Bay Lincoln, 1420 16th St Miami Beach, FL 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: 202 Days
Updated: 31 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. 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.

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

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Unit 1420 16th St – Asking

$650/ft²

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Closed Medium $/ft²

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