Lincoln Road Inn & Townhouses

Miami Beach, Florida

Asking Price: USD $8,250,000
Guest Rooms: 14    14

Property Overview

The Lincoln Road Villa and Townhouses are an astonishing new offering in the heart of the South Beach City Center. It is comprised of a 3,300 square foot Bed & Breakfast Mediterranean Villa, with 6 Bedrooms and 6.5 Baths, and four Townhouses of 1,037 square feet each. The entire property is characterized by high end finishes, curated artwork, and extraordinary attention to detail. Each room, view, and amenity has been carefully crafted to provide guests with the ultimate stay in South Beach.

The Villa can be rented per room as a classic Bed & Breakfast or as a private residence depending on market conditions and seasonal demand. The Townhouses are exquisitely renovated to provide guests with everything they need for the perfect stay- top of the line appliances, washer/dryers in each unit, private balconies, exquisite finishes, extensive glazing, and fine craftsmanship throughout.

The Lincoln Road Villa is a legal short-term rental asset on the same block as world-famous Lincoln Road Mall. It is also just a short stroll to the Beach, Ocean Drive, Flamingo Park, Espanola Way, the newly renovated Convention Center, as well as the best in fine dining, shopping, museums, and people watching- a favorite pastime due to the splendor, warmth, and diversity that is South Beach. The Villa and Townhouses are ADA compliant, appropriately licensed for daily rentals, and are fully operational.

HIGHLIGHTS

- Extraordinary South Beach Location

- 110% Renovated

- All Rooms Meticulously Crafted

- Use AirBnB, Bookings.com, Expedia, etc,

- Finest New Asset for Sale in South Beach

- Villa features a plunge pool & parking space

- Seller Financing Options Available

Features:
  • Is Historic Historic
  • Has a Pool Pool
Lifestyle:
  • Near the Beach Beach
  • Includes a Restaurant Golf
Terms of Sale:

Cash, Owner Financing, Conventional Financing

Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Neal Deputy (Listing Agent)
  305-850-8424
The Keyes Company

MLS:

A11670245

Sq Ft:

8,003

Acres:

0

Year Built:

1924

Last Renovated:

2024

Years in Business:

1
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Financial Overview

Asking Price:

USD $8,250,000

Cap Rate:

7%

NOI:

USD $584,385

Annual Gross Revenue:

USD $775,195

Gross Revenue Multiplier:

0x

Revenue Per Room:

USD $0

Occupancy Rate:

84%

Average Daily Rate:

USD $357

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