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1620 Bay Rd
Miami Beach, FL 33139
$3,250,000
Active
10+
$3,250,000
Active
Bedrooms
Bathrooms
N/A
Half Baths
4,338 
Size Sq. Ft.
689
DOM
1620 Bay Rd Miami Beach, FL 33139
Beds, Baths, Quadruplex 4,338 Sq.Ft.

This Hotel Licensed Short-term Rental In The Heart Of South Beach. 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. It Currently Has An Operator With A Master Lease Paying Off A Net Amount To The Owner. This Is Where The Deal Lies 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 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 With The Current Management. All Units Are Sold With The Furniture.

Listing Summary
  • City Miami Beach
  • County Miami-dade County
  • Zip 33139
  • Price $3,250,000 ($749 / SqFt)
  • Status Active
  • County Miami-dade County
  • Subdivision Lincoln Terrace Sub
  • Pets Allowed No
  • Property Type Residential Income
  • Property Sub TypeQuadruplex
  • Status Active
  • Square Feet 4,338
  • Year Built 1950
  • Waterfront No
  • HOA Fees N/A
  • Taxes $28,892
  • Tax Year 2019
  • MLS® # A10984243
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1620 Bay Rd
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10984243) is provided courtesy of (Triangle Properties, Inc.). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 06-03-2023. IDX powered by Realty Net Media
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