1400 West Ave, Miami Beach, FL 33139

$7,950,000

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List Price
$7,950,000
MLS#
A12016101
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Days on Market
79
Parcel Number
02-32-33-016-0480
Lot Size
11,000
Address
1400 West Ave, Miami Beach
Year Built
1938
Section
33

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Listing Courtesy of One Sotheby's International Realty, Contact: