Lincoln Terrace, Residential Incomes – 1451 Lincoln Terrace, Miami Beach, FL 33139, USA -001-11-30T00:00:00-05:00
RENOVATED four unit apartment building with RM-2 ZONING steps from the bay and bay walk. Per surveys consists of 3,972 sq.ft (2) 2/2’s and (2) 2/1 units. Fully renovated in 2001 including electric, plumbing, roof, central a / c, washer / dryer, security syst

1451 Lincoln Terrace, Miami Beach, FL 33139, USA

$1,900,000 USD
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Address1451 LINCOLN TER, Miami Beach
Building NameLincoln Terrace
Type of PropertyFourplex
Property StyleFourplex
Price$1,900,000
Previous Price$1,750,000 (21 days ago)
Property StatusActive-Available
MLS NumberA10154468
Bedrooms Number8
Full Bathrooms Number6
Living Area3972
Lot Size5,000
Year Built1950
Parking Space Number0
Folio Number02-32-33-008-0040
Gross Rent Income$102,000
Zoning InformationRM-2
Days on Market388

Detailed Description: RENOVATED four unit apartment building with RM-2 ZONING steps from the bay and bay walk. Per surveys consists of 3,972 sq.ft (2) 2/2’s and (2) 2/1 units. Fully renovated in 2001 including electric, plumbing, roof, central a / c, washer / dryer, security system, bathrooms and kitchens with granite counter tops. BONUS OPPORTUNITY with adjacent property at 1471 Lincoln Ter. ALSO FOR SALE and when assemble together per zoning allows for the redevelopment of a new 6 story residential building with a FAR of 2: 1.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1451 LINCOLN TER
Section33
Subdivision Number8
Zip Code (4 Digits)2116
Google Location Info1451 Lincoln Terrace, Miami Beach, FL 33139, USA
Financial Information
Price$1,900,000
Price per Foot$478
Previous Price$1,750,000
Folio Number02-32-33-008-0040
Gross Rent Income$102,000
Tax Amount$15,176
Tax Year2015
Dade SOH Assessed Value$765,986
Possession InformationFunding
Short SaleNo
REO (Foreclosure )No
Full Descriptions
Detailed DescriptionRENOVATED four unit apartment building with RM-2 ZONING steps from the bay and bay walk. Per surveys consists of 3,972 sq.ft (2) 2/2’s and (2) 2/1 units. Fully renovated in 2001 including electric, plumbing, roof, central a / c, washer / dryer, security system, bathrooms and kitchens with granite counter tops. BONUS OPPORTUNITY with adjacent property at 1471 Lincoln Ter. ALSO FOR SALE and when assemble together per zoning allows for the redevelopment of a new 6 story residential building with a FAR of 2: 1.
Year Built DescriptionResale
How to ReachWest of Bay Road, one street south of Lincoln Road.
Roof DescriptionCurved / S-Tile Roof
Floor DescriptionWood Floors
Exterior FeaturesBalconies, Exterior Cat Walk, Fence, Open Balcony, Open Porch
Cooling DescriptionCentral Cooling, Electric Cooling
Heating DescriptionCentral Heat, Electric Heat
Water DescriptionMunicipal Water
Sewer DescriptionMunicipal Sewer
Occupancy InformationTenant Occupied
RemarksRenovated 4 unit apartment building with RM-2 zoning and redevelopment opportunity for new six story residential building.
Property parameters
Bedrooms Number8
Full Baths Number6
Living Area3972
Lot Size5,000
Zoning InformationRM-2
Year Built1950
Type of PropertyFourplex
Type of AssociationNone
StyleFourplex
Building NameLincoln Terrace
Construction TypeCbs Construction,Stucco Exterior Construction
Stories Number2.000
Parking Space Number0
Listed withColdwell Banker Residential RE
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