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Residential Income
$2,900,000
1420 16th St Miami Beach, FL

A11659446

426 of 467 for Sale
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an agent
  • Listed On:

    Sep 15, 2024
  • Days on Market:

    67
  • Year:

  • Taxes:

    $26,840 per year
  • Floor Description:

    Tile, Wood
  • Occupancy:

  • Zoning:

  • Parking:

1420 16th St Miami Beach, FL 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.

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