Home » Miami Beach » 1620 Bay Rd, Miami Beach, FL 33139 | A11602979

Fourplex (Quadruplex) For Sale 1620 Bay Rd, Miami Beach, FL 33139

$3,250,000

Property Highlights

Listing ID A11602979 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 4,338 Sqft/403.01 m2 approx. Building Area 4,338 Sqft/403.01 m2 approx. Year Built 1950 Time of this property on Rebonus 183 Day(s)

1620 Bay Rd, Miami Beach, FL 33139

Property Description: 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.

Residential Income (Multifamily 2-4) Fourplex (Quadruplex) For Sale located at 1620 Bay Rd Miami Beach FL 33139 in Miami-Dade referenced as ID MLS # A11602979. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$3,250,000

Lease Details

Rent Includes:
  • Cable Tv

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:2

Property Features

Waterfront:No
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Patio
Patio and Porch Features:
  • Patio
  • Balcony
  • Open
Roof:
  • Concrete
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$28,892

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Exemptions

Terms

Documents Available:
  • Other
  • Financials
  • Rent Rolls
  • Inventory
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
  • Other
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:LINCOLN TERRACE SUB
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Flood ZoneAE
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number8

Zoning and Legal

Tax Legal Description:LINCOLN TERRACE SUB PB 49-100 LOT 2 LOT SIZE 50.000 X 105 OR 13017-1648 0986 1 COC 24489-3118 04 2006 5
Real Estate Folio Number (Parcel Number):02-32-33-008-0020
Zoning Description:4000
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:June 7, 2024 11:56 am
On Market Date:June 7, 2024
Price Change Date Time:June 7, 2024 11:56 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:June 7, 2024 11:56 am
Status Last Changed:June 7, 2024 11:56 am
Photos Last Modified:June 7, 2024 4:47 pm
Last Modified:September 30, 2024 9:39 pm
Days on the Market Reference Date:June 7, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):1542

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:9
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Triangle Properties, Inc.
Universal Property Id:US-12086-N-0232330080020-R-N

Location

Show Property Address:Yes
Street Name:Bay Rd
Street Number:1620
Street Address:1620 Bay Rd
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1620 Bay Rd, Miami Beach, FL 33139
Latitude:N25° 47' 23''
Longitude:W81° 51' 22''

Neighborhood

Postal City:Miami Beach

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