Alton Beach Bay Front, 1400 West Ave Miami Beach, FL 33139

10,500,000(-14.33% )
$8,995,000Price
10Beds
9Baths
2,994SqFt

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Details

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Status:
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Parking: 1
Size: 2,994 ft2 / 278 m2
Price: $3,004 ft2 / $32,339 m2
Built: 1938
MLS Number: A11606140
View: Garden,Pool
On Site: 294 Days
Updated: 69 Days ago
Page Views: 0
A rare find in south beach! Unique opportunity to acquire two adjacent, single-family homes in the heart of south beach licensed for short-term rentals. The houses are renovated with impact windows and doors, and offered turnkey and fully furnished. They can be demolished to make room for two brand new single-family homes – more than double the size of the existing houses - while retaining the short-term rental license. This is an amazing opportunity for an investor/operator. Alternatively, a developer may choose to construct a new 5-story condo or multifamily residential development, steps from the bay. Prime location a few blocks from lincoln road’s shops and restaurants, and flamingo park’s aquatic center and extensive sports amenities. Ideal for investor/operator or developer!

Features

Bedrooms
Bedrooms: 10
Bathrooms
Bathrooms: 9
Half Bathrooms: No info
Exterior and Lot Features
Exterior Features: Balcony,Lighting
View: Garden,Pool

Price History

10/21/2024

Date

Price Reduced

Event

$9M

Price

-14.33%

Change Rate

$3,004 ft2 / $32,339 m2

Price Per

06/12/2024

Date

Listed

Event

$10.5M

Price

$3,507 ft2 / $37,749 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Susan GaleOne Sotheby's International Re • Buyer Agency Compensation .

Instant Comparative Market Analysis

$300/ft²
$1,200/ft²
$2,200/ft²
$3,200/ft²

Unit 1400 West Ave – Asking

$3,004/ft²

(+554%) from Closed Medium $/ft²

Closed Medium $/ft²

$459/ft²
Community $/Price Range (Closed) $459/ft² – $459/ft²
No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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