Apartments Lincoln Road Villas Condo

$ 290,000
  • 1 bed
  • 2 bath
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Details
    • Listed on:
      August 10, 2026
    • Days on Market:
      -
    • Maintenance:
      n/a
    • Taxes:
      $ 4,529 per year
    • Year:
      1940
    • Furniture:
      -
    • Floor Description:
      Wood
    • Terms Considered:
      Cash, Conventional
    • View from Apartment:
      Garden View
    • Parking:
      -
  • Interior Features:
    • First Floor Entry
    • Den/Library/Office
  • Legal Description:
    200 east palmetto park condo unit ph -1
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.
Map view