1605 Lenox Ave # 3, Miami Beach FL 33139

The residence

About this property

Unique Miami Beach condo for sale just steps from Lincoln Road in the gated Lincoln Road Villas. SELLER CAN PAY CLOSING COSTS. This 720 sf, first-floor corner residence offers one bedroom plus den, two full bathrooms, two independent entrances, central A/C and exceptional layout flexibility. Recent improvements include new flooring and impact windows. The updated kitchen features granite countertops, stainless-steel appliances and gas cooking, while both bathrooms offer stone finishes and walk-in showers. The double-entry configuration and two existing bathrooms may allow the property to be reconfigured into a studio and a separate one-bedroom suite—ideal for multigenerational living, owner-and-guest privacy, a home office or a long-term rental strategy, subject to condominium, City of Miami Beach and permitting approval. The condominium reports approximately 15% reserves, and the building’s 40-year recertification has been completed. A rare South Beach real estate opportunity combining Art Deco character, a lush tropical courtyard, gated entry and direct ground-floor access. Offered at $290,000 for a cash purchase. A lease-option is also available at $4,000 per month for 24 months, with $96,000 credited toward the $320,000 option purchase price and a final balloon payment of $224,000. Buyer must independently verify all financial information, approvals, permits, reserves and lease-option terms. In the HOA fee are included insurance w/wind. reserves water sewer and internet.

At a glance

Property details

Property type

Condominium

Listing type

For sale

Status

Active

Bedrooms

1

Bathrooms

2

Living area

714 sq. ft.

Year built

1940

Lot size

0 sq. ft.

Subdivision

LINCOLN ROAD VILLAS CONDO

County

Miami-Dade County

Days on market

34

Original list price

$290,000

Listing date

August 10, 2026

Association fee

$900 monthly

Annual property tax

$4,529 (2025)

Listing agent

Fabrizio Passatore

Listing office

The Keyes Company

MLS number

A12068236