1400 West Ave, Miami Beach, Florida 33139 USA

$7,950,000  Single Family MLS® A12016111

Property Details

  • Beds
    10
  • Baths
    6
  • HOA Fees
  • Year Built
    1938
  • Subdivision
    ALTON BEACH BAY FRONT RE-
  • Community
    ALTON BEACH BAY FRONT RE-

About this Property

Positioned in the heart of South Beach, this rare assemblage at 1400 West Avenue and 1315 14th Street presents a unique opportunity to acquire two adjacent single family homes licensed for short term rentals. Offered turnkey and fully furnished, both properties have been renovated with impact windows and doors and are currently operating as income producing assets. A true value add and redevelopment opportunity, the existing homes may be replaced with two new luxury single family residences more than double the size while retaining the highly coveted short term rental licenses. Alternatively, developers may explore the potential for a new 5 story condominium or multifamily project, just steps from Biscayne Bay. Prime location within walking distance to Lincoln Road, Sunset Harbour, top restaurants, shopping, and Flamingo Park's aquatic center and sports amenities. An exceptional opportunity for an investor, operator, or developer in one of Miami Beach's most desirable neighborhoods.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida 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 website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of One Sotheby's International Realty.

Property Details

  • $7,950,000
  • Beds
    10
  • Baths
    6
  • HOA Fees
  • Year Built
    1938
  • Subdivision
    ALTON BEACH BAY FRONT RE-
  • Community
    ALTON BEACH BAY FRONT RE-

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