Home » Miami Beach » 1420 16th St, Miami Beach, FL 33139 | A11659446

Fourplex (Quadruplex) For Sale 1420 16th St, Miami Beach, FL 33139

$2,900,000

Property Highlights

Listing ID A11659446 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 4,460 Sqft/414.35 m2 approx. Building Area 4,460 Sqft/414.35 m2 approx. Year Built 1955 Time of this property on Rebonus 86 Day(s)

1420 16th St, Miami Beach, FL 33139

Property 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. 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.

Useful Info

Original List Price:$2,900,000

Lease Details

Rent Includes:
  • Hot Water
  • Trash Collection
  • Water

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Fourplex
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
  • Wood
Stories:2

Property Features

Waterfront:No
Roof:
  • Flat
  • Tile
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Electric

Taxes and Expenses

Tax Annual Amount:$26,840

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects No Homestead Tax

Terms

Documents Available:
  • Financials
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:BAY LINCOLN
Senior Community:No

Parking

Parking Total Spaces:4
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available

More Details

Other Information:
Tax InformationTax Reflects No Homestead Tax
Flood ZoneAE
Type of AssociationNone
Style Fourplex
FEMA Flood Zone DesignationsAE
Municipal Code2
Subdivision Number23

Zoning and Legal

Tax Legal Description:BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4
Real Estate Folio Number (Parcel Number):02-32-33-023-0130
Zoning Description:4000
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:September 15, 2024 11:10 am
On Market Date:September 15, 2024
Price Change Date Time:September 14, 2024 12:30 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:September 15, 2024 11:10 am
Status Last Changed:September 15, 2024 11:10 am
Photos Last Modified:September 15, 2024 3:20 pm
Last Modified:September 30, 2024 8:44 pm
Days on the Market Reference Date:September 15, 2024
Days on the Market (updated on Last Modified*):0
Cumulative Days on the Market (updated on Last Modified**):0

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:11
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Lifestyle International Realty
Universal Property Id:US-12025-N-0232330230130-R-N

Location

Show Property Address:Yes
Street Name:16th St
Street Number:1420
Street Address:1420 16th St
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1420 16th St, Miami Beach, FL 33139
Latitude:N25° 47' 19.5''
Longitude:W81° 51' 21.2''

Neighborhood

Postal City:Miami Beach

Property Map