$8,995,000
$2M PRICE DROP

1400 West Ave Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $54,031/month

Total Views 18,015
10 Beds
9 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • In Ground Pool
  • Wood Flooring
  • Garden View
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Mediterranean Architecture

About This Home

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!

Listing Agent

Susan Gale

One Sotheby's International Re License #0394993

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,929

Year Built

  • Built in 1938

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Property is zoned 3900

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • 9 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Alton Beach Bay Front Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-33-016-0480

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,929

Year Built

Built in 1938

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ALTON BEACH BAY FRONT RE-
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Skylight, Vaulted Ceiling(s), Other
  • Full Bathrooms: 9
  • Total Bedrooms: 10
  • Door Features: French Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Tile, Wood
  • Window Features: Clear Impact Glass, Skylight, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Other

Exterior Features

  • Roof: Barrel Roof, Flat Tile
  • View: Garden, Pool
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ALTON BEACH BAY FRONT RE-
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Additional Amenities

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-33-016-0480
  • Lot Size Sq Ft: 11000
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 45929

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $25,565 $1,335,961 -- --
2023 $25,565 $1,214,510 $0 $0
2022 $20,771 $1,104,100 $0 $0
2021 $19,380 $1,003,728 $734,400 $269,328
2020 $25,750 $1,349,328 $1,080,000 $269,328
2019 $25,964 $1,580,798 $1,500,000 $80,798
2018 $26,341 $1,400,798 $1,320,000 $80,798
2017 $11,557 $647,712 $0 $0
2016 $11,534 $634,390 $0 $0
2015 $11,681 $629,981 $0 $0
2014 $11,881 $624,982 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 Price Changed $8,995,000 -14.3% --
06/13/2024 06/13/24 For Sale $10,500,000 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Quit Claim Deed -- Spirit Title & Escrow Inc
Warranty Deed $240,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Construction
Open $3,234,000 Future Advance Clause Open End Mortgage
Closed $1,500,000 Future Advance Clause Open End Mortgage
Previous Owner $200,000 Unknown
Previous Owner $400,000 Negative Amortization
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11606140

MIAMI REALTORS® MLS

APN: 02-3233-016-0480

Florida Miami/Dade County Miami Beach 33139 Flamingo

1400 West Ave, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 1400 West Ave, Miami Beach, FL 33139 and is currently priced at $8,995,000. This property was built in 1938. 1400 West Ave is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Susan Gale
Listing Agent
Susan Gale
Section Image
One Sotheby's International Re
(305) 766-1988