1605 Lenox Ave Unit #1605-3, Miami Beach, FL 33139

$290,000
1
BD
2
BA
714
SqFt

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List Price
$290,000
MLS#
A12068236
Bedrooms
1
Bathrooms
2
Sq. Ft
714
Subtype
Condominium
County
Miami-Dade
Community
Lincoln Road Villas Condo
Subdivision
Lincoln Road Villas Condo
Year Built
1940

Property Description

Unique Miami Beach condo for sale just steps from Lincoln Road in the gated Lincoln Road Villas. This approximately 720-square-foot, first-floor corner residence offers one bedroom plus den, two full bathrooms, two independent entrances, central A/C and exceptional layout flexibility. Recent improvements include new flooring and impact windows. The updated kitchen features granite countertops, stainless-steel appliances and gas cooking, while both bathrooms offer stone finishes and walk-in showers. The double-entry configuration and two existing bathrooms may allow the property to be reconfigured into a studio and a separate one-bedroom suite—ideal for multigenerational living, owner-and-guest privacy, a home office or a long-term rental strategy, subject to condominium, City of Miami Beach and permitting approval. The condominium reports approximately 15% reserves, and the building’s 40-year recertification has been completed. A rare South Beach real estate opportunity combining Art Deco character, a lush tropical courtyard, gated entry and direct ground-floor access. Offered at $290,000 for a cash purchase. A lease-option is also available at $4,000 per month for 24 months, with $96,000 credited toward the $320,000 option purchase price and a final balloon payment of $224,000. Buyer must independently verify all financial information, approvals, permits, reserves and lease-option terms. In the HOA fee are included insurance w/wind. reserves water sewer and internet.

Additional Information

Hoa
Yes
Hoa Amount
900
Status Label
ACTIVE
Unit Floor Number
1
Construction
CBS Construction
Cooling
Central Air
Equipment
Dishwasher
Flooring
Wood
Heating
Central
Parking
None, Other
Bedroom Description
At Least 1 Bedroom Ground Level
Security
Complex Fenced, Fire Alarm
Taxes
$4,529
View
Garden View
Unit Number
1605-3
Total Floors
2
Stories
2
Price Per Sqft
$406

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Listing Courtesy Of The Keyes Company, Contact: 305-898-7224