Homes/Florida/Miami Beach/1340 Lincoln Rd #705
CompCasa Property Analysis · Condominium

1340 Lincoln Rd #705

South Beach Seventh-Floor Condo with Renovated Interiors

Renovated 1BR + flexible office/Murphy room — Lincoln Road living

CompCasa valuation analysis
Estimated market value
$310,000
Low $297,600 · Midpoint $310,000 · High $322,400
Confidence65%Sales comparison approach
CompCasa estimate$310,000Current analysis
$297,600$310,000 midpoint$322,400
Price / sq ft$403

Derived from Redfin listing LD+JSON

About the property

South Beach Seventh-Floor Condo with Renovated Interiors

Perched on the quiet west side of Lincoln Road, Unit 705 is a 770-square-foot, renovated condominium that delivers South Beach convenience without the bustle. The floor plan was thoughtfully updated and freshly painted; large impact windows protect the interior while preserving the unit’s unobstructed view from the seventh floor. The result is a serene retreat set directly above one of Miami Beach’s liveliest corridors.

Inside, the residence offers a primary bedroom and 1.5 baths, plus a secondary flex room fitted with a Murphy bed — an ideal office-by-day and guest room-by-night solution that maximizes usable square footage. Practical upgrades throughout reflect a move-in ready condition: modern finishes, updated fixtures and resilient impact glazing that meets South Florida standards. The half bath improves daily function for residents and guests, while the full bath serves the primary bedroom and living area with ease.

Beyond the four walls, living at 1340 Lincoln Road means groceries, cafés and restaurants are effectively at your doorstep. Trader Joe’s, Whole Foods and Publix are an easy walk away, and Sunset Harbor’s boutiques and dining scene sit just moments from the building. One covered parking space is included, though many owners find the location makes car trips optional.

For investors or owner-occupants, the combination of low quarterly HOA fees and the neighborhood’s rental strength makes this condo especially compelling. The unit’s scale, flexible layout and prime Lincoln Road address create strong appeal to renters seeking a turnkey South Beach experience. Whether you’re downsizing, buying your first Miami Beach home, or adding a reliably rented unit to your portfolio, this condo offers practical upgrades and a lifestyle that’s uniquely South Beach.

Location & nearby

Miami Beach, FL

Researched nearby locations

1 covered parking space included
In the heart of South Beach lifestyle and amenities

Location

1340 Lincoln Rd #705, Miami Beach, FL, 33139

View in Google Maps
Editorial neighborhood context

South Beach’s Lincoln Road neighborhood blends pedestrian retail, cafés and everyday conveniences with a lively dining scene. Residents enjoy immediate access to grocery options like Trader Joe’s, Whole Foods and Publix, plus an array of restaurants, galleries and boutique shops in Sunset Harbor. Weekends are defined by strolls along Lincoln Road Mall, alfresco dining and quick trips to nearby waterfront promenades. The area’s compact blocks and abundant amenities make it a favorite for those who want urban Miami Beach living without relying on a car.

Nearby access summary

Excellent access to urban recreation: Lincoln Road pedestrian mall, Sunset Harbor dining, nearby waterfront promenades and bike-friendly routes for daily walks and outings.

Market context

A factual market snapshot around 1340 Lincoln Rd #705.

Editorial market perspective

This listing is well-priced relative to the property’s valuation midpoint of $310,000 and a calculated price-per-square-foot near $403 — figures that align with the broker list price. In the South Beach corridor surrounding Lincoln Road, demand remains concentrated on compact, move-in-ready condos that offer turnkey living and short-term rental potential. That demand, coupled with chronically constrained supply of small units in prime walkable locations, typically tilts the micro-market in favor of sellers for this product type. Investors also find this submarket attractive because of steady rental demand and comparatively low HOA assessments (here billed quarterly), which can improve cashflow dynamics. Buyers should view this moment as a practical entry point: the unit’s renovations and impact windows reduce near-term capital needs, and the central Lincoln Road address preserves long-term desirability. Prospective purchasers should consult current MLS metrics for days-on-market and active inventory snapshots to time offers, but the structural drivers — walkability, retail adjacency and strong rental fundamentals — support sustained interest in similarly sized South Beach condos.

Highlights & features

What stands out about this property.

Interior Features

  • Renovated interiors and freshly painted
  • 1 bedroom + flex room with built-in Murphy bed
  • 1 full bathroom and 1 half bathroom
  • Impact windows
  • 770 square feet of living space
  • Flexible layout for live/work use

Exterior & Lot

  • Seventh-floor unobstructed view
  • 1 covered parking space included
  • Building located on west side of Lincoln Road
  • Low HOA fees billed quarterly

Location & Neighborhood

  • Walking distance to Lincoln Road shops and dining
  • Short walk to Trader Joe's, Whole Foods and Publix
  • Steps from Sunset Harbor restaurants and boutiques
  • In the heart of South Beach lifestyle and amenities

Walkability & Recreation

  • Walkability Rating: 95/100 — Very Walkable
  • Easy access to Lincoln Road pedestrian corridor
  • Nearby waterfront promenades and Sunset Harbor dining
  • Close to bike routes and local recreation options
  • Community-oriented urban lifestyle with daily errands on foot