Located in the heart of Miami Beach, this unit presents a compelling opportunity for investors looking to capitalize on one of the area's most walkable and in-demand locations. Currently leased, it offers immediate rental income while providing long-term upside in a location that continues to hold strong value. Just a short walk or bike ride to the beach, with top dining and shopping nearby, this 800 sq ft, 1-bedroom, 1-bath unit features great natural light and a private balcony, with future renovation potential to maximize its value.
Flamingo-Lummus, located between Biscayne Bay and the Atlantic Ocean, is a historic and walkable Miami Beach neighborhood with an Art Deco streetscape and a beach-forward rhythm. The neighborhood’s character concentrates along Ocean Drive at 10th Street, where sidewalk cafes, boutique hotels, and neon-lit facades set an always-in-motion promenade. Lummus Park frames the shoreline with palms, volleyball courts, and the Ocean Drive pedestrian path. Architectural gems line Collins Avenue and Washington Avenue, mixing pastel Deco hotels with mid-century apartment buildings. The Wolfsonian–FIU anchors the cultural calendar with design-focused exhibitions. Mac’s Club Deuce and Mango’s Tropical Cafe keep the nightlife soundtrack distinctly South Beach.
Unit on the top floor. Centrally located, walking distance to Lincoln rd, park and beach. Low maintenance fee. gated building with assigned parking.
Public Records
Apr 15, 2004
Sold
$170,000
$213/sq ft
Public Records
Aug 6, 1998
Sold
$72,000
$90/sq ft
Public Records
May 1, 1974
Sold
$24,000
$30/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,980 (+6.0%)
2024
$3,755 (+8.2%)
2023
$3,472 (+6.5%)
2022
$3,259 (+18.7%)
2021
$2,746 (−0.3%)
2020
$2,753 (−10.1%)
$142,200
2019
$3,062 (−9.9%)
$158,000
2018
$3,398 (−7.5%)
$180,729
2017
$3,675 (−5.3%)
$180,729
2016
$3,881 (+1.3%)
$210,150
2015
$3,830 (+15.0%)
2014
$3,331 (+12.6%)
2013
$2,958 (+9.3%)
2012
$2,707 (−28.9%)
2011
$3,806
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1974
Finished Sq. Ft.
800
Unfinished Sq. Ft.
—
Total Sq. Ft.
800
Year built
1974
Style
Condo/Co-op
County
Miami-Dade County
APN
0232340500230
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
CD-1
Commercial, Low Intensity District
The CD-1 commercial, low intensity district is a retail sales, personal services, shopping district, designed to provide service to surrounding residential neighborhoods.