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1551 Michigan Ave # 12, Miami Beach FL 33139

Condo/Co-op For Sale
$255,000

BTC: 3.92307692

ETH: 134.02430307

11 days
1 bds
1 ba
500 sqft

Overview

Enjoy the convenience of South Beach living from this well-designed 1-bedroom, 1-bath residence at Lincoln Place Condo. The second-floor unit features an open kitchen with breakfast bar, an open living and dining area, central A/C, in-unit washer and dryer, dishwasher. Located within a gated boutique building just steps from Lincoln Road, the residence offers convenient access to shopping, restaurants, Flamingo Park, entertainment, and the beach. A practical option for a primary residence, Miami Beach getaway, or investment property in one of South Beach’s most walkable locations.

Location

Details

Type:
Residential
Parking:
On Street
Year Built:
1954
Lot:
No Data
Heating:
Central
Price/sqft:
$510
Cooling:
Central Air
HOA:
$370

Valuation

Our model vs. what's actually selling nearby.
Estimate
$225,000
$164K – $310K
Confidence Low
List vs. estimate
$30K above estimate
List $255,000 · +13.3%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$510
-14.2% vs. city median $594
Based on
131 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $312K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,966
2025
HOA
$370/mo
View
None
All facts and features
  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Second Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: Exterior Cat Walk / None

    Other Property Information

    • Parcel Number: 02-32-34-129-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Green energy

    • HVAC

  • Other financial information

    • HOA: $370

    • HOA Frequency: Monthly

    • Annual tax amount: $3,966

  • Source details

    • MLS ID: A12053888

    Other facts

    • Construction Materials: Concrete Block Construction

    • Living Area: 500

    • Subdivision Name: LINCOLN PLACE CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty