18 photos
1400 West Ave
Miami Beach, FL 33139
Listing courtesy of One Sotheby's International Realty (Susan Gale). Contact: [email protected].
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.
- Principal and interest
- $40,200
- Property tax
- $12,186
- Homeowners insurance
- $4,967
- HOA(not in the listing)
- $0
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.