1420 16th St, Miami Beach FL, 33139

Active

1420 16th St

Miami Beach FL, 33139

$2,900,000

$650.22 per sqft

Active

4,460 sqft

Multi-family

Built in 1955

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.
The building is well maintained with hurricane doors and windows, upgraded electrical, energy-efficient water heaters, and new PVC piping for water and sewer. 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.

A11659446

MLSⓇ ID

September 15, 2024

Listed

January 14, 2025

Updated

Map

1420 16th St
Miami Beach FL, 33139

Interior Features

Total Stories: 2
Floor Description: Tile, Wood
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Electric

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot
Architectual Style: Attached
Roof: Flat Tile
Sewer: Public Sewer

Other Property Details

Area Name: Bay Lincoln
Taxes: $26,840
Tax Frequency: Annually
Garage: No
Parking Total: 4
View: No
County: Miami-Dade County
Pool: No
Zoning: 4000

Listed by: Lifestyle International Realty
Listing Contact: 305-205-8623

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 11:09 PM UTC, 1/14/2025.