1420 16th St Miami Beach FL 33139 MLS #A11659446

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.