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.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.76 miles
Public District Grades PK-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.13 miles
Public District Grades PK-5
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.92 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.89 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school3.92 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.02 miles
Public Magnet Grades PK-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.06 miles
Public District Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school2.84 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school2.89 miles
The neighbors living near this home have an average income of $56,096. The most common annual income of people living in Miami Beach, FL is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home is located at 1420 16th St in Miami Beach, FL and zip code 33139. This 4,460 square foot home was built in 1955. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $2,900,000.
Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.