What is the asking price and what does it include?

The list price for 1040 10th St # 402, Miami Beach FL 33160 is $889,500. The property is a property with 2 bedrooms, 2 bathrooms, approximately 1132 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 1040 10th St # 402, Miami Beach FL 33160 in Miami Beach, 33160. Coordinates are approximately 25.7803718, -80.1393263. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami Beach — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 889,500 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 1040 10th St # 402, Miami Beach FL 33160.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Buying
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Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
1040 10th St # 402, Miami Beach FL 33139 | Miami-Dade County | A12106946

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1040 10th St # 402, Miami Beach FL 33139 | Miami-Dade County | A12106946

1040 10th St # 402, Miami Beach FL 33139

Active Residential

$889,500

15 More

2
Bedrooms

2
Bathrooms

1132 Sq Ft
Area Size

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Active Residential

1040 10th St # 402, Miami Beach FL 33139 | Miami-Dade County | A12106946

1040 10th St # 402, Miami Beach FL 33139

$889,500

Description

Refined South Beach living in this sun-filled 2-bedroom, 2-bath residence offering 1,132 square feet of gracious interiors and serene garden views. Set on the fourth floor of 1040 10th Street, with elevator access, the home opens to a private balcony, an ideal spot to enjoy the outdoors. Impact glass floods the living space with natural light and adds everyday peace of mind, while tile flooring flows throughout. The kitchen is appointed with stone countertops, custom cabinetry, and stainless steel appliances. Two well-proportioned bedrooms and two full baths provide comfort and flexibility, and an in-unit washer and dryer adds true convenience. Secured, assigned parking completes the offering. Moments from Whole Foods, Lincoln Road, the beach, and South Beach’s finest dining, this is a polished retreat in the heart of Miami Beach, ideal as a primary home, seasonal residence, or investment.

Property Overview

Built in 2006, this two-bedroom, two-bath condo at 1040 10th Street # 402 offers 1,132 square feet of living space on the fourth floor of the Lenox building. The unit features impact glass that allows natural light to fill the interior, along with tile flooring throughout. The kitchen is equipped with stone countertops, custom cabinetry, and stainless steel appliances, while an in-unit washer and dryer provides added convenience. Residents also have access to a private balcony and secured, assigned parking. The monthly HOA fee is $595, and the property is listed for sale at $889,500. Located in the Lenox Villas Condo subdivision, this residence is situated near Whole Foods, Lincoln Road, and the beach. For questions regarding specific details or to schedule a viewing, please call 305-859-4733.

Monthly Fees & Carrying Costs

Association Fee	$595 / month
Total Monthly Fees	$595 / month

Membership Required: No
Application Fee: $100 (one-time)

Have a question about this Miami Beach listing?

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This listing is courtesy of Dalton Wade Inc.

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