Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
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$ 2,900,000
Est. payment | /mo

4,460 SqFt


$ 2,900,000
Est. payment | /mo

4,460 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,460 sqft

Price per Sqft $650

Subdivision Bay Lincoln

MLS Listing ID A11818124

Style Fourplex

HOA Y/N No

Year Built 1955

Annual Tax Amount $26,840

Tax Year 2023

Property Sub-Type Quadruplex

Property Description

Prime South Beach Development Opportunity! Miami Beach. Private Bay-access street steps to Lincoln Road. Income-producing 4-plex with immediate cash flow + major redevelopment potential. Zoned RM-2: Build up to 60 ft (6 stories), 2.0 FAR, approx. 10,000 sq ft buildable area, up to 10 units. Permitted uses: luxury multifamily, townhomes, boutique hotel, or short-term rentals (with BTR). Features (2) 2BR/2BA & (2) 2BR/1BA units, hurricane-impact windows/doors, upgraded electrical, new PVC pipes, balconies/porches, 4 parking spaces. Fully leased with long-term tenants. Well-maintained, no repairs needed. Being sold as part of an assemblage along with 1580 Bay Rd, 33139, and 1410 16 St, Miami Beach, 33139. MLS # A11847604 Total 24 bedrooms, 18 baths. Total building sqft 13,380.

Location

State FL

County Miami-dade

Community Bay Lincoln

Area 32

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Hardwood, Tile, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-33-023-0130

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11818124

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Lifestyle International Realty
Joseph Green

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1420 16th St