1620 Bay Rd, Miami Beach, FL, 33139

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$3,250,000
795 Days Online

1620 Bay Rd
Miami Beach, FL 33139

For Sale|Multi-Family|Active
Subdivision:
Lincoln Terrace Sub
County:
Miami-Dade

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Call Now: (786) 383-1515
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(786) 383-1515
1620 Bay Rd1620 Bay Rd1620 Bay Rd1620 Bay Rd
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This Hotel licensed Short-term rental in the heart of South Beach. Completely renovated in Oct 2020 in Prime South Beach location; from Roof to Foundation and 40-year recertification all done in 2021 One block from Lincoln Road Mall and the Intercostal Bay. It currently has an operator with a master lease paying off a net amount to the owner. This is where the deal lies for any would-be investor that understands the intricacies of how to manage a short term. All units have a 2/ 2 layout, brand new appliances & AC System. Downstairs has a stunning patio area and the upstairs units come with a balcony overlooking the bustling streets of South Beach. It is currently fully operational and bringing in a phenomenal ROI with the current management. All units are sold with the furniture.

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Listing Snapshot
Price 
$3,250,000
Days Online 
795 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,338 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1950
MLS Number 
A10984243
Status 
Active
Property Tax 
$28,892
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS
2 years agoListing first seen online
General Features
Number Of Stories 
2
Sewer 
Public Sewer
Style 
Fourplex
Water 
Public
Construction 
Block
Parking Spaces 
0
Number of Stories 
2
Zoning 
4000
Property Sub Type 
Quadruplex
Utilities 
Cable Available
Interior Features
Cooling 
Central AirElectric
Heating 
CentralElectric
Flooring 
Tile
Window Features 
Impact Glass
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Exterior Features
Exterior 
BalconySecurity High Impact DoorsPatio
Lot 
Item14 Acre
Roof 
Concrete
Waterfront 
No
Pool Features 
None
Waterfront Property 
No
Patio And Porch 
BalconyOpenPatio
Community Features
MLS Area 
32
Listing courtesy of Triangle Properties, Inc.

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Neighborhood & Commute
Source: Walkscore
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