Property profile

1400 West Ave Miami Beach, FL 33139

FOR SALE
Other hospitality properties
Property ID
US18-3784684
6,018 SF Built 1938
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1400 West Ave, Miami Beach, FL 33139 For Sale
$7,950,000 6,018 SF
1400 West Ave, Miami Beach, FL 33139
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Property summary

AI-generated overview

The property consists of an assemblage of two adjacent single-family homes located in South Beach at 1400 West Avenue and 1315 14th Street, with each home licensed for short-term rentals. Both residences have undergone renovation work that includes the installation of impact windows and impact doors, and each is configured for operation as a short-term rental. The land is well suited for redevelopment concepts, including the possibility of replacing the existing homes with two larger single-family residences while preserving short-term rental licenses, or considering a higher-density redevelopment such as a 5-story condominium or multifamily project. The site is located near Biscayne Bay and within walking distance of Lincoln Road, Sunset Harbour, Flamingo Park (including its aquatic center and sports amenities), and nearby retail and dining. The zoning is listed as 3900.

Property profile

Verified
Property type Other hospitality properties
Year built 1938
Total area 6,018 SF
UPID US18-3784684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1400 West Ave Miami Beach, FL 33139
Miami Beach metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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