Sought after and desirable SOUTH BEACH location on TRANQUIL street. Build up to 7 stories. The main permitted uses in the RM-2 residential multifamily, medium-intensity district are single-family detached dwellings, townhomes, apartments, apartment hotels, hotels, hostels, and suite hotels. Income-producing two-story fourplex steps away from the BAY and Lincoln Road. Total of 2 2 bed / 2 bath units and 2 2 bed 1 bath units Zoned RM-2. Can be used for SHORT TERM rentals as a lucrative Air B n B business with a BTR license. The building is well maintained with hurricane doors and windows, upgraded electrical, energy-efficient water heaters, and new PVC piping for water and sewer. NO REPAIRS NECESSARY* Units larger than tax roll Each unit has a balcony or private porch. Total of four parking spaces. Fully rented with long-term tenants. DO NOT DISTURB TENANTS* Buyer must show proof of funds and sign NDA to obtain financials. STREET DOES NOT FLOOD ***