Basic Information

  • MLS # A11191442
  • Type Commercial
  • Status Closed
  • Subdivision/Complex LINCOLN SUB
  • Total Sqft 8,000
  • Date Listed 04/19/2022
  • Days on Market 112
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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Commercial

Interior Features

  • Adjusted Sqft 8,000Sq.Ft
  • Sqft 8,000 Sq.Ft

Property Features

  • Address 531 16th St
  • Aprox. Lot Size 8,000
  • Furnished Info no
  • Listing Terms Cash
  • HOA Fees $0
  • Subdivision Complex
  • Subdivision Info LINCOLN SUB
  • Tax Amount $36,639
  • Tax Legal desc LINCOLN SUB PB 9-69 LOT 10 BLK 52 A LOT SIZE 50.000 X 160 74R-86189 OR 11769-105 0483 4
  • Tax Year 2021
  • Terms Considered Cash
  • Type of Property Commercial

531 16th St

Miami Beach, FL 33139

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