1420 16th St Miami Beach, FL 33139

$2,900,000
4,460 sqft
$650 / sqft
Multi-Family

Property details

About 1420 16th St

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. Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels. 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.

Highlights

Home typeQuadruplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size4,460 sqft
Year built1955
MLS #A11659446

Virtual tour

Summary

  • MLS Number: A11659446
  • MLS Name: SEFMIAMI
  • Office Name: Lifestyle International Realty
  • Office Phone: (305) 809-8085
  • Office Email: info@lifestyleintrealty.com
  • Listing Agent: Shana Santalla

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 9:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$2,900,000

1420 16th St

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Price information

Property sales

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Tax history

YearAssessmentProperty Tax
2023$1,501,000$26,840
2022$1,251,000$23,505
2021$1,251,000$24,154
2020$1,201,000$23,250
2018$1,028,207$21,986
2017$1,422,094$21,208

History based on county public records data.

Nearby schools

5

Fienberg/Fisher K-8 Center

Public District PK-5

0.8 mi

1420 Washington Ave

6

South Pointe Elementary School

Public District PK-5

1.1 mi

1050 4th St

8

North Beach Elementary School

Public District PK-5

1.9 mi

4100 Prairie Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,096. The majority of Miami Beach, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

28%
<35k
42%
35k-100k
23%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

80%
Single, No Kids
3%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
56%
18-34 yrs old
36%
35-64 yrs old
3%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

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. Features: 0 bathroom. It has been listed on Rocket Homes since September 15, 2024 and is currently priced at $2,900,000.

Miami Beach, FL housing market in December 2024 saw over 7 listings sold above listed price, more than 9 sold at listed price and over 79 sold below. In December 2024 in Miami Beach, FL there were 11.7% more homes for sale than in November. The median list price of listings available in December 2024 was $644,836, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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