Excellence in South Florida Real Estate
1420 16th St, Miami Beach, 33139
Miami Beach
1420 16th St, Miami Beach, 33139
Miami Beach
Quick Details
MLS #: A11659446
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
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MLS #:
A11659446
-
Price:
$2,875,000
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Property Size:
4460 sqft
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Year Built:
1955
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Property Type:
Quadruplex
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Property Status:
Buy
Listed by Shana Santalla · Lifestyle International Realty
- Updated on May 2, 2025 at 8:02 pm
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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