1620 Bay Rd ,Attached, Quadruplex, Lincoln Terrace Sub en Venta

1620 Bay Rd en Venta

Precio $3,250,000.00

  • Tama帽o de lote 4338
  • A帽o de construcci贸n 1950
  • Frente al agua
  • Zip 33139
  • Estilo Attached
  • Parking Descripci贸n
  • Piscina Yes
  • Estado Active
Cont谩ctenosProgramaci贸n de la gira

Descripci贸n

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.

Submit all offers via MLS Offers: https://www.mlsoffers.com/propertysearch.php?mls=A10984243

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

Less Than 1/4 Acre Lot

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.

City:Miami Beach,Zoning:4000,Cooling:1:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2022,Latitude:25.7897031,Cooling Y N:1,Heating Y N:1,List Price:3250000,Listing Id:A11401295,Longitude:-80.1438833,Mls Status:Active,Year Built:1950,Living Area:4338,Postal Code:33139,Street Name:Bay Rd,Coordinates:1:25.7897031,Photos Count:10,Building Name:LINCOLN TERRACE SUB,Days On Market:313,Listing Terms:1:Conventional,2:Exchange,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Lincoln Terrace Sub,On Market Date:2023-06-09,Parcel Number:02-32-33-008-0020,Property Type:Residential Income,Stories Total:2,Street Number:1620,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Triangle Properties, Inc.,Standard Status:Active,Window Features:1:Impact Glass,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2133,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:LINCOLN TERRACE SUB,Tax Annual Amount:28892,Unparsed Address:1620 Bay Rd, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Year Built Details:Resale,Building Area Total:4338,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:749.1932,Original List Price:3250000,Public Survey Range:32,Documents Available:1:Financial Statement,2:Other Available Information,3:Personal Property Inventory,4:Rent Rolls,I D X Participation Y N:1,Number Of Units Total:4,Syndication Remarks: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 Contract Date:2023-06-09,Originating System I D:miamire,Public Survey Section:33,Showing Instructions:Call Listing Agent,Street Number Numeric:1620,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,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Patio And Porch Features:1:Patio,Sub Agency Compensation:1%,M I A M I R E_ Adjusted Area S F:3784,M I A M I R E_ Internet Remarks:Contact me for more information.,Contract Status Change Date:2023-06-09,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,M I A M I R E_ Compensation Disclaimer:BBC: 2.5%, The offer of compensation is made only to participants of the MLS where the listing is filed.,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:749.19,Internet Automated Valuation Display Y N:1,

  • Precio $3,250,000.00
  • Cambio de precio: 2023-06-09
  • Tama帽o de lote sq. ft.
  • Precio por p.c. $
  • A帽o de construcci贸n 1950
  • Frente al agua
  • Ver
  • Piscina Yes
  • Estilo Attached
  • Construcci贸n CBS Construction
  • Parking Descripci贸n
  • Tipo de suelo Tile
  • Tipo de propiedad Residential Income
  • Estado Active
  • Listado 2023-06-09
  • D铆as en el mercado 359
  • Amueblado
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision
  • Development Name LINCOLN TERRACE SUB
  • HOA Fees
  • Taxes 28892
  • Taxes Year 2022