1420 16th St, Miami Beach FL 33139
What's special
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.
Facts & features
Interior
- Bedrooms:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- Electric
- Wall/Window Unit(s)
- Total interior livable area:4460sqft
Property
- Garage spaces:
- Stories:2
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:Acres
- Zoning:4000
Construction
- New construction:NoYes
- Year built:1955
Utilities & green energy
- Sewer:Public Sewer
- Water:
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:June 8, 2025
Mortgage calculator
Calculations are provisional. For a final offer, seek personal advice.
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