Lincoln Terrace, 1620 Bay Rd Miami Beach, FL 33139

$3,250,000Price
4,338SqFt

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Size: 4,338 ft2 / 403 m2
Price: $749 ft2 / $8,064 m2
Built: 1950
MLS Number: A11602979
On Site: 305 Days
Updated: 102 Days ago
Page Views: 0
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

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Balcony, Patio, SecurityHighImpactDoors

Price History

06/07/2024

Date

Listed

Event

$3.3M

Price

$749 ft2 / $8,064 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Daniel EttedguiTriangle Properties, Inc. • Buyer Agency Compensation .

Instant Comparative Market Analysis

$400/ft²
$500/ft²
$700/ft²
$900/ft²

Unit 1620 Bay Rd – Asking

$749/ft²

(+20%) from Closed Medium $/ft²

Closed Medium $/ft²

$627/ft²
Community $/Price Range (Closed) $546/ft² – $708/ft²
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