531 16th St Miami Beach, FL 33139
Prime commercial lot with 25 years remaining of GROUND LEASE. Lot is 8,000-SF, zoned RM-1, multifamily. The 14-unit apartment building reverts to the landowner at the end of the lease on 10/1/2047. This corner commercial property is in the heart of South Beach, close to everything Miami Beach has to offer; one block to Lincoln Road and a few blocks to the beaches, Miami Beach Convention Center, Collins Ave shops, Espanola Way, many parks and recreation centers, and much more.
property details
Utility & Building Info
Price History
| date | event | price | source |
|---|---|---|---|
|
08/09/2022
08/09/2022
|
Sold |
$1,000,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
05/17/2022
05/17/2022
|
Pending |
$1,100,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
05/04/2022
05/04/2022
|
Active |
$1,100,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
04/21/2022
04/21/2022
|
Off Market |
$1,100,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
|
04/19/2022
04/19/2022
|
Active |
$1,100,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
Market Trends
Source: Constellation1
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