1620 Bay Rd

Out Of Market
Recommend
Out Of Market

$3,250,000

0 Bed 0 Bath 4,338 sqft
1620 Bay Rd South Beach
Out Of Market
Recommend

153

Home61's Closings in

South Beach

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
4,338 sqft
Maintenance
$ 0
Tax
$28,892 (2019)
Tenant Occupied
No
Parking Space
0
Floor #
0 / 2
Building
LINCOLN TERRACE SUB
On market
1196 days
$ /sqft
$ 749
Type
apartment
Unit
-
Year Built
1950
Zip Code
33139
Ref./MLS ID
A10984243

DESCRIPTION

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.  


Data is provided by Miami Board of Realtors.

Public transportation

West Av & #1620
123
1 mins
West Av & Lincoln Rd
123
2 mins
Dade Bd & Purdy Av
123
A
2 mins
West Av & 15 Te
123
2 mins

Nearby School In South Beach

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
5
Miami Beach Senior High School
9-12
0.9 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.8 miles
9
South Pointe Elementary School
PK-5
1.2 miles
NR
Landow Yeshiva Center
PK-12
0.5 miles
Neighborhood

South Beach

  • fashion
  • beach
  • ocean
  • nightlife
  • party
  • restaurants
  • bars
  • condos
  • ocean front homes
  • luxury
  • miami

  •  
Listed on January 15, 2021 by Daniel Ettedgui from Triangle Properties, Inc., this apartment is for sale. apartment for sale in South Beach listed at $3,250,000, Reference A10984243

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information 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. 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.