Bay Lincoln, 1420 16th St Miami Beach, FL, 33139

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.