1420 16th St Active

Miami Beach,FL 33139

$ 2900000

- Bed

0 Bath

4460 SqFt


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

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

Waterfront No

Roof Type Flat,Tile

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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