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Active - Condominium for sale

1605 Lenox Ave # 3, Miami Beach FL 33139

1 bd|2 bth|714 sqft

Facts & features

Condominium Property type
96 days on Beycome
1940 Year built
$406 Price/Sqft.
$900/mo HOA

Why you’ll love it

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.

Translating description...

Listings courtesy of The Keyes Company.

Listed by: Fabrizio Passatore • 305-898-7224 • The Keyes Company

Co-listed by: The Keyes Company

Source: Miami MLS, MLS#: A12068236 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$190,000$390,000
1%20%
0%90%
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Estimated monthly payment

$2,744/mo

  • Mortgage$1,466
  • Property tax$377
  • HOA fee
  • Homeowners insurance
Due at closing$230,550
Down payment held in escrow$58,000
Closing costs$4,350
beycome credit Est.$5,800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Lincoln Road Villas Condo

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$290,000 Listed price

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$5,800 Credit back

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