Active

511 16th St

Miami Beach FL, 33139

$7,500,000


$1,006.85 per sqft

Active

7,449 sqft

Commercial

Built in 2024

The Lincoln Road Villa & Townhouses are an astonishing, unique short-term rental asset on the same block as world-famous Lincoln Road Mall. It is also just a short stroll to the Beach, Ocean Drive, Flamingo Park, Espanola Way, the newly renovated Convention Center, as well as the best in fine dining, shopping, museums, and people watching- a favorite pastime due to the splendor, warmth, and diversity that is South Beach. The Villa and Townhouses are ADA compliant, appropriately licensed for daily rentals, and are fully operational.

See attached Offering Memorandum for additional information.

A11670245

MLS ID

October 2, 2024

Listed

December 9, 2024

Updated

Map

511 16th St
Miami Beach FL, 33139

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Building A/C, Central Individual A/C, Reverse Cycle


Heating

Yes


Heating Description

Central Building A/C, Central Individual A/C, Reverse Cycle

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

Central Business District


Sewer

Public Sanitation

Other Property Details

Taxes

$23,362


Tax Frequency

Annually


Days on Market

68


Garage

No


Parking Total

2


View

No


County

Miami-Dade County


Water Source

Public


Pool

No


Zoning

3900

Listing History

Date

Event

Price

12/9/2024

Price change

$7,500,000

3%

12/3/2024

Price change

$7,250,000

-13%

Listed by:  The Keyes Company
Listing Contact: 305-467-4026 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 6:49 PM UTC, 12/9/2024.

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