Basic Information

  • MLS # A11602979
  • Type Duplex / Quad Plex / Triplex
  • Style Quadruplex
  • Status Active
  • Subdivision/Complex Lincoln Terrace Sub
  • Year Built 1950
  • Total Sqft 4,338
  • Date Listed 06/07/2024
  • Days on Market 101
Description

THIS PROPERTY IS APPROVED AND LICENSED TO OPERATE AS A SHORT TERM RENTAL UNDER THE DBPR. LEGALThis 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 managementself managed.For NOI and more information please text listing agent.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Exterior Features Balcony, Patio, Security High Impact Doors
  • Parking Spaces 0
  • Parking Description
  • Roof Description Concrete

Interior Features

  • Adjusted Sqft 4,338
  • Cooling Description Central Air, Electric
  • Floor Description Tile
  • Heating Description Central, Electric
  • Sqft 4,338

Property Features

  • Address 1620 Bay Rd
  • Aprox. Lot Size 4,338
  • Architectural Style Fourplex
  • City Miami Beach
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional, F H A, Other
  • Lot Description Approx14 Acre
  • Lot Features Approx14 Acre
  • Occupant Type CallAgent
  • Patio And Porch Features Balcony, Open, Patio
  • Pool Features None
  • Possession Closing Funding
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Roof Concrete
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Lincoln Terrace Sub
  • Tax Amount $28,892
  • Tax Information 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
  • Tax Year 2023
  • Terms Considered Cash, Conventional, F H A, Other
  • Type of Property Quadruplex
  • Water Source Public
  • Window Features Impact Glass
  • Year Built Details Resale

1620 Bay Rd

Miami Beach, FL 33139

Similar Properties For Sale

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Triangle Properties, Inc.. tel: 305-532-7778

Real Estate IDX Powered by: TREMGROUP