FL > Miami Beach > Bay Lincoln
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
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4,460 SqFt
Active

1420 16th St Miami Beach, FL 33139

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Tasha Rawls

Tasha Rawls

+1(704) 343-1990

UPDATED:

01/20/2025 10:05 PM

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 A11659446

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1955

Annual Tax Amount $26,840

Tax Year 2023

Property Description

Sought after and desirable South Beach location on tranquil street. Income-producing two-story fourplex steps away from the bay and Lincoln Road. Total of 2 2 bed / 2 bath units and 2 2 bed 1 bath units Zoned RM-2. Can be used for SHORT TERM rentals as a lucrative Air B n B business with a BTR license. Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels.
No REPAIRS NECESSARY* Units larger than tax roll
Each unit has a balcony or private porch. Total of four parking spaces. Fully rented with long-term tenants. DO NOT DISTURB TENANTS* Buyer must show proof of funds and sign NDA to obtain financials.

Location

State FL

County Miami-dade

Community Bay Lincoln

Area 32

Interior

Heating Electric

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat,Tile

Total Parking Spaces 4

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 02-32-33-023-0130

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Lifestyle International Realty

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agent

Tasha Rawls

Broker

+1(704) 343-1990

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1420 16th St