$1,750,000
Active
$1,750,000
4391 Collins #1707
Miami Beach, FL 33140
1 bd1.5 ba958 sqft
Fontainebleau Iii Ocean C
$1,700,00066 days on marketActive
531 16th Street, Miami Beach, FL 33139
Miami Beach, FL 33139
0
Sq Ft
1947
Year Built
0.18 acres
Lot Size
Listing Snapshot
| List Price | $1,700,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.18 acres |
| Year Built | 1947 |
| MLS # | 1155379285 |
| Status | Active |
| Days on Market | 66 |
About This Home
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Parking
- OnStreet
- Zoning
- 3900
Interior Features
Exterior Features
Community Features
- MLS Area
- 2320
Map
Virtual Tour
View Virtual TourListed by Fernando Arencibia · Avanti Way Commercial
MLS# 1155379285 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1155379285 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $1,360,000
%
Est. Monthly$9,278
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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