1620 Bay Rd Active

Miami Beach,FL 33139

$ 3250000

- Bed

0 Bath

4338 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

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