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.

Features
: Electric
: Wall/window Unit(s)
: 4
: Tile, Wood
: Less Than 1/4 Acre Lot
: Flat Tile
: Public Sewer
Address Map
FL
Miami-Dade County
Miami Beach
33139
1420 16th St
BAY LINCOLN
0
W81° 51' 21.2''
N25° 47' 19.5''
BAY LINCOLN
MLS Addon
: Attached
: Cbs Construction
171
: All Cash, Conventional
: Water, Trash Collection, Hot Water
2
: Quadruplex, Fourplex
$26,840
2023
4000

Residential Income For Sale

1420 16th St, Miami Beach, Florida 33139

4,460 Sqft
$2,900,000
Listing ID #A11659446
Basic Details
Property Type : Residential Income
Property SubType : Quadruplex
Listing Type : For Sale
Listing ID : A11659446
Price : $2,900,000
Square Footage : 4,460 Sqft
Year Built : 1955
Building Area : 4,460 Sqft
Status : Active
Agent info
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