+8 more
$345K
Lincoln Road Villas South Unit 2
1610 Michigan Ave, Unit 2 • Miami Beach, FL 33139
About This Unit
Beautifully renovated 1-bedroom in a classic Art Deco building just steps from Lincoln Rd. Bright, clean, and thoughtfully upgraded with a modern kitchen, updated bathroom, and great natural light throughout. Feels like a true home, not a typical flip. Perfect for someone looking to live in a well-done space in one of the best areas of South Beach.
Pricing at Lincoln Road Villas South — $566/sqft
Lincoln Road Villas South Unit 2 is listed at $566/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 Road Villas South.
Time on Market — 34 days
Lincoln Road Villas South Unit 2 has been on the market for 34 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $365,000. Reduced to $345,000 on Apr 21, 2026 (after 35 days on market) — -5.5% (−$20,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,873
HOA
$745
Property Tax
$340
Total / mo
$2,959
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.18%.
HOA $1.22/sqft · All-in $4.85/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at Lincoln Road Villas South.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
Recent Comparable Sales
Active 1BR Comps at Lincoln Road Villas South
UnitListSqft$/sqftDOM
#—
—
610
$566
34
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
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 1940 (86 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Jun 2023 for $210,000 — held 3 years. They’re now asking $345,000 — +64.3% (+$135,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
| Date | Price | Type |
|---|---|---|
| Jun 2023 | $210,000 | arm’s-length |
| Oct 1998 | $63,000 | arm’s-length |
Source: Miami-Dade Property Appraiser. This unit owns 0.0400911% of the building’s common elements. County living area: 610 sqft.
Building: Lincoln Road Villas South
Unit: 2
Year Built: 1940
Stories: 2
City: Miami Beach
Postal Code: 33139
HOA Fee: $745 / Monthly
View: Garden View, Other View
Waterfront: No
Private Pool: No
Heating: Central, None
Cooling: Electric, Zoned
Days on Market: 34
Listed: March 18, 2026
MLS #: A11984848
Location
Listing courtesy of: Real Brokers Miami
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11984848
• Updated Apr 21, 2026
