Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 4,460 ft2/414.35 m2
- Price Per: $650.22 ft2/$6,998.96 m2
- Type: Multifamily
- Built: 1955
- HOA: No info
- MLS Number: A11659446
- View No info
- On Site: 157 days
- Updated: 30 Days Ago
- Page Views: 6
Sought after and desirable South Beach location on tranquil street. Income-producing two-story fourplex steps away from the bay and Lincoln Road. Total of 2 2 bed / 2 bath units and 2 2 bed 1 bath units Zoned RM-2. Can be used for SHORT TERM rentals as a lucrative Air B n B business with a BTR license. Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels. No REPAIRS NECESSARY* Units larger than tax roll Each unit has a balcony or private porch. Total of four parking spaces. Fully rented with long-term tenants. DO NOT DISTURB TENANTS* Buyer must show proof of funds and sign NDA to obtain financials.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Bike Storage
- Clubhouse / Clubroom
- Elevators
- Laundry
- Pool
- Recreation Facilities
- Storage
- Trails
- Trash Chute
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 09/15/2024 | Listed | $2,900,000.00 | $650.22 ft2/$6,998.96 m2 |
Features
Property Details for 1420 16th St, Miami Beach, FL 33139
Lincoln, Multifamily current status is Active, 1420 16th St is a Multifamily in , Miami Beach, FL 33139 with property MLS ID# A11659446.
This Multifamily has been listed on Best of Luxury Realty since September 15, 2024 and is currently priced at 2,900,000. This property was built in 1955.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: No info
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Electric
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile, Wood
- Windows/Treatment: No info
- Construction Type: Block
- Year Built: 1955
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Lincoln
- Subdivision Name: BAY LINCOLN
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 09/15/2024
- Area: 32
- Brokered By: Lifestyle International Realty
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $26,840.00 (2023)
Nearest Schools
Mortgage Calculator
Property Price:
$2,900,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Lifestyle International Realty. This listing has been viewed 6 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Special Markers:
*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.