Active

1400 West Ave

Miami Beach FL, 33139

$8,995,000


$1,494.68 per sqft

Active

6,018 sqft

Commercial

Built in 1938

A RARE FIND IN SOUTH BEACH! Unique opportunity to acquire two adjacent, single-family homes in the heart of South Beach licensed for short-term rentals. The houses are renovated with impact windows and doors, and offered turnkey and fully furnished. They can be demolished to make room for two brand new single-family homes - more than double the size of the existing houses - while retaining the short-term rental license. This is an amazing opportunity for an investor/operator. Alternatively, a developer may choose to construct a new 5-story condo or multifamily residential development, steps from the Bay. Prime location a few blocks from Lincoln Road's shops and restaurants, and Flamingo Park's aquatic center and extensive sports amenities. Ideal for investor/operator or developer!

A11606095

MLS ID

June 12, 2024

Listed

November 21, 2024

Updated

Map

1400 West Ave
Miami Beach FL, 33139

Interior Features

Total Stories

2


Floor Description

Ceramic Floor, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Building A/C


Heating

Yes


Heating Description

Central Electric

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

City Location, Corner Lot


Roof

Barrel Roof, Tile Roof


Sewer

Public Sanitation

Other Property Details

Taxes

$43,691


Tax Frequency

Annually


Days on Market

138


Garage

No


Parking

Common


View

No


County

Miami-Dade County


Water Source

Public


Pool

No


Zoning

3900

Listing History

Date

Event

Price

10/28/2024

Price change

$8,995,000

-15%

Listed by:  One Sotheby's International Re
Listing Contact: 305-695-4253 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 11:39 PM UTC, 11/21/2024.

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