Extremely rare, fully licensed short term rental multi family building in the heart of South Beach, just blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of very few buildings in the area to be licensed for short term rentals, grandfathered in from prior to 2012. This Art Deco Gem, aka "Le'toile" features 4 spacious units, one 2 bedroom and three 1 bedrooms. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior SF, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Incredible upside through capital improvements & an opportunity to convert into a single family home/Mansion.
Property Type(s):
Multi Family
|
Last Updated
|
4/4/2025
|
Tract
|
LINCOLN SUB
|
|
Year Built
|
1937
|
Community
|
32
|
|
County
|
Miami-Dade
|
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| AREA |
32 |
| CONSTRUCTION |
BLOCK |
| EXTERIOR |
Balcony, Lighting |
| HEAT |
CENTRAL |
| LOT |
0 |
| POOL DESCRIPTION |
In Ground |
| SEWER |
Septic Tank |
| STORIES |
2 |
| STYLE |
Fourplex |
| SUBDIVISION |
LINCOLN SUB |
| TAXES |
21125 |
| UTILITIES |
Cable Available |
| ZONING |
3900 |
Location
Listed with Compass Florida, LLC.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.
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