1622 Bay Rd, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential Income

$ 2,895,000
1622 Bay Rd, Miami Beach FL 33139, Miami Beach, THE ZEN CONDO

Description

Zoned for short term leasing! This wonderful 4-plex sits in one of South Beach’s most convenient locations, just a few blocks from Sunset Harbour and Lincoln Road. The building was fully renovated in 2005 and has had continual updates. Four parking spaces, fully gated, security lighting, central AC. Consisting of two 3bd/2ba and two 2 bd/1ba. One of the two bedrooms has a newly rebuilt outdoor deck. Recertification completed in 2020. Currently being leased on long terms basis ready for smart investor to come in and manage to best use. Great Opportunity! Additional docs attached.

Address: 1622 Bay Rd, Miami Beach FL 33139
State/County:
Zip: 33139
Country: United States

Property Id: 116133
Price: $ 2,895,000
Property Size: 4,042.00 ft2
ArchitecturalStyle: Other
AssociationFeeFrequency: Monthly
BuildingAreaUnits: Square Feet
BuildingName: THE ZEN CONDO
ConstructionMaterials: CBS Construction
ContractStatusChangeDate: 2024-12-12
Cooling: Central Air
DaysOnMarket: 305
DocumentsAvailable: Financial Statement, Copy Of Lease(S), Other Available Information, Rent Rolls
ExpirationDate: 2025-12-01
Flooring: Tile
Heating: Central
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
ListAOR: A-Miami Association of REALTORS
ListAgentDirectPhone: 305-495-8417
ListAgentEmail: LisaV@bhsusa.com
ListAgentFullName: Lisa Van Wagenen
ListAgentKey: 880ddedcabd14e2a16b0bf4d27b14c9e
ListAgentMlsId: 0678702
ListAgentOfficePhone: 305-666-1800
ListAgentStateLicense: 0678702
ListOfficeFax: 305-669-8441
ListOfficeKey: 6c9d13359f6c8877f0bf41450a13992d
ListOfficeMlsId: BHSM01
ListOfficeName: Brown Harris Stevens
ListOfficePhone: 305-666-1800
ListingAgreement: Exclusive Agency
ListingContractDate: 2024-12-12
ListingId: A11707810
ListingTerms: All Cash, Conventional
LivingAreaUnits: Square Feet
LotFeatures: Less Than 1/4 Acre Lot
LotSizeUnits: Square Feet
MIAMIRE_Style: Fourplex
MIAMIRE_TypeofAssociation: Condo
MLSAreaMajor: The Zen Condo
MajorChangeTimestamp: June 3, 2025 at 02:25pm
MajorChangeType: Price Decrease
MlsStatus: Active
ModificationTimestamp: October 13, 2025 at 02:45pm
NumberOfUnitsInCommunity: 4
NumberOfUnitsTotal: 4
OnMarketDate: 2024-12-12
OriginalEntryTimestamp: December 12, 2024 at 02:21pm
OriginalListPrice: 2995000
OriginatingSystemID: miamire
OriginatingSystemKey: miamire
OriginatingSystemName: Miami Association of REALTORS®
ParcelNumber: 02-32-33-076-0010
ParkingTotal: 4
PhotosChangeTimestamp: February 5, 2025 at 07:48pm
PhotosCount: 24
Possession: Funding
PostalCodePlus4: 2135
PreviousListPrice: 2995000
PriceChangeTimestamp: June 3, 2025 at 02:25pm
PropertyCondition: New Construction, Substantially Remodeled
PublicSurveyRange: 32
PublicSurveySection: 33
PublicSurveyTownship: 32
RentIncludes: Pest Control, Sewer, Trash Collection, Water
Roof: Curved/S-Tile Roof
Sewer: Public Sewer
ShowingContactType: Agent
ShowingInstructions: Call Listing Agent
SourceSystemKey: 404402269
StateOrProvince: FL
StatusChangeTimestamp: December 12, 2024 at 02:21pm
Stories: 2
StoriesTotal: 2
StreetName: Bay Rd
StreetNumber: 1622
StreetNumberNumeric: 1622
StructureType: Quadruplex, Fourplex
SyndicationRemarks: Zoned for short term leasing! This wonderful 4-plex sits in one of South Beach’s most convenient locations, just a few blocks from Sunset Harbour and Lincoln Road. The building was fully renovated in 2005 and has had continual updates. Four parking spaces, fully gated, security lighting, central AC. Consisting of two 3bd/2ba and two 2 bd/1ba. One of the two bedrooms has a newly rebuilt outdoor deck. Recertification completed in 2020. Currently being leased on long terms basis ready for smart investor to come in and manage to best use. Great Opportunity! Additional docs attached.
TaxAnnualAmount: 9343
TaxLegalDescription: THE ZEN CONDO UNIT 101 UNDIV 28% INT IN COMMON ELEMENTS OFF REC 23691-0702 COC 23669-1812/25766-3940 0605 1
TaxYear: 2024
WindowFeatures: Blinds, Drapes
YearBuilt: 1950
YearBuiltDetails: New Construction
Zoning: 4100

Other Features
Exterior Cat Walk
Has Cooling System
Has Heating System
Home Owners Association

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$ 14,843.24
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 11,224.49

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