See Home Value
$3,036,798*
Multifamily - Off Market

1600 Bay Rd

Miami Beach, FL 33139
bedrooms
Studio
bathrooms
0 Bath
square feet
3990 Sqft
$2,655,000 - $3,245,000
Reference Base Price*
2.94%
Since Jul 1, 2023
FL-Miami
Primary Model

About This Property

Amazing income producing Four plex short term / airbnb allowed by the city of Miami Beach on a corner lot.

The property has 4 units, two 2 bed / 2 bath and two 1 bed/1 bath.

More than $400000 invested to renovate the propriety (impact windows, sprinkers, alarm, new roof paint and interior design).

First-floor units have private patios, while top-floor units have balconies. All units come fully equipped with Italian furnishing, new appliances and central ac. Each unit is very spacious and comes with its own parking spot on premises.

The manager has listed the unit size as 3990 square feet.
Unit Size
3,990Ft²
Days on Market
-
Land Size
-
Price per sqft
$739
Property Type
Multifamily
Property Taxes
$2,057
HOA Dues
-
Year Built
1956

Price History

Date / Event Date Event Price
Jun 29, 2023 No longer available -
No longer available
May 5, 2023 Price Decreased $2,950,000
↓ $50K (1.7%)
Price Decreased
Feb 2, 2023 Listed $3,000,000
Listed

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Block


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
4,240 ft²
$495/ft²
$2,100,000 Jan 13, 2023
$2,100,000 Sep 6, 2023
$2,647/mo
Other
Loft
-
2,860 ft²
$874/ft²
$2,500,000 Aug 1, 2023
$2,500,000 Oct 19, 2023
$2,861/mo
House
5 Beds
4 Baths
3,384 ft²
$598/ft²
$2,025,000 May 30, 2023
$2,025,000 Jan 5, 2024
-
Condo
1 Bed
1 Bath
1,036 ft²
$2,000/ft²
$2,072,000 Nov 15, 2022
$2,072,000 Oct 2, 2023
$3,446/mo
Condo
3 Beds
4 Baths
2,826 ft²
$1,239/ft²
$3,500,000 Aug 14, 2023
$3,500,000 Sep 15, 2023
$6,047/mo
Condo
3 Beds
4 Baths
2,250 ft²
$1,189/ft²
$2,675,000 Aug 18, 2023
$2,675,000 Jan 4, 2024
$3,825/mo
In Contract
Other
Loft
-
3,990 ft²
$627/ft²
$2,500,000 Jun 27, 2023
-
$2,057/mo
Other
Loft
-
4,212 ft²
$653/ft²
$2,750,000 Dec 18, 2023
-
$2,566/mo
Other
Loft
-
4,338 ft²
$749/ft²
$3,250,000 Jun 9, 2023
-
$2,408/mo
Other
Loft
-
3,581 ft²
$740/ft²
$2,650,000 Mar 15, 2023
-
$1,998/mo
House
5 Beds
4 Baths
3,970 ft²
$654/ft²
$2,595,000 Sep 11, 2023
-
$373/mo
House
4 Beds
5 Baths
3,663 ft²
$874/ft²
$3,200,000 Jan 18, 2024
-
$1,938/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230202
02/02/2023
Studio
-
3990 ft²
$3,000,000
bedrooms
Studio
bathrooms
-
square feet
3990 ft²
-
-
-
Marilina Apfelbaum
Beachfront Realty Inc

Building Info

1600 Bay Road 1600 Bay Road, Miami Beach, FL 33139
More about this Building
1600 Bay Road
Want to find out who owns 1600 Bay Road, Miami Beach, FL 33139? Get detailed property transactions here .

About West Avenue


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