$3,250,000
For Sale

1620 Bay Rd

MIAMI BEACH, FL 33139
4338 sqft | #A10984243
Browse all 10 photos

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.
read more

  • Property Details
    • Property
      • Stories:2
      • Lot description:Less Than 1/4 Acre Lot
      • Exterior materials:Open Balcony
    • Measurements
      • Square Feet:4338
  • Construction Details
    • Type & Style
      • Property type:Investment
    • Condition
      • Year built:1950
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Municipal Water
  • Community and Neighborhood Details
    • Location
      • County:Miami-Dade County
    • Community
      • Subdivision:LINCOLN TERRACE SUB
  • Other
    • Source
      • MLS #:A10984243

Location

Legal

MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

Last Updated: . Source: MAOR

Listing Courtesy
Listing Agent: Daniel Ettedgui(#3007971)
Listing Office: Triangle Properties, Inc. (#TPRO01)

June MakisJune Makis PA
  • Request Info
  • Schedule Showing

Interested in Purchasing 1620 Bay Rd?

Get an estimate on monthly payments on this property.

Note: The results shown are estimates only and do not necessarily include accurate taxes or homeowner's insurance!

$100
Monthly Payment

Company

Services

Explore

Account

    MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.

    © 2023 Royal Palm Real Estate Services. All rights reserved.
      Website built by CloseHack.