1622 Bay Rd Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $17,495/month
Highlights
- Newly Remodeled
- Central Heating and Cooling System
- 5-minute walk to Maurice Gibb Memorial Park ( Under Consturction )
- Tile Flooring
About This Home
Zoned for short term leasing! This wonderful 4-plex sits in one of South Beach’s most convenient locations, just a few blocks from Sunset Harbour and Lincoln Road. The building was fully renovated in 2005 and has had continual updates. Four parking spaces, fully gated, security lighting, central AC. Consisting of two 3bd/2ba and two 2 bd/1ba. One of the two bedrooms has a newly rebuilt outdoor deck. Recertification completed in 2020. Currently being leased on long terms basis ready for smart investor to come in and manage to best use. Great Opportunity! Additional docs attached.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,343
Year Built
- Built in 1950 | Newly Remodeled
Parking
- 4 Parking Spaces
Home Design
- Quadruplex
- Substantially Remodeled
- Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,042 Sq Ft Home
- 2-Story Property
- Drapes & Rods
- Blinds
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- 4 Units
- The Zen Condo
- The Zen Condo Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-33-076-0010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,512 | $517,914 | -- | -- |
| 2023 | $9,512 | $495,396 | $0 | $0 |
| 2022 | $8,462 | $450,360 | $0 | $0 |
| 2021 | $8,051 | $417,000 | $0 | $0 |
| 2020 | $8,073 | $417,000 | $0 | $0 |
| 2019 | $8,081 | $417,000 | $0 | $0 |
| 2018 | $7,845 | $417,186 | $0 | $0 |
| 2017 | $8,190 | $430,089 | $0 | $0 |
| 2016 | $5,063 | $260,660 | $0 | $0 |
| 2015 | $5,026 | $249,320 | $0 | $0 |
| 2014 | $4,605 | $226,655 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2024 12/12/24 | For Sale | $2,995,000 | +55.6% | $741 / Sq Ft |
| 09/07/2016 09/07/16 | Sold | $1,925,000 | -91.3% | $476 / Sq Ft |
| 05/02/2016 05/02/16 | Pending | -- | -- | -- |
| 02/23/2016 02/23/16 | For Sale | $22,000,000 | -- | $5,443 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $539,000 | -- | |
| Quit Claim Deed | $300,600 | Attorney | |
| Warranty Deed | $434,500 | Bankers Title & Escrow Inc | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | South Pointe Title Company I | |
| Warranty Deed | $620,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $300,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $125,000 | Stand Alone Second | |
| Previous Owner | $434,000 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11707810
APN: 02-3233-076-0010
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