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Located at 1620 Bay Rd, Miami Beach, Florida 33139, West Avenue neighborhood, this listing has been Sold for a price of $3,250,000 USD. The property was built in 1950,. See all Apartments for Sold in West Avenue.
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10. 1620 Bay Rd
1. 1620 Bay Rd
2. 1620 Bay Rd
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Miami BeachWest Avenue1620 Bay Rd

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1620 Bay Rd,

Miami Beach, FL 33139

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.

amenities

  • Balcony
  • Tile Flooring
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All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any descriptions, measurements, square footages or acreage and should not be relied upon as such. All information herein should be confirmed by the customer. All rights to all content, including but not limited to photographs, videos and other graphics, are reserved to exclusively to the Broker who supplied such listing content. All advertising on this site is subject to the Federal Fair Housing Act.

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Listing By: Triangle Properties, Inc. via Data Source: MIAMI MLS 
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Price History

datePricevariancetype
6/10/2023$3,250,000-off market
9/10/2020$3,250,000-Listed
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    Off Market

    1620 Bay Rd
    Miami Beach, FL 33139

    $3,250,000