1620 Bay Rd
Miami Beach, Florida
$3,250,000 Rental Price
- Bedrooms   - Baths

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...

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.

Listing courtesy of Triangle Properties, Inc.

 

Listing Details

Miami Beach, Florida
Type: Rental
Price: $3,250,000
Approx. square footage: 4,338 sf
Web ID: 11401295
MLS ID: A11401295

Info & Amenities

Type: Quadruplex
Built: 1950
Pool: Yes

Map of Area for 1620 Bay Rd

Listing Agent(s)

Get to Know Miami Beach

Miami Beach, a world-famous barrier island, is famous for its stunning beaches, vibrant nightlife, and a diverse cultural scene. Comprising several distinct neighborhoods, including South Beach, the area offers a mix of Art Deco architecture, modern luxury, and a lively atmosphere. Renowned for its international appeal, Miami Beach caters to sun-seekers, art enthusiasts, and urban explorers alike.

More About Miami Beach

Neighborhood Guide to Miami Beach