South Beach Short-Term Rental
For Sale
$7,950,000
1400 West Ave, Miami Beach, FL 33139
Two adjacent, licensed short-term rental homes in prime South Beach.
Property Size6,018 SF
Price / SF$1,321
Days on Market118
Property Features for 1400 West Ave
General Information
Standard status
Active
Size
6,018 SF
Zoning
3900
Building Details
Building Size
6,018 SF
Year Built
1938
Buildings
2
Listing Agency:
Sotheby's International Realty Miami Beach
Listed By:
Susan Gale · License #0394993
(305) 695-4253
Source:
Evrealestate
Added: May 9
Changed: Aug 23
Last Checked: Sep 2 at 3:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty Miami Beach
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,046
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
