Own South Beach

Lincoln Palace

1658 Bay Rd · Built 1970 · 7 floors · 42 residences

2 for sale
For sale
2
0 pending · 24.0 mo supply
Median asking
$431K
from $327K
Median $/sqft
$526/sqft
$484/sqft sold, 12 mo
Days on market
212
66 to sell · 1 in 12 mo

1 of 2 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Located in a desirable and secluded neighborhood, Lincoln Palace is situated just steps from Sunset Harbour, Lincoln Road, and the Venetian Causeway. The building is described as a quiet, well-maintained boutique building with full reserves.

Situated in the epicenter of a walkable area, the building offers proximity to world-class dining, marinas, and the energy of South Beach. The property is positioned to provide views of the Miami Beach skyline.

Live near more of Miami

What surrounds Lincoln Palace: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
54
/ 100
B
own.miami Score

A data-grounded score for Lincoln Palace from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value57
$526/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity14
24.0 months of supply · 212 days on market
Health98
Watch: Rental restrictions
Waterfront55
Not waterfront
Age18
Built 1970 — vs. South Beach buildings
own.miami Condo Index
88At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#432 of 698 tracked Miami condos
Top 62% by price per sq ft
#101 of 121 in South Beach
Momentum
→ Steady
$526/sqft median ask
Liquidity
Slow
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Lincoln Palace; bars are closings per month.

$339$442$545Jan 2024Feb 2025Mar 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
1658 Bay Rd
Year built
1970
Floors
7
Residences
42
Developer
Interstate General Builders Corp
Waterfront
No

Amenities

  • · Private balcony

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Elevated

Public records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 1970 — past its first structural milestone; next inspection around 2035

Estimated from Lincoln Palace’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Lincoln Palace: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

29Mostly cash
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1

Low confidence — few loans · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
2.1 ft
Lowest nearby street
1.4 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 0.4 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Lincoln Palace cost?+

There are 2 condos for sale at Lincoln Palace, from $326,800, with a median asking price of $430,900 ($526/sqft).

How much are the HOA fees at Lincoln Palace?+

HOA / maintenance fees at Lincoln Palace run around $609 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

When was Lincoln Palace built?+

Lincoln Palace was built in 1970, 7 stories, 42 residences.

Who developed Lincoln Palace?+

Lincoln Palace was developed by Interstate General Builders Corp.

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