1620 Bay Rd, Miami Beach FL 33139 – ID A11401295

$ 3.250.000
1620 Bay Rd, Miami Beach FL 33139, ,
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Overview

  • Updated On:
  • July 8, 2023
  • 4,338 m2

Description

This Hotel is licensed for 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 Systems. 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.

Address: 1620 Bay Rd, Miami Beach FL 33139
State/County:
Zip: 33139
Country: United States
Open In Google Maps
Property Id : 133920
Price: $ 3.250.000
Property Size: 4,338 m2
Other Features
Has Cooling System
Has Heating System
Open Balcony
$ 16,663.39
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,600.89

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4,338 m2

Brian Bartley

Realtor

Contact Me

Schedule a showing?
Call +1-786-860-9298 WhatsApp
You can reply to private messages from "Inbox" page in your user account.

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Brian Bartley