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 Parks aquatic center and sports amenities. An exceptional opportunity for an investor, operator, or developer in one of Miami Beachs most desirable neighborhoods.
Listed By
Agency Name: One Sotheby's International Realty
Agency Phone: 305-538-9711
Shown By
Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-717-3445
Estimated Payment
$ 48,095.66 per month $42,313.24 Principal & Interest $3,463.67 Property Tax $2,318.75 Homeowner's Insurance
1315 14th St | MLS# A12016658
This single family home located at 1315 14th St , Miami Beach, FL 33139 is currently listed for sale with an asking price of $7,950,000. This property was built in 1929 and has 10 bedrooms and 9 full baths with 2394 sq. ft. 14th St is located in the ALTON BEACH BAY FRONT RE- subdivision. Search ALTON BEACH BAY FRONT RE- real estate on www.adamscameron.com today.