1620 Bay Rd, Miami Beach (33139)
$3,250,000
0 
0
4,338
PROPERTY DETAILS
| Address: |
view address Miami Beach, FL 33139 Map Location |
Features: | Air Conditioning, Balcony, Multi-level |
|---|---|---|---|
| Square Feet: | 4,338 sq.ft. | Year Built: | 1950 |
| Styles: | Fourplex | Property Type: | Quadruplex |
| Neighborhood: | LINCOLN TERRACE SUB | County: | Miami-Dade |
| List Date: | 2023-06-08 | Listing Number: | A11401295 |
PROPERTY DESCRIPTION
This fourplex is licensed for Short-term rental. Completely gutted & renovated in Oct 2020; 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 perfect 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 Systems. 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. For would be buyer that has experience in managing airbnb their NOI could be 7.84% at the asking price. All units are sold with the???????????????????????????????? furniture.
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Interior
Features
| Flooring: | Tile |
Cooling & Heating
| Cooling features: | Central Air, Electric | Heating features: | Central, Electric |
| Heating: | Yes |
Exterior
Exterior and Lot
| Construction Materials: | Block | Roof: | Concrete |
| Style: | Fourplex |
Pool and Spa
| Pool Features: | None |
Property Features
| Exterior features: | Balcony | Patio and Porch features: | Patio |
Property and Lot Details
Other
| Sewer: | Public Sewer |
Fee
| Annual Tax: | 28892 |
Building Information
| Year Built: | 1950 | Levels: | Two |
| Stories: | 2 |
Construction
| Building Area total: | 4338.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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