Experience the best of South Beach living in a highly desirable area in this meticulously renovated corner unit. No detail was overlooked. Complete gut renovation. Enjoy peace of mind with a brand-new AC system w/ ductwork, upgraded electric panel, new water heater. The kitchen features premium Quartzite countertop, Bosch appliances, premium marble bathroom w/ custom cabinetry, Kohler sink designed by Daniel Arsham. Porcelain tile flooring flows seamlessly throughout, while custom doors, Legrand outlets, LG washer and dryer add comfort and style. It is a quiet, well-maintained boutique building with full reserves and low HOA fees. Located just steps from Sunset Harbour, Lincoln Road, and the Venetian Causeway, you’re at the epicenter of South Beach’s most vibrant and walkable neighborhood.
West Avenue, located between Biscayne Bay and Alton Road, is a residential and waterfront Miami Beach neighborhood with bayfront parks and mid-rise condo streetscapes. The neighborhood’s character concentrates around the West Avenue corridor near Lincoln Road, where sidewalk cafes, small studios, and local eateries set a steady, lived-in rhythm. Purdy Lounge and the Miami Beach Botanical Garden serve as recognizable cultural pillars nearby, with The Bass adding a museum-grade counterpoint. Architecture leans modernist and postwar mid-century, with newer glass towers facing the water. Baywalk segments and pocket parks frame daily routines with open-sky views. Sunset Harbour’s marina edge and dining rooms sit just south, shaping the area’s after-hours energy.
Provided by Walk Score and Local Logic
Market insights
1658 Bay Rd #504 · $535,000
DAYS ON MARKET
522 days
The average home goes pending in 112 days.
SALE-TO-LIST
94.0%
Most homes are selling 6% below list price.
LIST PRICE
$535,000
Median list price in this area is $423,894. (21% lower than this home)
PRICE DROP
1 price drop
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Elevator
First-floor entry
Bedroom on main level
Bedrooms
Bedroom located on the main level
Bathrooms
1 full bathroom
1 half bathroom
Kitchen
Electric range
Microwave
Dishwasher
Refrigerator
Laundry & utility
Washer and dryer included
Laundry in common area
Flooring
Ceramic tile
Heating & cooling
Central heating
Central air conditioning
Exterior features
Balcony (open)
Has a view
Home design
Attached property
7-story building
Entry on level 5
Parking
Assigned deeded parking (1 space)
1 covered space
1-car garage
Security
Key card entry
Construction
Block construction
Utilities
Water provided
Sewer provided
HOA & community
Monthly association fee of $550
Association covers amenities, common areas, hot water, insurance, laundry, structural maintenance, parking, pool(s), reserve fund, sewer, trash and water
Association amenities include bike storage, laundry and elevators
Financial info
Pets allowed with possible restrictions (conditional)
Other
Annual tax information available
Electricity and solar
View estimated energy costs and solar savings for this home
Most sought after location in South Beach - steps away from Sunset Harbor, Lincoln road, and Venetian causeway. Lincoln Palace is a quiet well maintained building with full reserves. 40-year certification is currently in progress, assessment was fully paid by seller. Low HOA. Corner unit on the fifth floor with beautiful bay and sunset views, and lots of natural light. Great functional floor plan, brand-new electric panel and water heater. Lots of closet space, a storage unit and an assigned parking space. Ready to be reimagined by the new owner. Great investment or flip opportunity.
Public Records
Jul 13, 1993
Sold
$59,000
$69/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$6,200 (−0.2%)
$330,508
2024
$6,211 (+541.5%)
$330,508
2023
$968 (+6.4%)
2022
$910 (+2.2%)
2021
$891 (+2.1%)
2020
$873 (+4.3%)
2019
$836 (+7.6%)
2018
$777 (+2.4%)
2017
$759 (+1.7%)
2016
$746 (−1.1%)
2015
$754 (−1.4%)
2014
$765 (+3.0%)
2013
$742 (+3.1%)
2012
$720 (+2.4%)
2011
$703
Public record
Public record
Zoning
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1970
Finished Sq. Ft.
858
Unfinished Sq. Ft.
—
Total Sq. Ft.
858
Year built
1970
Style
Condo/Co-op
County
Miami-Dade County
APN
0232330340220
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 2, 2026.
RM-2
Residential Multifamily, Medium Intensity District
The RM-2 residential multifamily, medium intensity district is designed for medium intensity multiple-family residences.