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. The building is well maintained with hurricane doors and windows, upgraded electrical, energy-efficient water heaters, and new pvc piping for water and sewer. 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.
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Shana Santalla • Lifestyle International Realty • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$400/ft²
$500/ft²
$600/ft²
$800/ft²
Unit 1420 16th St – Asking
$650/ft²
(+13%) from Closed Medium $/ft²
Closed Medium $/ft²
$576/ft²
Community $/Price Range (Closed) $576/ft² – $576/ft²
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