605 Lincoln Rd
The building on record
Recorded sales inside this building
Transactions recorded against units in this building since 2021. Where one transaction covered several units it is shown as a single row with the combined area.
| Unit | Size | Sold | Price | Per SF |
|---|---|---|---|---|
500, 510, 520, 530, 540, 550, 560 | 7,787 | 2024 | $3,425,000 | $440 |
420, 430 | 2,954 | 2023 | $2,500,000 | $846 |
Unit 215 | 985 | 2022 | $500,000 | $508 |
Unit 250 | 985 | 2022 | $435,000 | $442 |
Unit 460 | 764 | 2022 | $412,500 | $540 |
Unit 200 | 680 | 2022 | $300,000 | $441 |
Reading the building
Across the 6 recorded transactions since 2021, units in this building traded at a median of $475/SF, ranging from $440/SF to $846/SF.
The county assesses the building at $346/SF across all units. Recorded unit sales came in 37% above that figure — an arithmetic comparison of a tax number against transaction prices, not a statement about what any unit would sell for.
6 of the 15 units on record have a sale since 2021 — roughly 40% of the building. Turnover is what tells you whether an owner here has recent evidence to price against.
Units run from 272 to 8,453 SF, with a median of 985 SF. A wide spread inside one building means the tenant profile is not uniform, and neither is what each unit is worth per foot.
Recorded activity spans 2022 to 2024, with the most recent transaction in 2024.
Ownership is split across 7 separate owners of record, so this is a multi-owner building rather than a single-landlord asset.
What this means for any one unit depends on what no public record contains — its lease, its condition, its floor and its outlook.
Important Disclosures
Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.
Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.
Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.
Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio miami-beach-33139-605-lincoln-rd." We will remove the page within 24 hours of receipt, no questions asked.
About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.