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Lincoln Rd. Villa & Townhouses

$7,500,000

511 16th St, Miami Beach, FL 33139

Active
Last Updated: 04/03/2025

619,725

NOI

7,449 sqft

Building Size

Details:
NOI:    $619,725
Building Size:    7,449 sqft
Units:    10
Year Built:    2024
Floors:    2
Parking Spots:    2
Highlights:
  • Lot Features: Central Business District
  • Building Features: Airport Access, Balconies, City Licenses, County Licenses, Entertainment, Exterior Lighting, Inside Corridors, Landscaped, Laundry Facilities, Occupational Licenses, Pool, Private Restrooms
  • Number Of Buildings: 2
  • Documents Available: Aerial Photo(S), Deed, Drawings, Financial Statement, Photos, Site Plans, Existing Survey
  • Cooling: Central Building A/C, Central Individual A/C, Reverse Cycle
  • Heating: Central Building A/C, Central Individual A/C, Reverse Cycle
  • Construction Materials: CBS Construction
  • Security Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Security Fence, Security Gate, Security Lights, Security System
Description:

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.

Map:
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