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531 16th St, Miami Beach, FL 33139

Oferta:
En venta
Ubicación:
Miami Beach, FL 33139
Estado:
En venta
$1,700,000
Detalles
Año de construcción:
1947
Tamaño del terreno:
8,000 pies²
Niveles:
Dos plantas
Plantas:
2
Días en el mercado:
163
Tipo:
Multifamiliar
MLS ID
A11975379
Tour virtual:
Publicado por:
Avanti Way Commercial (AVCM01)
Listing office phone:
Listing office email:
Agente del listado:
Fernando Arencibia JR. (3573628)

Descripción

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 the lease term with no escalations! NEW ROOF! Completed December 2024. Great cap rate in a strong rental market with upside on rents, financing opportunities available. Located in the heart of South Beach and the historic Art Deco District, ideally situated just steps away from the world-famous Lincoln Road and its promenade of 200+ retail shops, restaurant and cafes. Building is well-kept and well-managed. Financials available upon request.
Historial de precios
$1,700,000 → $1,700,000 · 1 cambios de precio

Ubicación

531 16th St
Miami Beach, FL 33139
Información del MLS

Last updated Aug 27, 2026

Deemed reliable but not guaranteed.

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