Furnished Studio with Ocean View for Sale in Decoplage, Miami Beach — Leased at $2,500/month
A furnished studio with a balcony is offered for sale in the Decoplage condominium at 100 Lincoln Rd, Miami Beach, Florida 33139. The property is located on the ocean frontline, and the eastern exposure provides a direct water view. The apartment is leased for a year at $2,500 per month. The special assessment has been paid by the seller in full. Units 921 and 917 in the same building are also listed for sale by different owners. Price — on request.
Location
Decoplage is located at the intersection of Lincoln Road and Collins Avenue, directly on the sand, opposite the Ritz-Carlton South Beach. This is the central part of South Beach with direct beach access. Walking distance: Lincoln Road Mall, Ocean Drive, restaurants, shops, New World Symphony. To Miami International Airport — about 20–25 minutes by car.
About the Property
Studio with one bathroom and a balcony. The exact area is not specified in the source; similar units in the building have an area of about 530–550 sq ft (49–51 m²). Balcony with a direct ocean view. The apartment is furnished. Eastern exposure. The property is leased for a year at $2,500 per month. The special assessment has been paid by the seller.
Within the Complex
Decoplage — a 17-story building constructed in 1965. Infrastructure includes a heated pool with an ocean view, a gym, basic cable television, internet, 24-hour security, and valet parking for one car. Water and valet services are included in the maintenance fee. Direct beach access. The building permits rental up to 12 times per year with a minimum term of 30 days.
Price and Expenses
Price — $539,000
When purchasing real estate in Miami-Dade County, the buyer pays the Documentary Stamp Tax. For condominiums and real estate that is not a single-family home, the rate is $1.05 per $100 of the transaction price ($0.60 state tax plus $0.45 county surcharge). For a property valued, for example, at $400,000, the tax will be about $4,200. Title insurance and registration fees are paid additionally.
The final transaction amount, including all fees, is calculated individually and communicated prior to contract signing.
Annual expenses: the HOA fee for similar studios in Decoplage is about $560–$850 per month. Property tax for similar units — about $4,137 per year (2025). The exact amounts for this lot are clarified with the association.
Ownership Structure and Transaction Format
Ownership form — full ownership (freehold) in a condominium. For foreign buyers, purchasing real estate in Florida is available. The transaction is certified at a title company with registration in Miami-Dade County. Online viewings and remote execution via power of attorney are available. Support languages — English, Spanish.
If Considering as an Investment
The apartment is already leased for a year at $2,500 per month, which provides immediate cash flow. Decoplage is one of the few buildings in Miami Beach where short-term rental is permitted (minimum 30 days, up to 12 times per year). This creates potential for higher profitability compared to buildings where only long-term rental is permitted.
However, it is important to consider: Miami Beach has strict short-term rental rules. Rental for a term of less than 6 months and 1 day is prohibited in most residential zones. For legal rental, a license must be obtained, and fines for violations start at $20,000. Decoplage has a permit for rental from 30 days, which is confirmed by listings.
The Miami condominium market in 2026 is segmented: buildings with good financial standing, low HOA fees, and permitted rental retain liquidity, while old buildings with rising costs and special assessments experience pressure. Decoplage belongs to buildings with permitted rental and direct beach access, which supports demand.
Best Suited For
— Investors seeking a property with an active tenant and immediate income of $2,500 per month.
— Those considering a purchase in a building with permitted short-term rental (from 30 days) on the ocean frontline.
— Buyers who value a direct location on Lincoln Road with walking access to the beach and infrastructure.
May Not Be Suitable
— If the budget does not account for the HOA fee and property tax (approximately $560–$850/month and about $4,137/year for analogues).
— If you plan to live with pets — the building rules require clarification (some listings state "Pets Allowed: No").
— If information about the exact area of the apartment is critical for you — the data is absent.
— If you prefer a new building — constructed in 1965.
What to Know Before the Transaction
The building was constructed in 1965. Recertification and corridor renovation works were carried out in Decoplage; the special assessment for similar units was about $496 per month until March 2034. This listing states that the special assessment has been paid by the seller — this is important to verify in the documents. The apartment is leased, which provides income but limits the possibility of immediate occupancy. Short-term rental in the building is permitted (from 30 days), however, city requirements and association rules must be observed. When purchasing, be sure to check the financial condition of the association, the size of the reserve fund, and the current rental rules.
How to View and Purchase
Write to us with your travel dates and budget range. A Discount House manager will confirm the property's availability, send a full transaction cost breakdown, and suggest alternatives in the same area. Viewings in person or via video. Response within 30 minutes.