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Off market
  • $2,624,100

    1440 16th St, Miami Beach, FL 33139

    --beds
    0baths
    4,305sqft
    MultiFamily
    Built in 1955
    -- sqft lot
    $2,624,100 Zestimate®
    $610/sqft
    $2,663 Estimated rent

    Home value

    $2,624,100

    $2.28M - $3.02M

    $2,663/mo

    Zestimate® history
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    Owner options

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    $2,663/mo

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    $2,663/mo

    Rent Zestimate®

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    $18,097/mo

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    $18,097/mo

    Est. payment

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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.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    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 sqft
    Details
    • Parcel number: 0232330230110

    Construction

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

    Community & neighborhood

    Location
    • Region: Miami Beach

    Other

    Other facts
    • Cooling Description: Central Cooling
    • Heating Description: Central Heat
    • Listing Type: Exclusive Right to Sell/Rent
    • Lot Description: Less Than 1/4 Acre Lot
    • Pool YN: 0
    • Property Type: Residential Income
    • Sewer Description: Municipal Sewer
    • Tax Information: Tax Reflects City & County Tax
    • Construction Type: CBS Construction
    • Waterfront Property YN: 0
    • Floor Description: Wood Floors, Ceramic Floor
    • Year Built Description: Resale
    • Property Type Information: Attached, Stairs
    • Section: 33
    • Terms Considered: Conventional, All Cash
    • Style: Fourplex
    • Typeof Property: Fourplex
    • Rent Includes: Cable Tv, Lawn Care, Hot Water
    • Information Available: Rent Rolls
    • Roof Description: Flat Roof With Facade Front
    • Exterior Features: Open Balcony
    • Status: Active

    Price history

    DateEventPrice
    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
    $2,624,100
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    Estimated market value
    $2,624,100