$3,250,000

1620 Bay Rd Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $20,548/month

Total Views 3,304
-- Bed
-- Bath
4,338 Sq Ft
$749 Price per Sq Ft

Highlights

  • No HOA
  • Clear Impact Glass
  • Tile Flooring
  • Balcony
  • Patio
  • 5-minute walk to Maurice Gibb Memorial Park ( Under Consturction )

About This Home

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.

Listing Agent

Daniel Ettedgui

Triangle Properties, Inc. License #3007971

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,892

Year Built

  • Built in 1950

Home Design

  • Quadruplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,338 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Home Security

  • Clear Impact Glass
  • High Impact Door

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lincoln Terrace Sub Condos
  • Lincoln Terrace Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-008-0020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,892

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LINCOLN TERRACE SUB
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Tile
  • Living Area: 4338
  • Stories: 2
  • Window Features: Clear Impact Glass, Impact Glass

Exterior Features

  • Roof: Concrete
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LINCOLN TERRACE SUB

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-33-008-0020
  • Zoning: 4000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Cable TV

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 28892

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 For Sale $3,250,000 +132.1% $749 / Sq Ft
10/16/2014 10/16/14 Sold $1,400,000 -6.6% $382 / Sq Ft
06/26/2014 06/26/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $1,499,000 -- $409 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11602979

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami Beach 33139 Flamingo

1620 Bay Rd, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 1620 Bay Rd, Miami Beach, FL 33139 and is currently priced at $3,250,000, approximately $749 per square foot. This property was built in 1950. 1620 Bay Rd is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for 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.

Listing Agent
Daniel Ettedgui
Section Image
Triangle Properties, Inc.
(305) 532-7778