$2,750,000

1471 Lincoln Terrace Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $17,363/month

Total Views 2,985
-- Bed
-- Bath
3,952 Sq Ft
$696 Price per Sq Ft

About This Home

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.

Listing Agent

Nabil Jimenez

Douglas Elliman License #3469324 Listed on: 03/26/2025

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,533

Year Built

  • Built in 1950

Parking

  • 1 Parking Space

Home Design

  • Quadruplex

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Lincoln Terrace Sub Condos
  • Lincoln Terrace Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-008-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,533

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LINCOLN TERRACE SUB
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Living Area: 3952
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN TERRACE SUB
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 02-32-33-008-0050
  • Zoning: 4000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32533

Multi Family

  • Number Of Units In Community: 4

Map

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

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 For Sale $2,750,000 +48.6% $696 / Sq Ft
12/29/2021 12/29/21 Sold $1,850,000 -25.7% $468 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $2,490,000 -- $630 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11769177

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami Beach 33139 Flamingo

1471 Lincoln Terrace, Miami Beach, FL

This home is located at 1471 Lincoln Terrace, Miami Beach, FL 33139 and is currently priced at $2,750,000, approximately $695 per square foot. This property was built in 1950. 1471 Lincoln Terrace 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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Nabil Jimenez
Listing Agent
Nabil Jimenez
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Douglas Elliman
(561) 405-0218