1605 Lenox Ave, #1605-3, Miami Beach, FL 33139

$290,000
Active for Sale
1 Beds
2 Baths
714 SF
Built In 1940
 
Listing ID 11928991
Property Type Condo
County Miami-Dade
Unit 1605-3
FEMA Flood Map fema.gov/portal
Year Built 1940
Virtual Tour
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 buildings 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.
Property Details
  • 1 Total Bedrooms
  • 2 Full Baths
  • 714 SF (AG)
  • 714 SF (Total)
  • Built in 1940
  • 2 Stories
  • Unit 1605-3
Interior Features
  • Dishwasher
  • Central A/C
Exterior Features
  • Fence
  • Subdivision: Lincoln Road Villas Condo
Listed By
The Keyes Company
Mobile: 305-898-7224
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