1420 16th St ,Attached, Quadruplex, Bay Lincoln en Venta

1420 16th St en Venta

Precio $2,875,000.00

• Tamaño de lote 4460
• Año de construcción 1955
• Frente al agua
• Zip 33139
• Estilo Attached
• Parking Descripción
• Piscina Yes
• Estado Active

Descripción

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.

Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels. Height: Up to 100 feet (approx. 10 stories) FAR: 2.0 (10,000 sq ft buildable area) Lot Coverage: 45% (2,250 sq ft per floor footprint) Uses: Luxury multifamily, townhouses, boutique hotel, short-term rentals (with approval). Income-producing two-story fourplex steps away from the BAY and Lincoln Road.

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

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.

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:2875000,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:13,Building Name:BAY LINCOLN,Days On Market:227,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: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.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,List Office Name:Lifestyle International Realty,Private Remarks:Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels. Height: Up to 100 feet (approx. 10 stories) FAR: 2.0 (10,000 sq ft buildable area) Lot Coverage: 45% (2,250 sq ft per floor footprint) Uses: Luxury multifamily, townhouses, boutique hotel, short-term rentals (with approval). Income-producing two-story fourplex steps away from the BAY and Lincoln Road.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,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:644.6188,Original List Price:2900000,Previous List Price:2900000,Public Survey Range:32,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Syndication Remarks: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.,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:644.62,Internet Automated Valuation Display Y N:1,