1610 Bay Rd Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $14,939/month
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
About This Home
1610 Bay Rd, a 4-unit apartment building currently operating as a short-term rental. Located in the heart of South Beach’s vibrant waterfront corridor, 1610 Bay Rd is well positioned within one of Miami Beach’s most sought after sub-markets. Bay Rd runs parallel to the western-point of South Beach, positioning the asset steps away from Biscayne Bay, Lincoln Road, and Sunset Harbor. Built in 1950, the property sits on a lot approximately0.12 acres zoned medium intensity RM-2. All four units currently operate as short-term rentals and consist of fully-furnished 2 bedroom & 1 bath apartments with on-site laundry for guests. A future investor would receive a turnkey short-term rental asset within Miami’s leading destination for tourism. Additionally, 1610 Bay Rd’s attractive unit size and premier location offers a strong rental market as a traditional multi-family asset. With comparable rates in the area ranging from $3.50-$4.00 per Sq Ft, an investor has the unique opportunity to continue operations as a short-term rental, combine long-term and short-term use, or fully convert the property into long-term apartments.
Listing Agent
Landy Toledo
Landy Toledo LLC License #0203706 Listed on: 01/26/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,566
Year Built
- Built in 1950
Home Design
- Concrete Roof
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Additional Features
- 2-Story Property
- Property is zoned 4000
Community Details
- No Home Owners Association
- Lincoln Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-33-008-0120
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $29,615 | $1,576,000 | $1,575,000 | $1,000 |
| 2024 | $28,181 | $1,576,000 | $1,575,000 | $1,000 |
| 2023 | $28,181 | $1,444,850 | $0 | $0 |
| 2022 | $24,680 | $1,313,500 | $1,312,500 | $1,000 |
| 2021 | $25,361 | $1,313,500 | $1,312,500 | $1,000 |
| 2020 | $22,608 | $1,261,000 | $1,260,000 | $1,000 |
| 2019 | $21,019 | $1,208,500 | $1,207,500 | $1,000 |
| 2018 | $19,952 | $1,313,500 | $1,312,500 | $1,000 |
| 2017 | $19,267 | $836,587 | $0 | $0 |
| 2016 | $20,168 | $760,534 | $0 | $0 |
| 2015 | $13,698 | $691,395 | $0 | $0 |
| 2014 | $13,922 | $685,232 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/26/2026 01/26/26 | For Sale | $2,400,000 | +61.1% | -- | |
| 11/10/2020 11/10/20 | Sold | $1,490,000 | -0.7% | $359 / Sq Ft | View Prior Sale |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- | |
| 11/06/2020 11/06/20 | For Sale | $1,500,000 | +82.9% | $362 / Sq Ft | |
| 03/29/2013 03/29/13 | Sold | $820,000 | -7.3% | $225 / Sq Ft | View Prior Sale |
| 03/11/2013 03/11/13 | Pending | -- | -- | -- | |
| 02/15/2013 02/15/13 | For Sale | $885,000 | -- | $243 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11952743
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