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. 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.