531 16th St

Miami Beach, FL 33139
$1,700,000
Unique opportunity to acquire this Land Lease with excellent income-producing 14-unit multifamily building in the heart of South Beach. Building offers a healthy unit mix, fully rented, low expenses, quality long-term tenants. Favorable land lease structure expiring in 20 years, low fixed annual lease payment for the entirety of theRead MoreRead Less
Courtesy of Avanti Way Commercial.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multi Family
Lot Size
0.18 Acres
Year Built
1947
MLS Number
A11975379
30 Days Snapshot Of 33139
$1.40M
-28%
(avg) sold price
74
+15%
homes sold
127
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Stories: 2, Year Built: 1947, Building Area Total: 10820
Community
Units In Community: 14
Lot
Square Feet: 8000
Miscellaneous
Inclusions: Building Only
Parking
Open Parking, Features: On Street
Taxes
Parcel Number: 02-32-34-002-0680, Tax Legal Description: LINCOLN SUB PB 9-69 LOT 10 BLK 52 A LOT SIZE 50.000 X 160 74R-86189 OR 11769-105 0483 4
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
logo-cropped

Schedule a tour with one of our agents.

HW Realty
Schedule a tour with one of our agents
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings
No listings found.

Information herein is deemed reliable but not guaranteed and 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.