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For Sale558 Days
$3,250,000

1620 Bay Rd
Miami Beach, FL 33139

Income For Sale
4,338 Sq. Ft.
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    Triangle Properties, Inc.

    Description for 1620 Bay Rd, Miami Beach, FL 33139

    For Sale> Miami-Dade County> Miami Beach> 33139

    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.

    Property Details

    Listing Details
    For Sale
    Income
    Fourplex
    For Sale
    A11401295
    $3,250,000
    06/09/2023
    4,338 Sqft
    1950
    $3,250,000
    $3,250,000
    313
    3007971
    Fourplex
    4,338 Sqft
    Location Information
    US
    FL
    Miami-Dade County
    Miami Beach
    33139
    1827499
    Bay Rd
    1620
    2133
    W81° 51' 22.1''
    N25° 47' 23''
    1620 Bay Rd
    32
    Interior Features
    Tile
    Impact Glass
    Exterior Features
    Balcony,Open,Patio
    Patio,Security/high Impact Doors,Balcony
    Concrete
    Block
    Land Info
    < 1/4 Acre
    02-32-33-008-0020
    Utilities
    Central,Electric
    Central Air,Electric
    Public Sewer
    HOA Info
    2
    Rental Info
    Cable Tv
    Tax Info
    LINCOLN TERRACE SUB PB 49-100 LOT 2 LOT SIZE 50.000 X 105 OR 13017-1648 0986 1 COC 24489-3118 04 2006 5
    $28,892
    2022
    Listing Information
    Triangle Properties, Inc.
    Daniel Ettedgui
    1498
    TPRO01
    Sefmiami
    $3,250,000
    No
    LINCOLN TERRACE SUB
    Cable Available
    Public
    Virtual Tours

    Price History

    Source: MLS
    DateEventPriceSource
    2023-06-09For Sale$3,250,000MLS
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    Walk Score

    Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

    Walk Score

    4

    Bike Score

    7

    Transit Score

    3

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