Miami Beach, FL 33139,1400 West Ave
Miami Beach, FL 33139,1400 West Ave
Miami Beach, FL 33139,1400 West Ave
18
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$8,995,000
Est. payment /mo
6,018 SqFt
Price Dropped by $1.5M

1400 West Ave Miami Beach, FL 33139

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UPDATED:

10/28/2024 06:57 PM

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 6,018 sqft

Price per Sqft $1,494

MLS Listing ID A11606095

HOA Y/N No

Year Built 1938

Annual Tax Amount $43,691

Tax Year 2023

Lot Size 0.253 Acres

Property Description

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!

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile, Tile, Wood

Window Features Impact Glass

Exterior

Roof Type Barrel,Tile

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Others

Tax ID 02-32-33-016-0480

Security Features Smoke Detector(s)


Listed by One Sotheby's International Re

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

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1400 West Ave