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531 16th St
Miami Beach, FL 33139 City Center

$1,950,000 USD

Apartments For Sale  •  9,824 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,824 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1947
  • Zoning RM-1
59 Transit Score
97 Walk Score

Highlights

531 16th Street presents an income-generating, 14-unit apartment building.
Nestled in the City Center neighborhood of Miami Beach, FL, between the Biscayne Bay and the Atlantic Ocean.
The building has a favorable land-lease expiring in 21 years with low fixed annual lease payments for the entirety with no escalations.
Surrounding by prime Miami Beach shopping, dining, nightlife, art, and more.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Tenant Controlled HVAC
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
13 min - 5.8 mi
Historic Overtown/Lyric Theatre (Metrorail Green Line - Miami-Dade Transit (Metrorail/Metromover)) 13 min - 5.8 mi
AirportDriveWalkDistance
Miami International 31 min - 16.0 mi
Fort Lauderdale/Hollywood International 41 min - 26.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 1
Type: Surface
Included in Rent: Yes
Fernando Arencibia 786-512-3745 Avanti Way Commercial
Fernando Arencibia 786-512-3745 Avanti Way Commercial