1620 Bay Rd, Miami Beach, FL, 33139
1950
Fourplex
4,338 sqft
This fourplex is licensed for Short-term rental. Completely gutted & renovated in Oct 2020; 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 perfect 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 Systems. 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. For would be buyer that has experience in managing airbnb their NOI could be 7.84% at the asking price. All units are sold with the???????????????????????????????? furniture.
Status:
Active
Type:
Multi-family
Zoning:
4000
Subdivision:
LINCOLN TERRACE SUB
Heating:
Central, Electric
Cooling:
Central Air, Electric
Est. Taxes:
$28,892
Construction
Block
Utilities
Cable Available
Lot Description:
< 1/4 Acre
Days on Market:
313
Pool:
None
MLS #:
A11401295
Community Info
School Info
Walk Score
Yelp
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Listing courtesy of Triangle Properties, Inc. Phone: 305-532-7778