1400 West Ave, Miami Beach FL 33139

Positioned in the heart of South Beach, 1400 West Ave, Miami Beach FL 33139 is part of the ALTON BEACH BAY FRONT RE- assemblage and offers a rare investment and redevelopment opportunity. This residential, single family residence in the ALTON BEACH BAY FRONT RE- subdivision sits on an 11,000 sq ft lot and was originally built in 1938 with a detached, Mediterranean architectural style. The property is offered turnkey and fully furnished, currently operating as an income-producing short-term rental and licensed for that use.
Two adjacent single-family homes comprise the offering, both renovated with impact windows and doors and equipped with central air conditioning, central heating, and a fire alarm security system. Interior features include a first-floor entry and other upgraded elements; the living room has other custom features. Outdoors there is a pool, a driveway, and two garage spaces. The property has no noteworthy view, and the community utilities are gas metered.
Located in Miami-Dade County, this site provides proximity to Biscayne Bay and is within walking distance of Lincoln Road, Sunset Harbour, top restaurants and shops, and Flamingo Park’s aquatic center and sports amenities. Schools serving the area include Nautilus Middle (Junior) School and Miami Beach High School. The existing homes present value-add upside — you can retain the coveted short-term rental licenses while replacing the structures with two new, larger luxury single-family residences, or explore a potential new five-story condominium or multifamily development just steps from the bay.