Miami Beach, FL 33139 1420 16th St
$2,900,000
2 more
Presented By: This listing is courtesy of Lifestyle International Realty;
Beds • 8
Baths • 6
SQFT • 4,460
Home Details
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. The street does not flood. Proof of funds + NDA required. Do not disturb tenants. Total 24 bedrooms, 18 baths. Total building sqft 13,380.
Presented By: This listing is courtesy of Lifestyle International Realty;
Interior Features for 1420 16th St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringHardwood, Tile, Wood
Heating Y/NYes
General for 1420 16th St
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingWallWindowUnits
CountyMiami-Dade
Garage Y/NNo
HOANo
HeatingElectric
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionBAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesHotWater, TrashCollection, Water
RoofFlat, Tile
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameBAY LINCOLN
Tax Annual Amount26840.0
Tax Year2023
UtilitiesCableAvailable
Virtual TourClick here
Year Built1955
Year Built DetailsResale
Zoning Description4000
Exterior for 1420 16th St
Building Area Total4460.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking4.0
Waterfront Y/NNo
Additional Details
Price History
Lissett Marencode Saballos
Realtor
