldwell Banker Realty License #3528054

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,704

Year Built

  • Built in 1969

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home

HOA Fees

  • $823 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 787 Sq Ft Home
  • Bay Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-031-0180

Community Details

Overview

  • Mid-Rise Condominium
  • Lincoln Bay Towers Condo
  • Lincoln Bay Towers Condo Subdivision
  • 10-Story Property

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Bike Room
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,704

Year Built

Built in 1969

Lot Details

0

HOA Fees

$823 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Directions: Arriving in Miami Beach, take exit for Alton Road, make a left on 14th Street. Turn right at the 2nd cross street onto West Avenue. Turn left onto Lincoln Road the building will be at the end on the left. On street metered parking nearby. No valet.
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LINCOLN BAY TOWERS CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-773-7409
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 787
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 10
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LINCOLN BAY TOWERS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 823
  • Amenities: Bike Storage, Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-33-031-0180
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5704

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2025
Closed on
Jun 30, 2025
Sold by
Aec Eat Llc
Bought by
Syta Stephen and Dressler Joerg
Seller's Agent
Ruben Lemini
Avanti Way Realty LLC
Buyer's Agent
Chase Curson
Coldwell Banker Realty
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%
Views
34
Current Estimated Value
$478,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,151
Avg. Annual Appreciation
-1.35%

Purchase Details

Listed on
Jan 25, 2025
Closed on
May 12, 2025
Sold by
Toquero Lemini Ruben
Bought by
Aec Eat Llc
Seller's Agent
Ruben Lemini
Avanti Way Realty LLC
Buyer's Agent
Chase Curson
Coldwell Banker Realty
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%
Views
34

Purchase Details

Closed on
Nov 18, 2005
Sold by
Hatnay Robert M
Bought by
Lemini Ruben Toquero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,400
Interest Rate
6.23%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 26, 2004
Sold by
Weinberg Phoebe M and Christina May Gunger P
Bought by
Hatnay Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $475,000 None Listed On Document
Warranty Deed $475,000 None Listed On Document
Warranty Deed $280,500 Liberty Title Services Inc
Warranty Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,000 New Conventional
Previous Owner $224,400 Fannie Mae Freddie Mac
Previous Owner $148,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $475,000 -3.1% $604 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
03/01/2025 03/01/25 Price Changed $490,000 -3.9% $623 / Sq Ft
01/25/2025 01/25/25 For Sale $510,000 0.0% $648 / Sq Ft
10/12/2015 10/12/15 Rented $1,700 -5.6% --
09/12/2015 09/12/15 Under Contract -- -- --
09/19/2014 09/19/14 For Rent $1,800 +9.1% --
09/08/2013 09/08/13 Rented $1,650 -2.9% --
09/08/2013 09/08/13 For Rent $1,700 -- --
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 $5,942 $289,054 -- --
2024 $4,992 $273,001 -- --
2023 $4,992 $248,183 $0 $0
2022 $4,510 $225,621 $0 $0
2021 $3,960 $205,110 $0 $0
2020 $3,746 $193,500 $0 $0
2019 $3,937 $208,000 $0 $0
2018 $3,753 $230,847 $0 $0
2017 $3,533 $165,589 $0 $0
2016 $3,448 $150,536 $0 $0
2015 $3,280 $136,851 $0 $0
2014 $2,528 $124,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11732078

MIAMI REALTORS® MLS

APN: 02-3233-031-0180