Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 4,338 ft2/403.01 m2
- Price Per: $749.19 ft2/$8,064.25 m2
- Type: Multifamily
- Built: 1950
- HOA: No info
- MLS Number: A11602979
- View No info
- On Site: 257 days
- Updated: 54 Days Ago
- Page Views: 5
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.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Bike Storage
- Clubhouse / Clubroom
- Elevators
- Laundry
- Pool
- Recreation Facilities
- Storage
- Trails
- Trash Chute
Price History
Date | Event | Price | Change Rate | Price Per |
---|---|---|---|---|
06/07/2024 | Listed | $3,250,000.00 | $749.19 ft2/$8,064.25 m2 |
Features
Property Details for 1620 Bay Rd, Miami Beach, FL 33139
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Balcony, Patio, Security High Impact Doors
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Central, Electric
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1950
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Lincoln
- Subdivision Name: LINCOLN TERRACE SUB
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 06/07/2024
- Area: 32
- Brokered By: Triangle Properties, Inc.
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $28,892.00 (2023)