Live in the heart of South Beach in this pleasing unit with bay views. This is a Fannie Mae property. Purchase this property for as little as 3% down. This property is approved for Homepath Financing and Homepath Renovation Mortgage Financing.
CondoProperty Type
1970Year Built
$490Est. Price/Sq.Ft.
1 spaceParking
Listed by Michelle Gonzalez• Floridian First Rlty Group LLC
•305-582-4352 (agent)
•mgonzalez@flfirstrealty.com (agent)
•305-582-4352 (broker)
Bought with Carlos Hernandez• Keller Williams Miami Beach Realty
•305-695-1112 (broker)
•david@davidinmiami.com (broker)
Source:MARMLS #A1730708
Redfin Estimate
$380,980
$141K since sold in December 2018$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14.8% higher than the average sale price ($332K) of 6 comparable homes.
Live in the heart of South Beach in this pleasing unit with bay views. This is a Fannie Mae property. Purchase this property for as little as 3% down. This property is approved for Homepath Financing and Homepath Renovation Mortgage Financing.
Public Records
Apr 26, 2007
Sold
$285,000
$366/sq ft
MARMLS #M1122696
Apr 23, 2007
Sold
$276,000
$355/sq ft
Public Records
Feb 19, 2004
Sold
$185,000
$238/sq ft
Public Records
Aug 29, 2002
Sold
$125,000
$161/sq ft
Public Records
Nov 1, 1986
Sold
$31,000
$40/sq ft
Public Records
Jan 1, 1985
Sold
$30,500
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,486 (+3.2%)
2024
$3,379 (+3.1%)
2023
$3,278 (+4.4%)
2022
$3,140 (+0.8%)
2021
$3,115 (+1.4%)
2020
$3,072 (+2.8%)
2019
$2,989 (−14.6%)
$195,000
2018
$3,501 (+93.0%)
$186,176
2017
$1,814 (+0.7%)
$186,176
2016
$1,801 (−1.2%)
2015
$1,822 (−1.6%)
2014
$1,851 (−30.7%)
2013
$2,671 (+72.8%)
2012
$1,546 (+3.7%)
2011
$1,492
Tax history for 1658 Bay Rd #506
Year
Property tax
Land + Additions
Assessment*
2025
$3,486 (+3.2%)
2024
$3,379 (+3.1%)
2023
$3,278 (+4.4%)
2022
$3,140 (+0.8%)
2021
$3,115 (+1.4%)
2020
$3,072 (+2.8%)
2019
$2,989 (−14.6%)
$195,000
2018
$3,501 (+93.0%)
$186,176
2017
$1,814 (+0.7%)
$186,176
2016
$1,801 (−1.2%)
2015
$1,822 (−1.6%)
2014
$1,851 (−30.7%)
2013
$2,671 (+72.8%)
2012
$1,546 (+3.7%)
2011
$1,492
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RM-2
Residential Multifamily, Medium Intensity District
The RM-2 residential multifamily, medium intensity district is designed for medium intensity multiple-family residences.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Property details
Exterior
Property Information
Subdivision Name: LINCOLN PALACE CONDO
Living Sq. Ft: 778
Adjusted Gross Sq. Ft: 778
Building Sq. Ft: 778
# of Units: 1
# of Stories: 1
Legal Description: LINCOLN PALACE CONDO UNIT 506 FIFTH FLOOR UNDIV 1/42 SHARE IN COMMON ELEMENTS CLERKS FILE 70R-105955 OR 20623-0038 0802 1 COC 25568-4170 03 2007 1
Lot Information
# of Buildings: 1
Legal Lot Number: 506
Municipality Name: MIAMI BEACH
Zoning Code: 4900
County Use Description: RES - TOT VAL : CONDO - RES
State Use Description: CONDOMINIUM
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 778
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1970
Year Renovated: 1970
County: Miami-Dade County
APN: 0232330340240
Home facts updated by county records on Sep 19, 2026