Lincoln Terrace Sub Fourplex For Sale
1620 Bay Rd, Miami Beach, FL 33139

$3,250,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11602979
  • Virtual Tour: YES
  • List Price: $3,250,000
  • Living Area: 4338 Ft² / 403 M²
  • Price Per Foot/Meter: $749 / $8,064
  • Taxes:$28,892
  • Year Built:1950
  • Listing Date:June 7, 2024
  • Days On Market:161

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.

Features


  • Floor:Tile
  • Exterior Feature:Balcony, Patio, SecurityHighImpactDoors

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker