1620 Bay Rd

Miami Beach, FL, 33139

$3,250,000

$749 per ft²
$3,250,000
$749 per ft²
Active
Active
 - For Sale
carpenters-square
4,338 ft²
property_type
Multi-family
calendar
Built 1950
THIS PROPERTY IS BOTH APPROVED AND LICENSED TO OPERATE AS A SHORT-TERM RENTAL PROPERTY AS PER THE DBPR. (LEGAL). Ok for Airbnb or any short terms! Hotel licensed short-term rental in the heart of South Beach and is a money-making machine! 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. All units have 2 bedrooms and 2 bathrooms layout, brand new appliances & Nest 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. Our P&L is not projected! All units are sold with the furniture.
MLS® ID:
A10984243
Listed:
9/9/20
Updated:
7/6/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile
Cooling
Central Air, Electric
Heating
Central, Electric

Exterior/Building Features

Lot Size
4,338 ft² lot
Exterior Features
Open Balcony
Architectural Style
Attached
Lot Details
Less Than 1/4 Acre Lot
Roof
Concrete
Sewer
Public Sewer

Other Property Details

Area Name
Lincoln Terrace Sub
Taxes
$28892
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Miami-Dade County
Water Source
Municipal Water
Pool
No
Total Stories
2
Zoning
4000

Courtesy of Triangle Properties, Inc.

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 3:20 PM UTC, 7/6/22.

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