Home » Miami Beach » 1400 West Ave, Miami Beach, FL 33139 | A11606095

Hotel/motel For Sale 1400 West Ave, Miami Beach, FL 33139

$8,995,000
Price has decreased by $1,505,000

Property Highlights

Listing ID A11606095 Status of this Listing: Active For Sale Property Type Commercial Sale Hotel/motel Building Area 6,018 Sqft/559.09 m2 approx. Lot area 11,000 Sqft/1021.93 m2 approx. Year Built 1938 Time of this property on Rebonus 236 Day(s)

1400 West Ave, Miami Beach, FL 33139

Property Description: 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!

Useful Info

Previous Asking Price:$10,500,000
Original List Price:$10,500,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:2
Number of Units Total:10
Levels:Two
Flooring:
  • Tile
  • Wood
  • Ceramic Tile
Structure Type:
  • Hotel/motel
Stories:2
Road Frontage Type:
  • City Street

Property Features

Waterfront:No
Security:
  • Smoke Detector(s)
Roof:
  • Barrel
  • Tile
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$45,929

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024

Terms

Occupant Type:
  • Call Agent
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0
Parking Features:
  • Common

Utilities

Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Property DescriptionSOBE Houses with STR License
Flood ZoneAE
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1076438410
Subdivision Number16

Zoning and Legal

Tax Legal Description:ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 7 BLK 79C LOT SIZE 60.000 X 100 OR 18136-4357 0598 1
Real Estate Folio Number (Parcel Number):02-32-33-016-0480
Zoning Description:3900
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:June 13, 2024 3:48 pm
On Market Date:June 12, 2024
Price Change Date Time:October 28, 2024 2:57 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:October 28, 2024 2:57 pm
Status Last Changed:June 13, 2024 3:48 pm
Photos Last Modified:August 27, 2024 8:02 pm
Last Modified:January 24, 2025 2:52 pm
Days on the Market Reference Date:January 24, 2025
Days on the Market (updated on Last Modified*):226
Cumulative Days on the Market (updated on Last Modified**):226

Additional Information

Lot Size Range:1/4+ To 1/2 Acre
Number of Photos:18
Location:City Location,Corner Lot,,
Included:Building & Land,Business,Furniture,Furniture/Fixtures,License,
Area:32
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12025-N-0232330160480-R-N

Location

Show Property Address:Yes
Street Name:West Ave
Street Number:1400
Street Address:1400 West Ave
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1400 West Ave, Miami Beach, FL 33139
Latitude:N25° 47' 7.4''
Longitude:W81° 51' 26.9''

Neighborhood

Postal City:Miami Beach

Property Map