$5,800,000
$950K PRICE DROP

Estimated payment $33,064/month

Total Views 3,480
-- Bed
-- Bath
10,160 Sq Ft
$571 Price per Sq Ft

About This Home

PART OF THE FIRST RESIDENCE LUXURY COLLECTION: Built in 1940 by Lawrence Murray Dixon and capturing Miamis classic sophistication, First Herbshire is being completely restored with the highest taste. Framed by Lincoln Road and Espanola Way and close to Miami Beach Convention Center and Flamingo Park. Walking distance to Ocean Drive and the beach A charming, 20-unit boutique building offering the perfect blend of classic Miami architecture and modern living. This bright and airy residence sits on a quiet, tree-lined street just steps from world-class shopping, dining, and the beach. Enjoy the Art Deco vibes, tropical landscaping, and walkable lifestyle that define South Beach living. Ideal for full-time residents or a chic vacation retreat. A rare find in an unbeatable location.

Listing Agent

Valerio Spinaci

Opera REI Inc License #3314298 Listed on: 05/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,751

Year Built

  • Built in 1940

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,160 Sq Ft Home
  • 2-Story Property
  • Marble Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • 20 Units
  • First Herbshire Condos
  • First Herbshire Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-002-1020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,751

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: FIRST HERBSHIRE
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Marble
  • Living Area: 10160
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: FIRST HERBSHIRE

Utilities

  • Sewer: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-002-1020
  • Zoning: 3900

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 31751

Multi Family

  • Number Of Units Total: 20

Map

Range of Values:

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Value Increase
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Percent Increase
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List 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 List to Sale Price per Sq Ft
07/30/2025 07/30/25 Price Changed $5,800,000 +6.4% $571 / Sq Ft
06/10/2025 06/10/25 Price Changed $5,450,000 -4.4% $536 / Sq Ft
06/04/2025 06/04/25 Price Changed $5,700,000 -4.2% $561 / Sq Ft
05/23/2025 05/23/25 Price Changed $5,950,000 -4.8% $586 / Sq Ft
05/22/2025 05/22/25 Price Changed $6,250,000 -7.4% $615 / Sq Ft
05/01/2025 05/01/25 For Sale $6,750,000 -- $664 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11794663

MIAMI REALTORS® MLS