$290,000list price
Price cut$10,000
Studio · 1 ba · 390 sq ft Condo or villa
5445 COLLINS AVE #1406, MIAMI BEACH, FL 33140
Listing courtesy of Serhant. MLS# A12115996.On the MLS · Listed Oct 29
$290,000
1605 LENOX AVE #16053, MIAMI BEACH, FL 33139
1 bed2 baths714 sq ftCondo or villaBuilt 1940
Updated today, November 3, 2026This home against Miami Beach
$406 per sq ft, 42% under the Miami Beach median
87 days on the market
$4,529 in property taxes (2025)
Miami Beach today: 1,853 homes for sale, median list price $659,000.
About this home
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.
Zoned schools
Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of The Keyes Company. MLS# A12068236.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed August 8, 2026.
Similar homes near MIAMI BEACH
5 photos$290,000list price
Price cut$15,000
2 bd · 2 ba · 1,038 sq ft Condo or villa
8001 N CRESPI BLVD #2C, MIAMI BEACH, FL 33141
Listing courtesy of Upper Room Investments Group. MLS# B26072533.On the MLS · Listed Sep 3
$290,000list price
Price cut$25,000
2 bd · 2 ba · 1,092 sq ft Condo or villa
1990 MARSEILLE DR #206, MIAMI BEACH, FL 33141
Listing courtesy of Trexy International Realty, Inc. MLS# A12074964.On the MLS · Listed Aug 18
$290,000list price
Price cut$15,000
1 bd · 1 ba · 450 sq ft Condo or villa
1215 W AVE #203, MIAMI BEACH, FL 33139
Listing courtesy of Compass Florida, LLC. MLS# A11763361.On the MLS · Listed Mar 17
$289,900list price
Price cut$10,000
1 bd · 2 ba · 1,010 sq ft Condo or villa
7135 COLLINS AVE #1221, MIAMI BEACH, FL 33141
Listing courtesy of IRG Corporation. MLS# A12106109.On the MLS · Listed Oct 11
$289,000list price
Per sq ft$455
2 bd · 1 ba · 635 sq ft Condo or villa
811 JEFFERSON AVE #201, MIAMI BEACH, FL 33139
Listing courtesy of Compass Florida, LLC. MLS# A12109249.On the MLS · Listed Oct 19