$3,425,000
$3,800,000
9.9%For more information regarding the value of a property, please contact us for a free consultation.
10,033 SqFt
SOLD DATE : 10/31/2024
Key Details
Sold Price $3,425,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 10,033 sqft
Price per Sqft $341
MLS Listing ID A11589035
Sold Date 10/31/24
Construction Status Resale
HOA Fees $7,957/mo
HOA Y/N Yes
Year Built 1932
Annual Tax Amount $63,007
Contingent No Contingencies
Property Description
605 Lincoln Road is a boutique office building located in the heart of South Florida’s premier outdoor shopping,
dining, and entertainment destination. The 5th-floor office condo being offered for sale features the following: •
10,033 SF full floor with high ceilings and abundant natural light • 18 private offices including 2 executive suites •
Projected Pro-Forma Cap Rate 9%+ • The elevator opens directly into the private reception area • A flexible
single-tenant floor plan that can be easily converted for multi-tenant use •Directly down the block from the
approved convention center hotel with approved plans for 800-rooms. • Parking spaces available from the City of
Miami Beach in the adjacent parking garage
Location
State FL
County Miami-dade
Area 32
Building
Story 8
Sewer Public Sewer
Water Public
Construction Status Resale
Others
Tax ID 02-32-34-168-0260
Financing Cash
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Bought with Compass Florida, LLC.
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