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#A11769177, Nabil Jimenez, Listing office: Douglas Elliman
Property details
About 1420 16th St
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. The street does not flood. Proof of funds + NDA required. Do not disturb tenants.
Highlights
Home typeQuadruplex
HeatingElectric
StatusActive
CoolingWall/Window Unit(s)
Size4,460 sqft
Year built1955
MLS #A11818124
Virtual tour
Summary
- Flooring Type: Hardwood, Tile, Wood
- Architectural Style: Fourplex
- Heating: Electric
- Cooling: Wall/Window Unit(s)
- List Price: $2,750,000
- Price/SqFt: $616
- Annual Tax Amount: $26,840
- Tax Year: 2023
- Year Built: 1955
- Stories: 2
- Living Area: 4,460 SqFt
- MLS Number: A11818124
- MLS Name: SEFMIAMI
- Office Name: Lifestyle International Realty
- Office Phone: (305) 809-8085
- Office Email: info@lifestyleintrealty.com
- Listing Agent: Shana Santalla
© 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: 7/25/2025, 4:45:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property 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
6
Fienberg/Fisher K-8 Center
Public District PK-5
0.8 mi
•1420 Washington Ave
8
South Pointe Elementary School
Public District PK-5
1.1 mi
•1050 4th St
10
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.
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. The majority of 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 Concerts
Major League Soccer (MLS)
Tennis
Where do the neighbors shop?
H&M
Banana Republic
Crate & Barrel
Where do the neighbors go to eat?
Chipotle
Jack In The Box
Starbucks
What do the neighbors drive?
Volkswagen
Toyota
BMW
What do the neighbors listen to?
Rhythmic Contemporary Hits
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1420 16th St
The listing price of 1420 16th St property is $2,750,000.
The property 1420 16th St is a multi located in Miami Beach, Florida, 33139.
Active Listing: 1420 16th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1420 16th St are: Fienberg/Fisher K-8 Center (GreatSchools Rating 6/10), South Pointe Elementary School (GreatSchools Rating 8/10), North Beach Elementary School (GreatSchools Rating 10/10), Nautilus Middle School (GreatSchools Rating 4/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Miami Beach Senior High School (GreatSchools Rating 4/10), I Preparatory Academy (GreatSchools Rating 10/10), Miami-Dade Online Academy- Virtual Instruction Program (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $26,840 (source: MLS/based on county public records data).
The property 1420 16th St is 4,460 SqFt (source: MLS/tax record).
The year of construction for 1420 16th St is 1955.
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 June 9, 2025 and is currently priced at $2,750,000.
While more than 1 listings in Miami Beach, FL in June 2025 were sold above asking price, there were more than 6 listings sold at asking price, and more than 109 were sold below. The number of homes for sale in Miami Beach, FL increased by 3.9% between May and June 2025. In June 2025, listings were on the market for 110 days. During the same period, the median list price in this real estate market was $699,500.
From Rocket Homes Real Estate and based on county public records data.