1420 16th St ,Attached, Quadruplex, Bay Lincoln for Sale

1420 16th St for Sale

Price $2,900,000.00

• Lot size 4460
• Year Build 1955
• Waterfront
• Zip 33139
• Style Attached
• Parking Description
• Pool Yes
• Status Active

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.

BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4

Less Than 1/4 Acre Lot

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.

City:Miami Beach,Zoning:4000,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2023,Flooring:1:Wood,Latitude:25.788742,Cooling Y N:1,Heating Y N:1,List Price:2900000,Listing Id:A11659446,Longitude:-80.1441011,Mls Status:Active,Year Built:1955,Living Area:4460,Postal Code:33139,Street Name:16th St,Coordinates:1:25.788742,Photos Count:11,Building Name:BAY LINCOLN,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Bay Lincoln,On Market Date:2024-09-15,Parcel Number:02-32-33-023-0130,Parking Total:4,Property Type:Residential Income,Rent Includes:1:Trash Collection,2:Water,Stories Total:2,Street Number:1420,M I A M I R E_ Style:Fourplex,Public Remarks: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Lifestyle International Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2152,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:BAY LINCOLN,Tax Annual Amount:26840,Unparsed Address:1420 16th St, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:4460,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:650.2242,Original List Price:2900000,Public Survey Range:32,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,Listing Contract Date:2024-09-15,Originating System I D:miamire,Public Survey Section:33,Showing Instructions:Call Listing Agent,Street Number Numeric:1420,Tax Legal Description:BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:3678,M I A M I R E_ Internet Remarks:Income Producing Fourplex steps away from the bay and Lincoln Road. DO NOT DISTURB TENANTS. NO REPAIRS NECESSARY. Contact Listing agent,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-09-15,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:650.22,Internet Automated Valuation Display Y N:1,