Condominium
1605 Lenox Ave # 3
1605 Lenox Ave # 3, Miami Beach FL 33139
$290,000
1 Bed · 2 Baths · 714 SqFt
See estimated monthly costThis listing is courtesy of The Keyes Company. Fabrizio Passatore 305-898-7224
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 714
- Full bathrooms
- 2
- First Floor Entry
- Den/Library/Office
Building & exterior
- Year built
- 1940
- Garden View
- None
- Other
HOA (homeowners association)
- Association fee
- $900 per month
- Pets allowed
- Yes
- Barbecue
- Bike Storage
- Corporate Buyer OK
- Ok To Lease
Taxes
- Annual tax
- $4,529
- Tax year
- 2025
- Parcel number
- 02-32-34-088-0120
Assigned schools
- Middle
- Nautilus
- High
- Miami Beach
Listing
- MLS number
- A12068236
- Property type
- Condominium
- Price per SqFt
- $406
- Subdivision
- LINCOLN ROAD VILLAS CONDO
- On market since
- Aug 10, 2026
- Days on market
- 34
Estimated monthly cost
$2,961 per month
- Principal & interest (30 yr)
- $1,466
- Property tax
- $377
- Insurance (estimated)
- $218
- Association fee
- $900
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Lincoln-Marti Community Agency 41
- Miami Beach Adult & Community Education Center
- Lubavitch Educational Center - Yeshiva Gedolah
- Miami Beach Fienberg/Fisher K-8 Center
- Miami Beach Senior High
- Rabbi Alexander S. Gross Hebrew Academy
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