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Multifamily in Miami Beach, FL 33139Bay Lincoln, 1440 16th St
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Closed
$1,800,000
Beds
5,100
SqFt$353
$/SqFtSold - Jan 17, 2020
Multifamily
Built in 1955
Fourplex
Balcony
INVESTMENT OPPORTUNITY for an investor, owner-operator or development opportunity: Airbnb compliant 4-plex building located on a quiet cul-de-sac next to Biscayne Bay. Walking distance to Lincoln Road restaurants and retail shops in South Beach. The building has (4) updated 2 bedrooms 2 bath apartments currently owner-occupied and earning income on Airbnb. The building has no HOA, allowing a rental income opportunity through short term or long term lease options. All new PGT impact windows and doors recently installed along with new high-efficiency split air conditioner systems in two of the four units. The property next door is also available for sale MLS #A10768644 for a combined income of 8 units or for a new development site. Sold together or individually.
MLS Number: A10769182
On Site: 2511 Days
Updated: 26 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony
Interior, Heating and Cooling
- Heating Description: Central
- Cooling Description: CentralAir
Building and Construction
- Floor Description: CeramicTile, Hardwood, 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: 2019-11-08T09:42:42.000-00:00
Taxes, Fees & More
- Taxes: 22985
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
11/06/2019
Listed
$1.8M
$353 ft2
$3,799 m2
11/06/2019
$1.8M
Event
Listed
Price Per
$353 ft2
$3,799 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ron Eppinger • Douglas Elliman • Buyer Agency Compensation .
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Scores
93
100
48
100
84
100
Community Snapshot
3,990 - 5,100
SqFt Range
1956
Year Build
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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