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$2,895,000
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Property 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.
Full Property Details
Full Property Details for 1622 Bay Rd
General
- Price: $2,895,000
- Taxes: $9,343 (2024)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11707810
- Updated: 10/12/2025
- Added to Site: 401 day(s) ago
Rental Information
- Rent Includes: Pest Control, Sewer, Trash Collection, Water
Interior
- Flooring: Tile
Exterior
- Exterior Features: Exterior Cat Walk
Parking
- Total Spaces: 4
Location
- Area: The Zen Condo
- County: Miami-Dade County
- Subdivision: THE ZEN CONDO
- Building Name: THE ZEN CONDO
Community
- Community Name: The Zen Condo
- Association: Yes
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Curved/S-Tile Roof
- Windows: Blinds, Drapes
- Stories/Levels: 2
- Square Feet: 4,042
- Living Area: 4,042 Sq. Ft.
- Year Built: 1950
- Property Condition: New Construction, Substantially Remodeled
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4100
Financial Considerations
- Price Per Sq. Ft.: $716.23
- Assoc Fee Freq.: Monthly
- Tax Amount: $9,343
- Tax Year: 2024
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Financial Statement, Copy Of Lease(S), Other Available Information, Rent Rolls
- Legal Description: THE ZEN CONDO UNIT 101 UNDIV 28% INT IN COMMON ELEMENTS OFF REC 23691-0702 COC 23669-1812/25766-3940 0605 1
- Property ID: 02-32-33-076-0010
Listed by Brown Harris Stevens
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Schools
Schools serving 1622 Bay Rd
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.8 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1622 Bay Rd
Date
Details
Price
Change
Source
6/03/2025
Price Reduced
$2,895,000
-3.34%
MLS
12/12/2024
Listed
$2,995,000
455.66%
MLS
9/07/2016
Sold
$539,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1622 Bay Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,732
2%
$517,914
—
2023
$9,512
12%
$517,914
15%
2022
$8,462
5%
$450,360
8%
2021
$8,051
—
$417,000
—
2019
$8,081
3%
$417,000
—
2018
$7,845
-4%
$417,186
-3%
2017
$8,190
62%
$430,089
65%
2016
$5,063
1%
$260,660
5%
2015
$5,026
9%
$249,320
10%
2014
$4,605
10%
$226,655
10%
2013
$4,190
—
$206,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1622 Bay Rd
1622 Bay Rd, Miami Beach, FL 33139 (MLS# A11707810) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1622 Bay Rd is currently listed for $2,895,000 and was received on December 12, 2024. Want to learn more about 1622 Bay Rd? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

