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Sold for $2,550,000
  • $2,550,000

    1440 16th St, Miami Beach, FL 33139

    --beds
    0baths
    4,305sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $2,688,100 Zestimate®
    $592/sqft
    $2,663 Estimated rent

    Home value

    $2,688,100

    $2.31M - $3.15M

    $2,663/mo

    Zestimate® history
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    $17,804/mo

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    What's special

    INVESTMENT OPPORTUNITY for an investor, owner-operator or development?opportunity: Airbnb?compliant 4-plex building located on a quiet cul-de-sac next to Biscayne Bay. Walking distance to Lincoln Road restaurants?and retail shops in?South Beach. The building has (4) updated 2 bedrooms 2 bath apartments currently owner-occupied and earning income on Airbnb.?The building has no HOA, allowing a rental income opportunity through short term or long term lease options. All new PGT impact windows and doors recently installed along with new high-efficiency?split air conditioner?systems in two of the four units. The property next door is also available for sale MLS #A10768644 for a combined income of 8 units or for a new development site. Sold together or individually.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air
    Cooling
    • Central
    Features
    • Flooring: Hardwood
    Interior area
    • Total interior livable area: 4,305 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 4,303 Square Feet
    Details
    • Parcel number: 0232330230110

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Other
    • Roof: Other
    Condition
    • Year built: 1955

    Community & HOA

    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $592/sqft
    • Tax assessed value: $1,779,104
    • Annual tax amount: $31,944

    Price history

    DateEventPrice
    8/7/2026Sold$2,550,000+41.7%$592/sqft
    Source: Public Record Report a problem
    1/26/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/22/2024Listed for rent$3,995$1/sqft
    Source: Zillow Rentals Report a problem
    1/17/2020Sold$1,800,000-5%$418/sqft
    Source: MIAMI #A10769182 Report a problem
    11/25/2019Pending sale$1,895,000$440/sqft
    Source: Douglas Elliman #A10769182 Report a problem
    11/15/2019Listed for sale$1,895,000+40.4%$440/sqft
    Source: Douglas Elliman #A10769182 Report a problem
    1/19/2018Sold$1,350,000-10%$314/sqft
    Source: Public Record Report a problem
    11/7/2017Pending sale$1,500,000$348/sqft
    Source: Keystone Property Mgmt, Inc. #A10327114 Report a problem
    11/2/2017Listed for sale$1,500,000$348/sqft
    Source: Keystone Property Mgmt, Inc. #A10327114 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,944 +5.9%$1,661,000 +9.9%
    2024$30,169 -6.2%$1,511,400 -9.4%
    2023$32,148 +12.8%$1,668,059 +10%
    2022$28,492 -0.9%$1,516,418 +1.9%
    2021$28,743 +7%$1,488,634 +9.9%
    2020$26,852 +24.8%$1,354,460 +17.7%
    2019$21,514 -6.4%$1,151,000 +6.2%
    2018$22,985 $1,083,740 +10%
    2017$22,985 +3.7%$985,219 +10%
    2016$22,157 +37.4%$895,654 +10%
    2015$16,132 -1.6%$814,231 +0.9%
    2014$16,401 +11.3%$807,222 +2%
    2013$14,731 +0%$791,610 +10%
    2012$14,731 -1.1%$719,646
    2011$14,896 -6.2%$719,646
    2010$15,880 -1%$719,646 -7.7%
    2009$16,046 -20.6%$780,038 -22.1%
    2007$20,212 +41.1%$1,001,846
    2006$14,326 --
    2005$14,326 +28.9%--
    2004$11,115 +48.2%--
    2003$7,500 +32%--
    2002$5,681 --
    2001$5,681 --
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,688,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,688,100