Bay Lincoln Multifamily Homes For SaleAirbnb

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Bay Lincoln, 1420 16th St, Miami Beach, Florida 33139, image 1
$2,900,000 $125K
  • 4,460 SqFt
  • $650/SqFt
Multifamily for sale in Bay Lincoln
1420 16th St, Miami Beach, FL 33139
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.
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Scores

Walk Score®

Walker's Paradise. Daily errands do not require a car.

93

100

Transit Score®

Some Transit. A few nearby public transportation options.

48

100

Bike Score®

Very Bikeable. Biking is convenient for most trips.

84

100

Sound Score®

No data.

N/A

Miami Beach
High-End Homes & Condos

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