FOR SALE

1420 16th St

Miami-dade, Bay Lincoln, Miami Beach, FL

Asking

$2,900,000

BTC

43.796

ETH

1,513.05

Home Size
4,460 sq. ft.
Year Built
1955
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.

LOADING

Location

Market Area
Miami-Dade
Neighborhood
BAY LINCOLN

Agents

Shana Santalla

+1 310 910 1722

Roberto Guzman

+1 310 910 1722

Contact Email

[email protected]