Lincoln Sub

1510 Jefferson Avenue, Miami Beach FL 33139

6,395 ft²

Closed

$1,599,999

Est. Payment $8,516/mo

MLS Sheet Video

6,395

Sq. Ft.

1947

Year Built

2

Stories

39

Days on Market

Description

WOW Great Renovated 8 Plex in South Beach located 1.5 blocks from Lincoln Rd and a walking distance to Ocean Drive and Beautiful South Beach Nightlife, shopping and Beaches. Currently used as apartment rentals, may want to consider converting to condos, Air B and B or other uses. The site was zoned RM-1, by the City of Miami Beach. The unit mix was four-one bedroom/one bathroom units, two-two bedroom/one bathroom units and two-two bedroom/two bathroom units. Currently at below appraised and assessed value, property was appraised by an independent certified appraiser in February 2020 @ $1.7 Million. 40 year certification done in February of 2018. WOW $246 per sq ft. WOW Great Renovated 8 Plex in South Beach located 1.5 blocks from Lincoln Rd and a walking distance to Ocean Drive and Beautiful South Beach Nightlife, shopping and Beaches. Currently used as apartment rentals, may want to consider converting to condos, Air B and B or other uses. The site was zoned RM-1, by the City of Miami Beach. The unit mix was four-one bedroom/one bathroom units, two-two bedroom/one bathroom units and two-two bedroom/two bathroom units. Currently at below appraised and assessed value, property was appraised by an independent certified appraiser in February 2020 @ $1.7 Million. 40 year certification done in February of 2018. WOW $246 per sq ft.

Facts

MLS#
F10224327
Subdivision
Lincoln Sub
Property Type
Residential Income
Property Sub Type
Quadruplex
Year Built
1947
Lot Size
0 sqft
Sq. Ft.
6,395 ft²
Sq. Mt.
594 m²
Price per sq. ft.
$250/ft²
Price per sq. mt.
$2,694/m²
Stories
2
Garage
Pool
Days on Market
39 days
Listed
Apr 2, 2020
Last Updated
May 19, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

42

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

5/19/2026Sold$1,599,999
4/2/2020Listed for sale$1,599,999

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Estimated Monthly Payment

$9,999/mo

Principal & Interest

$8,516

Property Tax

$1,333

Insurance

$150

HOA

$0

20% ($320,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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