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.
- Swimming Pool
- Heating System
- Cooling System
- Parking
- Architectural Style
- Roof:
- Tile, Flat
- Sewer
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33139
- Street:
- 1420 16th St, Miami Beach, Florida 33139
- Longitude:
- W81° 51' 21.4''
- Latitude:
- N25° 47' 19.5''
- Building Area:
- 4,460 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 428
- DOM:
- 247
- Flooring:
- Wood, Tile, Hardwood
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional
- Lot Features
- Parcel Number:
- 02-32-33-023-0130
- Subdivision Name:
- BAY LINCOLN
- Tax Annual Amount:
- $26,840
- Tax Year:
- 2023
- Utilities
- Virtual Tour:
- Click Here
Residential Income For Sale
1420 16th St, Miami Beach, Florida 33139, Miami Beach, Florida 33139
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,900,000
- Square Footage :
- 4,460 Sqft
- Year Built :
- 1955
- MLS # :
- A11818124
- Property Sub Type :
- Quadruplex
