1400 West Ave Miami Beach, FL 33139

Building Details

Year Built

1938

Listing Agency Sotheby's International Realty Miami Beach i***@susangalegroup.com Show Phone

Listed by Susan Gale · License #0394993

Source Crexi

Added: May 9 Checked: Jul 18 at 2:03 am

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Investment Insights

Based on property information with market context.

Located in the heart of South Beach, this assemblage at 1400 West Avenue and 1315 14th Street offers the opportunity to acquire two adjacent single-family homes licensed for short-term rentals. The properties are offered turnkey and fully furnished, having been renovated with impact windows and doors. They are currently operating as income-producing assets. The existing homes may be replaced with two new, larger luxury single-family residences while retaining the short-term rental licenses. Alternatively, developers may explore the potential for a new 5-story condominium or multifamily project. The location is within walking distance of Lincoln Road, Sunset Harbour, restaurants, shopping, and Flamingo Park’s aquatic center and sports amenities. The property size is 6018 square feet.

Key Highlights

• Rare opportunity to acquire two adjacent single‑family homes licensed for short‑term rentals in South Beach.
• Turnkey and fully furnished properties, renovated with impact windows and doors, currently operating as income‑producing assets.
• Redevelopment potential to build two new, larger luxury single‑family residences while retaining short‑term rental licenses.

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FAQs

What type of property is this?

Short term rental property - Two adjacent, licensed short-term rental homes in prime South Beach.

Where is this short term rental property located?

The property is located at 1400 West Ave Miami Beach, FL.

What is the asking price?

The asking price for this property is $7,950,000.

What are key features of this property?

This property features: Rare opportunity to acquire two adjacent single‑family homes licensed for short‑term rentals in South Beach.; **Turnkey and fully furnished properties**, renovated with impact windows and doors, currently operating as income‑producing assets.; Redevelopment potential to build two new, larger luxury single‑family residences while retaining short‑term rental licenses.