5 months on rocket

1400 W Ave, Miami Beach, FL, 33139

$8,995,000

10 Bedrooms
9 Full Baths
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage1 space
Year Built1938
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11606140
StatusActive

About 1400 W Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Mediterranean, Two Story
  • Year Built: 1938
  • Stories: 2

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: Susan Gale

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Tile, Wood
  • Interior: Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Kitchen/Dining Combo, Skylights, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 9
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Balcony, Lighting

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 1400 W Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,995,000

Tax Information:

  • Annual Amount: $25,750
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1400 W Ave vs Miami Beach

156 DAYS ON ROCKET

+55 Days

$8,995,000

+$8.3M More

KEY TAKEAWAY

This property is $8.3M more than the Median Sold Price in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11606140

Listing Office:

  • Office Name: One Sotheby's International Re
  • Office Phone: (305) 538-9711
  • Listing Agent: Susan Gale

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 4:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$25,750$1,349,328
2018$26,340$1,400,798
2017$11,557$647,712

History based on county public records data.

Payment Calculator

$44.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$27K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-510878
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-510879
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.87 miles

  • Public District Grades PK-5

school-card-donut-510880
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.10 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,892. Residents of Miami Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1400 W Ave

What is the listing price of this property?

The listing price of 1400 W Ave property is $8,995,000.

What type of property is this?

The property 1400 W Ave is a house located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 1400 W Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $25,750 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1400 W Ave has 10 bedrooms and 9 bathrooms.

Which year was this property built?

The year of construction for 1400 W Ave is 1938.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331391400 W Ave

This home is located at 1400 W Ave in Miami Beach, FL and zip code 33139. This home was built in 1938. Features: 10 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $8,995,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. In October 2024 median list price was $604,583 and the average listing age was 101 days.

From Rocket Homes Real Estate and based on county public records data.

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