1620 Bay Rd

Miami Beach, FL 33139

  • 2 Bed(s)
  • 2 Bath(s)
  • 4,338 Sqft
$3,250,000

Description

This hotel licensed short-term rental in the heart of south beach.

completely renovated in oct 2020 in prime south beach location; 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 where the deal lies 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 system. 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 and bringing in a phenomenal roi with the current management. all units are sold with the furniture.

  • Property Type

    ResidentialIncome
  • Subdivision

    Lincoln Terrace
  • County

    Miami-Dade County
  • Style

    Fourplex
  • AD ID

    39932600

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BuyOwner last updated this listing 04/28/2024 @ 19:18

  • MLS: A10984243
  • LISTING PROVIDED COURTESY OF: Daniel Ettedgui, Triangle Properties, Inc.
  • SOURCE: Trestle Miami

is a Home, with 2 bedrooms which is for sale, it has 4,338 sqft, 4,338 sized lot, and 0 parking. are nearby neighborhoods.