$2,900,000 ($650.22 per sqft)

Est. Mortgage $14,855/mo *

Quick Pre-Approval

1420 16th St, Miami Beach, FL, 33139

1420 16th St, Miami Beach, FL, 33139

1955

Fourplex

4,460 sqft

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.


Status:

Active

Type:

Multi-family

Zoning:

4000

Subdivision:

BAY LINCOLN

Heating:

Electric

Cooling:

Wall/Window Unit(s)

Parking:

4-car

Est. Taxes:

$26,840

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Pool:

None

MLS #:

A11659446


Community Info

School Info

Walk Score

Yelp



Listing courtesy of LIFESTYLE INTERNATIONAL REALTY Phone: 305-809-8085