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$2,900,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 1420 16th St

General

  • Price: $2,900,000
  • Taxes: $26,840 (2023)
  • Status: Active
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11818124
  • Updated: 9/8/2025
  • Added to Site: 223 day(s) ago

Rental Information

  • Rent Includes: Hot Water, Trash Collection, Water

Interior

  • Flooring: Tile, Wood

Parking

  • Total Spaces: 4

Location

  • Area: Bay Lincoln
  • County: Miami-Dade County
  • Subdivision: BAY LINCOLN
  • Building Name: BAY LINCOLN

Community

  • Community Name: Bay Lincoln
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Flat Tile
  • Stories/Levels: 2
  • Building Size: 4460
  • Square Feet: 4,460
  • Living Area: 4,460 Sq. Ft.
  • Year Built: 1955

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 4000

Financial Considerations

  • Price Per Sq. Ft.: $650.22
  • Tax Amount: $26,840
  • Tax Year: 2023
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Financial Statement, Rent Rolls
  • Legal Description: BAYL LINCOLN PB 58-86 LOT 13 LOT SIZE 50.00 X 100.00 OR 16654-1296 0195 4
  • Property ID: 02-32-33-023-0130

Listed by Lifestyle International Realty

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Listing agents

— 1420 16th St —

  • Lifestyle International Realty

  • Lifestyle International Realty

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1420 16th St

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.8 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-81.9 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1420 16th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/28/2025
Price Increased
$2,900,000
5.45%
MLS
6/13/2025
Price Reduced
$2,750,000
-4.35%
MLS
6/08/2025
Listed
$2,875,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1420 16th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$28,206
5%
$1,501,000
—
2023
$26,840
14%
$1,501,000
20%
2022
$23,505
-3%
$1,251,000
—
2021
$24,154
4%
$1,251,000
4%
2020
$23,251
5%
$1,201,000
6%
2019
$22,060
—
$1,131,027
10%
2018
$21,987
4%
$1,028,207
-28%
2017
$21,209
3%
$1,422,094
67%
2016
$20,637
35%
$849,759
10%
2015
$15,305
-2%
$772,509
1%
2014
$15,584
2%
$767,046
3%
2013
$15,319
—
$744,404
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Lifestyle International Realty

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1420 16th St, Miami Beach, FL 33139 (MLS# A11818124) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1420 16th St is currently listed for $2,900,000 and was received on June 08, 2025. Want to learn more about 1420 16th St? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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