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Condominium
$485,000$564 / sqft
1250 Lincoln Rd # 406, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
860 sqft
Interior
1985
Year built
$565 / mo
HOA
Condominium
Type
About this home
Beautifully updated light-filled 2 bed/2 bath apartment in one of the best areas of Miami Beach. This apartment is located on the west end of world famous Lincoln Road & is next to some of the best restaurants in South Beach with easy access to groceries with Publix, Whole Foods, Trader Joe's, & Fresh Market all less than 7 blocks away, green space & recreational activities at Maurice Gibb Park, Flamingo Park, & Canopy Park & shopping/dining along Lincoln Road Mall. The unit has a newer kitchen with granite counters & modern appliances, spacious bedrooms, & gorgeous marble tile throughout as well as a large balcony with beautiful views of the neighborhood. Well-maintained building and unit comes with gated assigned & covered parking space. Great for investors, property is tenant occupied.
Features
- Entrance Foyer
- East Of Us1
- Exterior Cat Walk
- Open Balcony
- Other View
- Skyline
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.