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Gelfand Realty Miami Properties for Sale - Multi Family for Sale

1420 16TH ST, MIAMI BEACH, FL 33139

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Multi Family - BAY LINCOLN for Sale

1420 16TH ST, MIAMI BEACH, FL 33139

Asking Price$2,900,000 Change Price$150,000

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  • Days on market:

    92 day(s)

  • Adjusted Area:

    3678 sqft

  • Original Price:

    $2,875,000

  • Price per sqft:

    $650.22

  • Tax Legal Description:

    BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4

  • Tax Year:

    2023

  • Property Type:

    Multi Family

  • Style:

    Fourplex

  • Construction Type:

    Cbs Construction

  • Roof:

    Flat Tile

  • Cooling Description:

    Wall/Window Unit(s)

  • Heating Description:

    Electric

  • Floor Description:

    Tile Wood

  • Lot Features:

    Less Than 1/4 Acre Lot

  • Type of Association:

    None

Description

$2,900,000 • living size area 4460 sqft

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.

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