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Condominium
$305,900$397 / sqft
1340 Lincoln Rd # 705, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
770 sqft
Interior
1969
Year built
$728 / mo
HOA
Condominium
Type
About this home
Investors : note Management Office confirmed it can be rented right away. Spacious nicely painted & renovated 1bed/1.5bath Condo with IMPACT WINDOWS and unobstructed view. Amazing renovated Kitchen, bathroom and half bathroom ! A SECOND ROOM with its MURPHY BED can be also your office. Tons of storage space in the closets. 1 COVERED PARKING SPACE but with no need to take the car as the building is located in the heart of South Beach. This Condo perfectly situated on the quiet west side of Lincoln Road within walking distance to everything Miami Beach has to offer: Trader Joe's, Whole Foods, Publix and a few short steps to trendy restaurants and boutiques of Sunset Harbor. Low HOA fees billed quarterly and high rents in this area make it a perfect investment opportunity as well. This area is Miami Beach's best kept secret ! Adjustment made, it is now priced to sell !!
Features
- Closet Cabinetry
- Other
- Pantry
- Split Bedroom
- Open Balcony
- Other View
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,350–$4,500.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.