1420 16th St Active Save Request In-Person Tour Request Virtual Tour
Miami Beach,FL 33139
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,460 sqft
Price per Sqft $650
Subdivision Bay Lincoln
MLS Listing ID A11659446
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1955
Annual Tax Amount $26,840
Tax Year 2023
Property 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.
The building is well maintained with hurricane doors and windows, upgraded electrical, energy-efficient water heaters, and new PVC piping for water and sewer. 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.
Location
State FL
County Miami-dade
Community Bay Lincoln
Area 32
Interior
Heating Electric
Cooling Wall/Window Unit(s)
Flooring Tile,Wood
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat,Tile
Total Parking Spaces 4
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 02-32-33-023-0130
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional