Making your Real Estate Experience pleasant to remember.
Courtesy of: Triangle Properties, Inc.
Days On Market: 729
Year Build: 1950
Square Footage: 4,338 Sq ft
Address: 1620 Bay Rd
County: Miami-dade County
City: Miami Beach
Neighborhood: Lincoln Terrace Sub
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.
Courtesy of: Triangle Properties, Inc. MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 1st December, 2022 6:43 AM (UTC)
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