1400 West Ave Miami Beach, FL 33139

FOR SALE - Active
$8,995,000
$10,500,000 (14.3%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 6,018 ft2/559.09 m2
  • Price Per: $1,494.68 ft2/$16,088.64 m2
  • Type: Commercial/Investment
  • Built: 1938
  • HOA: No info
  • MLS Number: A11606095
  • View No info
  • On Site: 156 days
  • Updated: Listing Refreshed: 19 Days Ago

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!

Price History

DateEventPriceChange RatePrice Per
10/28/2024Price Reduced$8,995,000.0014.3%$1,494.68 ft2/$16,088.64 m2
06/13/2024Listed$10,500,000.00$1,744.77 ft2/$18,780.51 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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