1420 16th St, Miami Beach, FL 33139

Local realty services provided by:ERA South Dade Realty
#1#2#3
1420 16th St,Miami Beach, FL 33139
$2,900,000
Virtual Tour
  • - Beds
  • - Baths
  • 4,460 sq. ft.
  • Multi-family
  • Active
Listed by:shana santalla
Office:lifestyle international realty
MLS#:A11818124
Source:SEFMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$650.22

About this home

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. Total 24 bedrooms, 18 baths. Total building sqft 13,380.

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Home facts

  • Year built:1955
  • Listing Id #:A11818124
  • Updated:August 15, 2025 at 09:48 AM

Rooms and interior

  • Living area:4,460 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Electric

Structure and exterior

  • Roof:Flat, Tile
  • Year built:1955
  • Building area:4,460 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$650.22
  • Tax amount:$26,840 (2023)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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