1212 Lincoln RdMiami Beach, FL 33139

  • Retail space
  • 3,912 SF

Property Details for 1212 Lincoln Rd

Year built
2019
Property size (Sq ft)
3,912 SF
Zone code
6400:COMMERCIAL,CENTRAL
Property type
Retail space
APN
02-3234-248-0030
APU
232342480030

Description

This exceptional Class A retail property, located at 1212 Lincoln Road in Miami Beach, Florida, offers 59,000 square feet of prime retail space. The property boasts a total of 12 suites, with multiple tenancy options available. Currently, there are 38,198 square feet of vacant space ready for immediate occupancy, offering flexible lease terms for businesses seeking a prominent location. Units range from a minimum of 700 square feet to a maximum contiguous space of 9,000 square feet, catering to a variety of retail concepts. The property is conveniently situated in Miami-Dade County, with easy access for customers and employees. Ample parking is provided with 300 spaces available on-site. This vibrant location within a bustling shopping center presents a unique opportunity for businesses to thrive in a high-traffic area. The property's classification as Class A signifies its superior construction, amenities, and location. This is an ideal opportunity for businesses seeking a high-visibility location in the heart of Miami Beach's vibrant retail scene. The property is zoned for restaurant and shopping center uses. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional retail space. The property's address is 1212 Lincoln Road, Miami Beach, FL 33139.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,965,006
    6.5%
    $4,583,083
    7%
    $4,255,720
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,774,326
    Geo Method
    $3,774,326
  • Alternative Use

    Use
    Valuation
    Residential
    $3,866,002
    Hospitality
    $3,541,237
    Educational
    $2,946,268
    Medical
    $3,047,594
    Retail
    $4,583,083

Location Insight

City
Miami Beach
County
Miami-dade
State
Florida
Latitude
25.7903
Longitude
-80.1415
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,394
-
-
$1,290,905
-
-
-
$1,290,905

FAQs

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