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 10
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
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Lifestyle International Realty. tel: 305-809-8085
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