$2,900,000

1420 16th St, Miami Beach, FL 33139

4,460 sqft

Multi-Family Home
Built in 1955
—— sqft lot
—— car garage
$650/sqft
Listed 4 months ago

Property 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. Being sold as part of an assemblage along with 1580 Bay Rd, 33139, and 1410 16 St, Miami Beach, 33139. MLS # A11847604 Total 24 bedrooms, 18 baths. Total building sqft 13,380.

Listing Status:: Active
Date Added:: June 8, 2025 at 05:00AM
Listing Office:: Lifestyle International Realty : 305-809-8085
Listing Agent:: Shana Santalla : 305-205-8623
MLS ID:: A11818124

Flooring: TileWood
A/C: Wall/Window Unit(s)
Heating: Electric

Style: Attached

Roofing: Flat Tile
General: CBS Construction2

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: 4000BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 402-32-33-023-0130

Sewer: Public Sewer

Source: Miami Association of REALTORS®

This listing courtesy of Shana Santalla, Lifestyle International Realty

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Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Fienberg/Fisher K-8 Center

1420 Washington Ave, Miami Beach, FL, 33139

Grades PK-5

0.76 miles away

Nautilus Middle School

4301 N Michigan Ave, Miami Beach, FL, 33140

Grades 6-8

1.89 miles away

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

1.06 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.