1420 16TH ST, Miami Beach
$2,900,000 USD
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| Address | 1420 16TH ST, Miami Beach |
| Building Name | BAY LINCOLN |
| Type of Property | Quadruplex |
| Property Style | Quadruplex |
| Price | $2,900,000 |
| Previous Price | $2,750,000 (22 days ago) |
| Property Status | Active |
| MLS Number | A11818124 |
| Living Area | 4460 |
| Year Built | 1955 |
| Parking Space Number | 4 |
| Folio Number | 02-32-33-023-0130 |
| Zoning Information | 4000 |
| Days on Market | 114 |
Detailed Description: 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 and (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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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1420 16TH ST |
| Section | 33 |
| Zip Code (4 Digits) | 2152 |
Financial Information
| Price | $2,900,000 |
| Price per Foot | $0 |
| Previous Price | $2,750,000 |
| Folio Number | 02-32-33-023-0130 |
| Tax Amount | $26,840 |
| Tax Year | 2023 |
Full Descriptions
| Detailed Description | 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 and (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. |
| Roof Description | Flat Tile |
| Floor Description | Tile, Wood |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Electric |
| Sewer Description | Public Sewer |
Property parameters
| Living Area | 4460 |
| Zoning Information | 4000 |
| Year Built | 1955 |
| Type of Property | Quadruplex |
| Style | Quadruplex |
| Building Name | BAY LINCOLN |
| Development Name | BAY LINCOLN |
| Construction Type | CBS Construction |
| Stories Number | 2.000 |
| Parking Space Number | 4 |
| Listed with | Lifestyle International Realty |