About This Home
This 1-bedroom, 2-bathroom condo at 1605 Lenox Ave #1605-3 in Miami Beach, FL is listed for $290,000 ($406 per sqft). Built in 1940, the home offers 714 sqft of living space on a N/A lot.
Key Features
- Built in 1940
- 2 stories
Property Details
Amenities
Unique Miami Beach condo for sale just steps from Lincoln Road in the gated Lincoln Road Villas. SELLER CAN PAY CLOSING COSTS. This 720 sf, first-floor corner residence offers one bedroom plus den, two full bathrooms, two independent entrances, central A/C and exceptional layout flexibility.
Recent improvements include new flooring and impact windows. The updated kitchen features granite countertops, stainless-steel appliances and gas cooking, while both bathrooms offer stone finishes and walk-in showers. The double-entry configuration and two existing bathrooms may allow the property to be reconfigured into a studio and a separate one
-bedroom suite-ideal for multigenerational living, owner-and-guest privacy, a home office or a long-term rental strategy, subject to condominium, City of Miami Beach and permitting approval. The condominium reports approximately 15% reserves, and the building's 40-year recertification has been completed.
A rare South Beach real estate opportunity combining Art Deco character, a lush tropical courtyard, gated entry and direct ground-floor access. Offered at $290,000 for a cash purchase. A lease-option is also available at $4,000 per month for 24 months, with $96,000 credited toward the $320,000 option purchase price and a final balloon payment of $224,000.
Buyer must independently verify all financial information, approvals, permits, reserves and lease-option terms. In the HOA fee are included insurance w/wind. reserves water sewer and internet.
Monthly Cost Estimate
$2,451/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1605 Lenox Ave #1605-3
Miami Beach, FL 33139
LINCOLN ROAD VILLAS CONDO
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom condo at 1605 Lenox Ave is listed at $290,000 ($406/sqft). The estimated monthly payment is $2,451 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.
HOA fees are $900/month.
Key features include: Built in 1940, 2 stories. Interior Features: Bedroom on Main Level, First Floor Entry. Exterior Features: Fence, Security/High Impact Doors.
This property is listed by Fabrizio Passatore and can be reached at 3058987224.
