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
6/13/2025
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
$2,750,000.00
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
Show More Features
Price history
Learn about the price history of 1420 16th St
Virtual Tour
Take a 3D tour of this property
Login to view 3D Virtual Tour
Real estate trends
View trends of price in 1420 16th St, Miami-Dade 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
20.5%100%
30 Years
Estimated Monthly Payment
$11,077
Cash Flow Analysis
Mortgage Payment:
$11,077
Monthly Payment:
$13,313.67
Break Even Down Payment:
100%
Cash Flow
$0
Similar listings
Shop homes for sale similar to 1420 16th St, Miami-Dade
Discover this impressive 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 $2,750,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 1420 16th St
What is the square footage of this property?
How many bedrooms and bathrooms does this home have?
Does this property have parking available?
What are annual taxes for 1420 16th St?
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.