For sale
  • Price increase: $150K (7/28)
    $2,900,000

    1420 16th St, Miami Beach, FL 33139

    8beds
    6baths
    4,460sqft
    : 
    Quadruplex
    Built in 1955
    -- sqft lot
    $2,665,100 Zestimate®
    $650/sqft
    $-- HOA

    What's special

    Private bay-access street
    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. The street does not flood. Proof of funds + NDA required. Do not disturb tenants. Total 24 bedrooms, 18 baths. Total building sqft 13,380.
    82 days
    on Zillow
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    211
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