Bay Lincoln Fourplex For Sale
1420 16th St, Miami Beach, FL 33139

$2,900,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11659446
  • Virtual Tour: YES
  • List Price: $2,900,000
  • Living Area: 4460 Ft² / 414 M²
  • Price Per Foot/Meter: $650 / $6,999
  • Taxes:$26,840
  • Year Built:1955
  • Listing Date:September 15, 2024
  • Days On Market:138

Description


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


  • Floor:Tile, Wood
  • Exterior Feature:

Location


Price History


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker