HomeCondos for SaleLincoln Place CondoUnit 8
1551 Michigan Ave, Unit 8
$275K

Lincoln Place Condo Unit 8

1551 Michigan Ave, Unit 8 • Miami Beach, FL 33139

at Lincoln Place Condo

Beds
1
Baths
1
Living Area
500 SF
Price / SF
$550
HOA / Monthly
$470
Days on Market
29

About This Unit

Charming, renovated & tastefully furnished corner 1 bed/1 bath apartment in the heart of the Art Deco district. Great location only one block from Lincoln Road. Features elegant furniture , fully equipped kitchen . No elevator or parking. A pleasure to show

Pricing at Lincoln Place Condo — $550/sqft
Lincoln Place Condo Unit 8 is listed at $550/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Lincoln Place Condo.
Time on Market — 29 days
Lincoln Place Condo Unit 8 has been on the market for 29 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $289,999. Reduced to $275,000 on Oct 6, 2025 (after 30 days on market) — -5.2% (−$14,999).
Estimated Monthly Cost
Mortgage (P&I)
$1,493
HOA
$470
Property Tax
$264
Total / mo
$2,227
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.15%. HOA $0.94/sqft · All-in $4.45/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1954 (72 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 8
Year Built: 1954
Stories: 2
City: Miami Beach
Postal Code: 33139
HOA Fee: $470 / Monthly
View: Garden View
Waterfront: No
Private Pool: No
Heating: Other
Cooling: Electric
Days on Market: 29
Listed: September 7, 2025
MLS #: A11873933

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Royal Realtors Group
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11873933 • Updated Oct 6, 2025 • Photos uploaded 233 days ago — check listing for current condition.