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Property 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. Being sold as part of an assemblage along with 1580 Bay Rd, 33139, and 1410 16 St, Miami Beach, 33139. MLS # A11847604 Total 24 bedrooms, 18 baths. Total building sqft 13,380.

Features
4
Address Map
FL
Miami-Dade County
Miami Beach
33139
1420 16th St
BAY LINCOLN
W81° 51' 21.3''
N25° 47' 19.5''
BAY LINCOLN
MLS Addon
Attached
All Cash, Conventional
1
Hot Water, Water, Trash Collection
2
Quadruplex, Fourplex
$26,840
2023
Click Here
4000
4
09/06/2025 13:27:59

1420 16th St, Miami Beach, Florida 33139

$2,900,000
4,460 size sq.ft.
Listing ID #A11818124
Basic Details
Property Type Residential Income
Listing Type For Sale
Listing ID A11818124
Price $2,900,000
Square Footage 4,460 Sqft
Year Built 1955
Days on Market 169
Building Area 4,460 Sqft
Status Active
Property SubType Quadruplex
On Market Date 08/06/2025
Elena Beck
MiamiInvestrealty
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