Excellence in South Florida Real Estate

1420 16th St, Miami Beach, 33139

  • $2,875,000

Buy

Miami Beach

1420 16th St, Miami Beach, 33139

Miami Beach
  • $2,875,000

Quick Details

MLS #: A11659446
  • Property Type
  • Quadruplex
  • 4460
  • sqft
  • 1955
  • Year Built

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 & (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.

  • Address 1420 16th St
  • City Miami Beach
  • State/county Florida
  • Zip/Postal Code 33139
  • Area Miami-dade County

Details

  • MLS #: A11659446
  • Price: $2,875,000
  • Property Size: 4460 sqft
  • Year Built: 1955
  • Property Type: Quadruplex
  • Property Status: Buy
Listed by Shana Santalla · Lifestyle International Realty - Updated on May 2, 2025 at 8:02 pm

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For more information about this Quadruplex for Buy currently listed for $2875000 located in 1420 16th St Miami Beach, Florida 33139 please call our real estate office at 1-(305) 728-0840

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