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$7,950,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1400 West Ave
General
- Price: $7,950,000
- Status: Active
- Type: Commercial Service
- Source: Greater_Miami
- MLS ID: A12016101
- Updated: 5/9/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Hotel/Motel, Residential-Single Family
Location
- County: Miami-Dade County
Structural Information
- # Buildings: 2
- Structure Type: Hotel
- Detached/Attached: Detached
- Building Size: 6018
- Year Built: 1938
Lot Features
- Lot Size (Sq. Ft.): 11,000
- Zoning: 3900
Financial Considerations
- Terms: All Cash, Conventional/Refinance, Exchange
Disclosures and Reports
- Special Conditions: Sale
- 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
- Property ID: 02-32-33-016-0480
Listed by One Sotheby's International Realty
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Price & Sales History for 1400 West Ave
Date
Details
Price
Change
Source
5/09/2026
Listed
$7,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1400 West Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,466
6%
$1,604,784
—
2024
$26,879
5%
$1,604,784
—
2023
$25,565
32%
$1,604,784
60%
2021
$19,380
-7%
$1,003,728
-9%
2022
$20,771
7%
$1,107,984
-18%
2021
$19,380
-25%
$1,349,328
13%
2019
$25,964
-1%
$1,199,000
-14%
2018
$26,341
128%
$1,400,798
116%
2017
$11,557
—
$647,712
2%
2016
$11,534
-1%
$634,390
1%
2015
$11,681
-2%
$629,981
1%
2014
$11,881
2%
$624,982
1%
2013
$11,705
—
$615,746
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1400 West Ave
1400 West Ave, Miami Beach, FL 33139 (MLS# A12016101) is a Commercial Service property. 1400 West Ave is currently listed for $7,950,000 and was received on May 09, 2026. Want to learn more about 1400 West Ave? Do you have questions about finding other Commercial Service real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

