Basic Information

  • MLS # A11818124
  • Type Quadruplex
  • Status Active
  • Subdivision/Complex Bay Lincoln
  • Year Built 1955
  • Total Sqft 4,460
  • Date Listed 06/08/2025
  • Days on Market 1
Description

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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Block
  • Parking Description
  • Roof Description Flat, Tile
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 4,460Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Hardwood, Tile, Wood
  • Heating Description Electric
  • Sqft 4,460 Sq.Ft

Property Features

  • Address 1420 16th St
  • Aprox. Lot Size 4,460
  • Architectural Style Fourplex
  • City Miami Beach
  • Construction Materials Block
  • County Miami- Dade
  • Furnished Info no
  • Levels Two
  • Listing Terms Cash, Conventional
  • Lot Features Less Than Quarter Acre
  • Occupant Type Call Agent
  • Pool Features None
  • Possession Close Of Escrow
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Roof Flat, Tile
  • Sewer Description Public Sewer
  • Stories 2
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info Bay Lincoln
  • Tax Amount $26,840
  • Tax Legal desc B A Y L L I N C O L N P B58-86 L O T13 L O T S I Z E50.00 X100.00 O R16654-129601954
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Quadruplex
  • Year Built Details Resale

1420 16th St

Miami Beach, FL 33139

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