Lincoln Sub Business For Sale
531 16th St, Miami Beach, FL 33139

$1,000,000
Sold
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A11191442
  • Virtual Tour: YES
  • List Price: $1,100,000
  • Sold Price: $1,000,000
  • Taxes:$36,639
  • Listing Date:April 19, 2022
  • Sold Date: August 9, 2022
  • Days On Market:111

Description


Prime commercial lot with 25 years remaining of GROUND LEASE. Lot is 8,000-SF, zoned RM-1, multifamily. The 14-unit apartment building reverts to the landowner at the end of the lease on 10/1/2047. This corner commercial property is in the heart of South Beach, close to everything Miami Beach has to offer; one block to Lincoln Road and a few blocks to the beaches, Miami Beach Convention Center, Collins Ave shops, Espanola Way, many parks and recreation centers, and much more.

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker