1420 16th St, Miami Beach FL 33139

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. 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. 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.

This quadruplex home located at 1420 16th St, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 171 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is 4460 square feet. It was built in 1955. 1420 16th St, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.