1620 Bay Rd Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
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
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
Exterior
Exterior Feature Balcony,Patio,Security/High Impact Doors
Pool None
Utilities Available Cable Available
Roof Type Concrete
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Water Public
Structure Type Block
Others
Acceptable Financing Cash,Conventional,FHA,Other
Listing Terms Cash,Conventional,FHA,Other