$390,000
SOLD FEB 3, 2025
1 Bed
1.5 Baths
764 Sq Ft
$450/mo HOA Fee

Recently Sold

$510 Per Sq Ft

6% Below List Price

110 Days on Market

Highlights

  • Intercom to Front Desk
  • Community Pool
  • Balcony
  • Bay View
  • Cooking Island
  • 3-minute walk to Maurice Gibb Memorial Park ( Under Consturction )

About This Home

As of February 2025

This stunning Miami Beach apartment boasts exquisite renovations and an abundance of natural light. Large windows illuminate the open-concept living space, highlighting modern finishes throughout. The kitchen features stainless steel appliances and granite countertops, perfect for entertaining. Spacious bedroom, with ample walk-in closet space and 2 modern bathrooms. Offers city views from the private balcony, making this apartment a true gem in the heart of Miami Beach. Only 5 minutes away from Lincoln Rd shopping mall, restaurants and parks! And 10minutes away from south point park beach! This is a one of a kind at a great price point and low monthly maintenance fee.

Last Agent to Sell the Property

Adalis Bermudez Perez

The Brokerage A Real Estate Company License #3523959 Listed on: 10/16/2024

Last Buyer's Agent

Jeremy Vasquez

Coldwell Banker Realty License #3532650

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 1970

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Entry on the 7th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 764 Sq Ft Home
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Shower Only

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-034-0330

Community Details

Overview

  • Mid-Rise Condominium
  • Lincoln Palace Condo
  • Lincoln Palace Condo Subdivision
  • 8-Story Property

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Lobby
  • Interior Hall

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,278

Year Built

Built in 1970

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Directions: USE GPS
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: LINCOLN PALACE CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Interior Hall, Lobby, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 764
  • Possible Use: Primary
  • Stories: 8
  • Bedroom Features: Primary Bath Shower

Exterior Features

  • View: Bay
  • Exterior Features: 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 Palace Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Phone Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 450
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-33-034-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3278

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Feb 3, 2025
Sold by
Trujillo Huarcaya Elias Fernando
Bought by
Srs Southern Llc
Seller's Agent
Adalis Bermudez Perez
The Brokerage A Real Estate Company
Buyer's Agent
Jeremy Vasquez
Coldwell Banker Realty
List Price
$413,500
Sold Price
$390,000
Premium/Discount to List
-$23,500
-5.68%
Views
15
Current Estimated Value
$391,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,371
Avg. Annual Appreciation
0.52%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Oct 1, 2018
Sold by
Vicente Roberto and Vicente Carmen
Bought by
Gbs Strong Tower Llc
Seller's Agent
Kevin Crego
Compass Florida, LLC
Buyer's Agent
Geraldine Berrospi
London Foster Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 28, 2018
Sold by
Gutierrez Paola
Bought by
Huarcaya Elias Fernando Trujillo
Seller's Agent
Kevin Crego
Compass Florida, LLC
Buyer's Agent
Geraldine Berrospi
London Foster Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 11, 2018
Closed on
Sep 27, 2018
Sold by
Almicla Company Llc
Bought by
Parra Alexander Navarro
Seller's Agent
Kevin Crego
Compass Florida, LLC
Buyer's Agent
Geraldine Berrospi
London Foster Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jul 31, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gutierrez Paola
Seller's Agent
Jennifer Nogues
Premier Choice Intl Realty LLC
Buyer's Agent
Carlos Hernandez
Douglas Elliman
List Price
$219,900
Sold Price
$198,000
Premium/Discount to List
-$21,900
-9.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$188,100
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 18, 2015
Sold by
Read Thierry A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 28, 2015
Sold by
Read Thierry A
Bought by
Ferreira Paulo

Purchase Details

Closed on
May 23, 2005
Sold by
Plummer Thomas J
Bought by
Read Thierry A and Read Aubert Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 2000
Sold by
Farnan Ann M and Crow Stephen C
Bought by
Plummer Thomas J

Purchase Details

Closed on
Mar 20, 1998
Sold by
Bahamonde Jose A
Bought by
Farnan Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1997
Sold by
Wohlgemuth Jorge and Wohlgemuth Pedro
Bought by
Bahamonde Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
7.75%
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 Type Sale Price Title Company
Warranty Deed $390,000 None Listed On Document
Warranty Deed $390,000 None Listed On Document
Warranty Deed $340,000 Attorney
Warranty Deed $260,000 Attorney
Quit Claim Deed -- None Available
Special Warranty Deed $198,000 Attorney
Special Warranty Deed -- Attorney
Trustee Deed $147,900 None Available
Trustee Deed $26,200 None Available
Warranty Deed $240,000 --
Warranty Deed $113,500 --
Warranty Deed $77,000 --
Warranty Deed -- --
Personal Reps Deed $51,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $234,000 New Conventional
Previous Owner $188,100 New Conventional
Previous Owner $140,000 Fannie Mae Freddie Mac
Previous Owner $98,000 New Conventional
Previous Owner $69,300 New Conventional
Previous Owner $51,600 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2025 02/03/25 Sold $390,000 -5.7% $510 / Sq Ft
10/16/2024 10/16/24 For Sale $413,500 0.0% $541 / Sq Ft
08/15/2023 08/15/23 Rented $2,625 0.0% --
08/11/2023 08/11/23 Under Contract -- -- --
07/10/2023 07/10/23 Price Changed $2,625 -2.8% $3 / Sq Ft
06/19/2023 06/19/23 Price Changed $2,700 -3.4% $4 / Sq Ft
05/29/2023 05/29/23 For Rent $2,795 0.0% --
09/26/2018 09/26/18 Sold $260,000 -1.9% $340 / Sq Ft View Prior Sale
08/23/2018 08/23/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $265,000 +33.8% $347 / Sq Ft
07/31/2015 07/31/15 Sold $198,000 -10.0% $259 / Sq Ft View Prior Sale
06/22/2015 06/22/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $219,900 -- $288 / 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 $6,036 $305,144 -- --
2024 $3,278 $321,204 -- --
2023 $3,278 $214,595 $0 $0
2022 $3,140 $208,345 $0 $0
2021 $3,115 $202,277 $0 $0
2020 $3,072 $199,485 $0 $0
2019 $2,989 $195,000 $0 $0
2018 $2,696 $184,438 $0 $0
2017 $2,663 $180,645 $0 $0
2016 $2,649 $176,930 $0 $0
2015 $1,581 $120,182 $0 $0
2014 $1,606 $119,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11680215

MIAMI REALTORS® MLS

APN: 02-3233-034-0330