About This Property
Residential in Miami Beach
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.
Features & Amenities
Property Highlights
Roof
- Barrel
View
- Other
Sewer
- Public Sewer
Levels
- Two
Cooling
- Central Air
Fencing
- Fenced
Heating
- Central
Flooring
- Ceramic Tile
Possession
- Close Of Escrow
Room Types
- Family Room
WaterSource
- Public
PoolFeatures
- In Ground
Water Source
- Public
Listing Terms
- 1031 Exchange
- Cash
- Conventional
Pool Features
- In Ground
ParkingFeatures
- Driveway
Tax Information
- CityCounty
Parking Features
- Driveway
SecurityFeatures
- Smoke Detector(s)
Security Features
- Smoke Detector(s)
ArchitecturalStyle
- Mediterranean
Master BedroomBath
- Master Bdrm - Ground
Acreage Description
- 14 To Less Than 12 Acre Lot
Architectural Style
- Mediterranean
Special Information
- Sold As-Is
Construction Materials
- Stucco
Leasing Permitted Details
- Okay To Lease
Specifications
Property Details
Location