Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
Miami Beach, FL 33139,1420 16th St
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

4,460 SqFt


$ 2,900,000
Est. payment | /mo

4,460 SqFt

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.
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.

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

Waterfront No

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

Learn More About LPT Realty

NinaMichelle Sanders

Realtor® | License ID: 3472672

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1420 16th St