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$2,900,000
For Sale

1420 16th St,

Miami-Dade

Listed on June 8, 2025

Quadruplex

MLS® # A11818124
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$4,460 sqft
Parkings
4
Maintenance Fees
-
Annual Tax
$26,840

Description

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.

Lifestyle International Realty

Features & Details

Learn about the features and details of 1420 16th St

Property Details

  • Property Type
    Quadruplex
  • Living Area
    4,460 sqft
  • Year Built
    1955
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $26,840.00
  • List Date
    6/8/2025
  • Updated
    7/28/2025
  • Last Checked
    Recent
  • MLS Number
    #A11818124
  • Brokerage
    Lifestyle International Realty
  • Postal Code
    33139
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $2,900,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Electric
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2023
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1420 16th St

Virtual Tour

Take a 3D tour of this property

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 1420 16th St

Mortgage Calculator
Estimate monthly payments for 1420 16th St
$0
20.0%
$2,900,000
1%
5.25%
10%
Estimated Monthly Payment

$13,903

Cash Flow Analysis
Mortgage Payment:
$13,902.55
Monthly Payment:
$16,139.21
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this beautiful quadruplex in the heart of Miami Beach. This well-appointed property offers 4,460 square feet of living space. Originally built in 1955. Offered at $2,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1420 16th St

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1420 16th St