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Commercial Real Estate

Basics

Description

  • Description:

    605 Lincoln Road is a boutique office building located in the heart of South Florida’s premier outdoor shopping,
    dining, and entertainment destination. The 5th-floor office condo being offered for sale features the following: •
    10,033 SF full floor with high ceilings and abundant natural light • 18 private offices including 2 executive suites •
    Projected Pro-Forma Cap Rate 9%+ • The elevator opens directly into the private reception area • A flexible
    single-tenant floor plan that can be easily converted for multi-tenant use •Directly down the block from the
    approved convention center hotel with approved plans for 800-rooms. • Parking spaces available
    from the City of Miami Beach in the adjacent parking garage

    Show all description

Property details

  • Total Building Area: 10033
  • Lot Size Square Feet: 0
  • Parcel Number: 02-32-34-168-0260
  • Possession: Closing & Funding
  • Lot Size Area: 0
  • Structure Type: Office

Property Features

  • Covered Spaces: 0
  • Sewer: Public Sewer
  • Waterfront Y/N: 0
  • Water Source: Public
  • Stories: 8

Rooms & Units Description

  • Unit Number: 500

Location Details

  • County Or Parish: Miami-Dade County
  • Zoning Description: 6600

Fees & Taxes

  • Tax Annual Amount: 63007
  • Tax Year: 2023
  • Tax Legal Description: 605 LINCOLN ROAD OFFICE CONDO UNIT 500 UNDIV 1.05% INT IN COMMON ELEMENTS OFF REC 23213-0721 COC 23261-4613 04 2005 2
  • Association Fee: 7957
  • Association Fee Frequency: Monthly

Miscellaneous

  • Public Survey Township: 2
  • Public Survey Section: 34
  • Syndication Remarks: The 5th-floor office condo being offered for sale features 10,033 SF full floor with high ceilings and abundant natural light.
  • Year Built Details: Resale

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This -type commercial real estate is located in Lincoln Rd, Miami Beach, was built in 1932, and is listed at $4,950,000.

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