Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
Miami Beach, FL 33139,1620 Bay Rd
9
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$3,250,000
Est. payment /mo
4,338 SqFt
Active

1620 Bay Rd Miami Beach, FL 33139

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UPDATED:

09/30/2024 09:39 PM

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.

Learn More About LPT Realty

Linda Hatooka

Broker Associate | License ID: BK3354240

+1(215) 378-5533

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1620 Bay Rd