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.
Property Details
Price:
$2,900,000
MLS #:
A11818124
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
BAY LINCOLN
Neighborhood:
baylincoln
Listed Date:
Jun 8, 2025
Finished Sq Ft:
4,460
Total Sq Ft:
4,460
Year Built:
1955
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Flooring
Tile, Wood
Heating
Electric
Exterior
Architectural Style
Attached
Construction Materials
CBS Construction
Parking Spots
4
Roof
Flat Tile
Financial
Tax Year
2023
Taxes
$26,840
Map
Community
- Address1420 16th St Miami Beach FL
- SubdivisionBAY LINCOLN
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Subdivisions in Miami Beach
Market Summary
Current real estate data for Multi Family in Miami Beach as of Mar 12, 2026
53
Multi Family Listed
172
Avg DOM
2,147
Avg $ / SqFt
$2,934,910
Avg List Price
Property Summary
- Located in the BAY LINCOLN subdivision, 1420 16th St Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $2,900,000 To schedule a showing of MLS#a11818124 at 1420 16th St in Miami Beach, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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