Multifamily in 1610 Bay Rd Miami Beach for sale with MLS# A11947334
1610 Bay Rd, a 4-unit apartment building currently operating as a short-term rental. Located in the heart of South Beach's vibrant waterfront corridor, 1610 Bay Rd is well positioned within one of Miami Beach's most sought after sub-markets. Bay Rd runs parallel to the western-point of South Beach, positioning the asset steps away from Biscayne Bay, Lincoln Road, and Sunset Harbor. Built in 1950, the property sits on a lot approximately 0.12 acres zoned medium intensity RM-2. All four units currently operate as short-term rentals and consist of fully-furnished 2 bedroom & 1 bath apartments with on-site laundry for guests. A future investor would receive a turnkey short-term rental asset within Miami's leading destination for tourism. Additionally, 1610 Bay Rd's attractive unit size and premier location offers a strong rental market as a traditional multi-family asset. With comparable rates in the area ranging from $3.50-$4.00 per Sq Ft, an investor has the unique opportunity to continue operations as a short-term rental, combine long-term and short-term use, or fully convert the property into long-term apartments.
1610 Bay Rd, Miami Beach, FL 33139
- Price:
- $2,400,000.00
- Original List Price:
- $2,400,000.00
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11947334
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- January 16, 2026 5:05 pm
- Built-Up Area:
- 4,148 Sqft
- Lot Area:
- 5,250 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Year Built:
- 1950
- Number of Units Total:
- 4
- Structure Type:
- Apartment, Multifamily
- Tax Annual Amount:
- $29,566.00
- Covered Spaces:
- 0
- Senior Community:
- No
- Occupant Type:
- Call Agent
- Tax Legal Description:
- LINCOLN TERRACE SUB PB 49-100 LOT 12 LOT SIZE 50.000 X 105 OR 17722-1342 0797 1
- Real Estate Folio Number (Parcel Number):
- 02-32-33-008-0120
- Zoning Description:
- 4000
- Originally published on:
- January 16, 2026 5:05 pm
- Active on the market since:
- January 16, 2026
- Price change occurred on:
- January 16, 2026 3:55 pm
- Listing Status Last Changed On:
- January 16, 2026 5:05 pm
- Photos updated on:
- January 16, 2026 10:35 pm
- Last Modified:
- February 20, 2026 4:26 pm
- Flood Zone:
- AE
- Subdivision Number:
- 8
- Municipal Code:
- 2
- Courtesy of:
- Landy Toledo LLC
- Attribution:
- Not provided
- Street Name:
- Bay Rd
- Street Number:
- 1610
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 21.7''
- Longitude:
- W81° 51' 22.1''
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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