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.
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
Owner options
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$2,663/mo
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$2,663/mo
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$17,804/mo
Est. payment
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Est. payment
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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
| Date | Event | Price |
|---|---|---|
| 8/7/2026 | Sold | $2,550,000+41.7%$592/sqft |
Source: Public Record Report a problem | ||
| 1/26/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/22/2024 | Listed for rent | $3,995$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/17/2020 | Sold | $1,800,000-5%$418/sqft |
Source: | ||
| 11/25/2019 | Pending sale | $1,895,000$440/sqft |
Source: Douglas Elliman #A10769182 Report a problem | ||
| 11/15/2019 | Listed for sale | $1,895,000+40.4%$440/sqft |
Source: Douglas Elliman #A10769182 Report a problem | ||
| 1/19/2018 | Sold | $1,350,000-10%$314/sqft |
Source: Public Record Report a problem | ||
| 11/7/2017 | Pending sale | $1,500,000$348/sqft |
Source: Keystone Property Mgmt, Inc. #A10327114 Report a problem | ||
| 11/2/2017 | Listed for sale | $1,500,000$348/sqft |
Source: Keystone Property Mgmt, Inc. #A10327114 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.8 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.9 mi
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Estimated market value
$2,688,100
Get a cash offer in 3 minutes
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