1601 Bay Rd , #4

    Miami Beach, FL 33139
    • $469,000
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: A10634476
    UPDATED: 23 min ago
    $469,000
    • 3
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,220
      SQFT
    • $384
      $/SQFT
    Neighborhood:
    32
    Type:
    Condo
    Built:
    1965
    County:
    Area:
    32

    School Ratings & Info

    Description

    Yes it really has 3 bedrooms plus Den and the maintenance fee is only $300 per month. Being sold with a tenant paying $3,300 per month until July 2019. Tenant wants to stay another year at same price. These numbers result in an estimated (not guaranteed) ROI return on investment CAP rate of between 5% and 6% (assuming no mortgage). Building has already done significant repairs and renovations and SELLER will pay any outstanding assessment. Unit was renovated a few years ago with all new everything including hurricane windows, marble floors and granite kitchen. 1 Block from Lincoln Road and very close to the best beaches in South Beach. Designated parking spot! Washer/Dryer in the unit, high ceilings, central AC. Pets ok. BEST LOCATION AND ONLY GETTING BETTER!

    Monthly Payment Calculator



    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-05-26T22:40:49.453.
    www.castellihomes.com/homes/92444914

    1601 Bay Rd , #4 Miami Beach, FL 33139

    • Price: $469,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: A10634476
    3
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,220
    SQFT
    $384
    $/SQFT
    1965
    Built
    Neighborhood:
    32
    County:
    Miami-Dade
    Area:
    32
    Property Description
    Yes it really has 3 bedrooms plus Den and the maintenance fee is only $300 per month. Being sold with a tenant paying $3,300 per month until July 2019. Tenant wants to stay another year at same price. These numbers result in an estimated (not guaranteed) ROI return on investment CAP rate of between 5% and 6% (assuming no mortgage). Building has already done significant repairs and renovations and SELLER will pay any outstanding assessment. Unit was renovated a few years ago with all new everything including hurricane windows, marble floors and granite kitchen. 1 Block from Lincoln Road and very close to the best beaches in South Beach. Designated parking spot! Washer/Dryer in the unit, high ceilings, central AC. Pets ok. BEST LOCATION AND ONLY GETTING BETTER!
    Exterior Features

    Balcony Porch And Or Patio YN Yes Construction Type Cbs Construction Exterior Features Other Num Carport Spaces 0 Parking Description 1 Space Style Condo 1-4 Stories Unit View Other View Waterfront Property Yn No

    Interior Features

    Adjusted Sq Ft 1220 Bedroom Description Other Cooling Description Central Cooling Equipment Appliances DishwasherDryerElectric RangeRefrigeratorWasher Floor Description Marble Floors Heating Description Electric Heat Interior Features Other Interior Features Num Ceiling Fans 0 Sq Ft Total 1220 Unit Floor Location 1

    Property Features

    Amenities Other Amenities Application Fee 100 Assoc Fee Paid Per Monthly Association Fee 300 Association Type Condo Complex Name Bay Sixteen Condo Development Name Bay Sixteen Condo Flood Zone Ae Furnished Info List Furnished Housing Older Persons Act No Hopa Land Lease Amount 0 Membership Purch Rqd Yn No Minimum Numof Daysfor Lease 180 Num Times Leased Year 2 Pet Restrictions None Pets Allowed Yn Yes Property Detached Yn No Reo YN No Restrictions Ok To Lease Section 33 Security Information No Security Short Sale Yn No Subdivision Complex Bldg Bay Sixteen Condo Tax Amount 4327 Tax Information Tax Reflects No Exemptions Tax Year 2018 Terms Considered All CashConventional Typeof Property Condo Unit Design Other Year Built Description Resale

    Listing courtesy of One Sotheby's International Realty.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-05-26T22:40:49.453.
     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305