new - 5 days on rocket

1622 Bay Rd, Miami Beach, FL, 33139

$2,995,000

0 Baths
4,042 SqFt
$741/SqFt
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #A11707810
StatusActive

About 1622 Bay Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1950
  • Stories: 2
  • Living Area: 4,042 SqFt

Listing Office:

  • Office Name: Brown Harris Stevens
  • Office Phone: (305) 726-0100
  • Listing Agent: Lisa Van Wagenen

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 1622 Bay Rd
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000
  • Price Per SqFt: $741/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

1622 Bay Rd vs Miami Beach

5 DAYS ON ROCKET

-92 Days

$2,995,000

+$2.3M More

$741/SqFt

+$136 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $136/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11707810

Listing Office:

  • Office Name: Brown Harris Stevens
  • Office Phone: (305) 726-0100
  • Listing Agent: Lisa Van Wagenen

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4455690
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-4455691
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.19 miles

  • Public District Grades PK-5

school-card-donut-4455692
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,509. Most Miami Beach, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesFloridaMiami-Dade CountyMiami Beach331391622 Bay Rd

This home is located at 1622 Bay Rd in Miami Beach, FL and zip code 33139. This 4,042 square foot home was built in 1950. It has been listed on Rocket Homes since December 12, 2024 and is currently priced at $2,995,000.

In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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