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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!
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 1310 Flamingo Way | $2,990,000 | 4/3 | 2,214 | 206 | $0 | ||
| 301 W Rivo Alto Dr | $2,999,000 | 5/2 | 2,482 | 231 | $0 | ||
| 200 E Rivo Alto Dr | $4,450,000 | 3/3 | 2,843 | 264 | $0 | ||
| 114 4th Rivo Alto Ter | $5,250,000 | 4/3 | 3,539 | 329 | $0 | ||
| 412 E Rivo Alto Dr | $6,299,000 | 5/5 | 3,406 | 316 | $0 | ||
| 431 W Rivo Alto Dr | $6,500,000 | 5/4 | 4,352 | 404 | $0 | ||
| 1400 West Ave | $8,995,000 | 10/9 | 0 | 0 | $0 | ||
| 11 Century Ln | $9,900,000 | 3/3 | 3,358 | 312 | $0 | ||
| 214 W Rivo Alto Dr | $10,000,000 | 4/4 | 3,318 | 308 | $0 | ||
| 330 W Rivo Alto Dr | $10,900,000 | 2/3 | 2,005 | 186 | $0 | ||
| 11 E Rivo Alto Dr | $17,500,000 | 4/5 | 5,050 | 469 | $0 | ||
| 401 E Rivo Alto Dr | $18,950,000 | 8/7 | 5,804 | 539 | $0 | ||
| 327 E Rivo Alto Dr | $24,000,000 | 6/6 | 0 | 0 | $0 | ||
| 424 W Rivo Alto Dr | $38,000,000 | 6/6 | 6,867 | 638 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 01/16/2025 | $725,000 | $760,000 | 2 | 2 | 1,077 | 1 month | |
| 10/04/2024 | $2,400,000 | $2,660,000 | 3 | 2 | 1,976 | 2 months |
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