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$540,000

Beds
1
Baths
1.5
sq ft
865

100 Lincoln Rd Unit 308, Miami Beach, FL 33139

100 Lincoln Rd Unit 308

Miami Beach, FL 33139

  • 164 days on market
    • Price drop $60,000↓
A MUST SEE, OCEAN FRONT BUILDING IN THE HEART OF SOUTH BEACH, RIGHT WHERE LINCOLN ROAD MEETS THE OCEAN, JUST STEPS TO THE POOL AND THE BEACH. ENJOY PEOPLE WATCHING FROM THE LARGE BALCONY WITH VIEWS TO LINCOLN ROAD AND THE BOARDWALK. THE UNIT HAS CERAMIC TILE FLOORS THROUGHOUT AND GRANITE COUNTER TOPS IN THE KITCHEN AND BATHROOMS. IT FEATURES A LARGE LIVING ROOM AND A LARGE BEDROOM WITH 2 WALKING CLOSETS AND A ONE FULL BATH PLUS HALF BATH. THE UNIT IS FURNISHED AND MOVE-IN READY. IT ALSO COMES WITH AN EXTRA STORAGE ROOM, WHICH IS GREAT FOR LUGGAGE STORING, AND WITH A FREE VALET PARKING SPACE IN THE GARAGE. MAKE THIS YOUR PERFECT BEACH HIDEAWAY OR IF YOU ARE JUST LOOKING TO INVEST, IT CAN BE RENTED 12 TIMES A YEAR.

Details

Property type

Condominium

Est. home value

$527,900

Lot size

Unknown

Price per sq ft

$625

Year built

1965

Annual property taxes

$6,653

Monthly HOA fee

$916

Price History

04/15/2024
SEF

SEF #A11518655

Price change
$540,000
-10%
01/25/2024
SEF

SEF #A11518655

Listed
$600,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Popular Bank

Loan start date

November 2023

Original loan amount

$316,000

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Credit Line (Revolving), 30 year

Seller

Olga Maria Bacallao and Olgas Trust

Lender

Popular Bank

Loan start date

November 2023

Original loan amount

$316,000

Est. remaining balance

Not provided

Interest rate

7.57%

Loan type

Credit Line (Revolving), 30 year

Seller

Olga Maria Bacallao and Olgas Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/07/2024 at 7:55 PM

Listing updated: 04/24/2024 at 4:04 PM

Listed by: Mariana Conceicao, One Sotheby's International Realty Phone #: (305) 666-0562

MLS: SEF #A11518655

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