Bay Lincoln, 1420 16th St Miami Beach, 33139

$2,900,000Price
4,460SqFt

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Size: 4,460 ft2 / 414 m2
Price: $650 ft2 / $6,999 m2
Built: 1955
MLS Number: A11659446
On Site: 79 Days
Updated: 63 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Price History
09/14/2024

Date

Listed

Event

$2.9M

Price

$650 ft2 / $6,999 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Shana SantallaLifestyle International Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$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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