Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

1601 Bay Rd #4, Miami Beach, FL 33139

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!
1601 Bay Rd #4

1601 Bay Rd #4, FL 33139

$469,000
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Virtual Tour: view
Total Sq./Ft.: 1220
Bedrooms: 3
Baths Full: 2
Year Built: 1965
Features: Other Interior Features
Pets Allowed: Yes
Style: Condo 1-4 Stories
Est. Taxes $ Yr.: $4,327
Property type: Condo/Co-Op
Neighborhood: Miami Beach
Zip: 33139
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Please Call: 718-376-0606
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Listing courtesy of One Sotheby's International Realty | MLS: A10634476
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