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About This Home
This 0-bedroom, 0-bathroom commercial at 1400 West Ave in Miami Beach, FL is listed for $7,950,000. Built in 1938, on a 0.25 acres lot.
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.
Key Features
- Built in 1938
- 0.25 acre lot
Property Details
Monthly Cost Estimate
$42,518/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1400 West Ave
Miami Beach, FL 33139
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1400 West Ave is listed at $7,950,000. The estimated monthly payment is $34,450 based on 20% down at 6.5% interest.
Key features include: Built in 1938, 0.25 acre lot.
This property is listed by Susan Gale and can be reached at 3055389711 or info@susangalegroup.com.
