South Florida
Bay Lincoln, 1420 16th St, Miami Beach, FL 33139
$2,900,000Price
4,460SqFt
Save
Details
Save
Status:
Active
Size: 4,460 SqFt (414 m2)
Price: $650/SqFt ($6,999/m2)
Type: Multi Family
Built: 1955
MLS Number: A11818124
On Site: 51 Days
Updated: 1 Days ago
Page Views: 0
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.
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Electric
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Hardwood,Tile,Wood
- Year Built: 1955
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-06-08T02:32:36.000-00:00
Taxes, Fees & More
- Taxes: 26840
Price History
07/28/2025
Date
Price Increased
Event
$2.9M
Price
5.45%
Change Rate
$650 ft2 / $6,999 m2
Price Per
06/13/2025
Date
Price Reduced
Event
$2.8M
Price
-4.35%
Change Rate
$617 ft2 / $6,637 m2
Price Per
06/07/2025
Date
Listed
Event
$2.9M
Price
$645 ft2 / $6,939 m2
Price Per
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 Comps
$NaN/ft²
Unit 1420 16th St – Asking
$650/ft²
(0%) from Closed Medium $/ft²
Closed Medium $/ft²
$NaN/ft²
Community $/Price Range (Closed) $NaN/ft² – $NaN/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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