Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
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$ 3,250,000
Est. payment | /mo

4,338 SqFt


$ 3,250,000
Est. payment | /mo

4,338 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,338 sqft

Price per Sqft $749

Subdivision Lincoln Terrace Sub

MLS Listing ID A11602979

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1950

Annual Tax Amount $28,892

Tax Year 2023

Property Description

THIS PROPERTY IS APPROVED AND LICENSED TO OPERATE AS A SHORT TERM RENTAL UNDER THE DBPR. (LEGAL)

This 2 bed 2 bath Four-Plex located right in the heart of South Beach has years of history being rented on AirBnB & managed by a third party management company.

The whole building was gutted & Completely renovated recently; It is conveniently located One block from Lincoln Road Mall and the Intercoastal Bay. All units have a 2-bedroom, 2-bathroom layout, new appliances, and air conditioning system, laundry in all units. All properties come furnished and with smart home systems. It is currently fully operational and provides a phenomenal NOI, specially for owner management/self managed.

For NOI and more information please text listing agent.

Location

State FL

County Miami-dade

Community Lincoln Terrace Sub

Area 32

Interior

Heating Central, Electric

Cooling Central Air, Electric

Flooring Tile

Window Features Impact Glass

Exterior

Exterior Feature Balcony, Patio, Security/High Impact Doors

Pool None

Utilities Available Cable Available

Roof Type Concrete

Porch Balcony, Open, Patio

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 02-32-33-008-0020

Acceptable Financing Cash, Conventional, FHA, Other

Listing Terms Cash, Conventional, FHA, Other

Listed by Triangle Properties, Inc.

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1620 Bay Rd