$1,791,000
Miami Beach, FL 33139
MLS# A12025996
Status: Active Under Contract
5628 sqft
1 / 62
Property Description
Rare investment NO condo fee opportunity to acquire three oversized 2 bedroom, 2 bathroom residences in a boutique four unit building showcasing classic 1947 Miami Modern (MiMo) architecture corner property on West Avenue Reflecting the clean lines, abundant natural light, and indoor outdoor living concepts that defined postwar Miami Beach design, each just under 1,200 square foot residence offers expansive living spaces, large dine in kitchens, private front and rear entrances On site 1 parking space per unit, and a flexible sun drenched Florida room framed by signature banks of windows, ideal for a home office, dining, or additional living space. Each unit is a corner unit two are top Floor one is 1st floor. Communal garden at the rear offering great potential.The property offers strong investor appeal. Improvements completed, include a 10 year old roof, 40 year recertification, impact windows throughout, updated electrical and plumbing, tankless water heaters, and central AC in each.A comparable unit within the building recently leased for $3,150/month, supporting strong rental demand. Two of the units rented below market value are currently occupied on month to month; one unit is vacant, creating immediate upside potential for an investor or owner occupant. Located just minutes from the beach, parks, cafés, restaurants, and shopping, this is a compelling opportunity . Units may be available for individual sale. Showings by appointment only with 24hr notice.
Details
Contract Information
Comp Sale YN: No
Listing Date: 2026-05-28
Status: Active Under Contract
Original List Price: 1791000
List Price: $1,791,000
Current Price: $1,791,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 16
Flood Zone: AE
Country: United States
Street Number: 1460
Street Direction Prefix: E
Street Name: West
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33139
Postal Code +4: 3770
Subdivision Name: ALTON BEACH BAY FRONT RE-
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0232330160241
Zoning: 3900
Directions: Westside Corner 15th st & West Ave
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 4765
Living Area Main: 4952
Parking Total: 3
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 5628
Year Built: 1947
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 9027
Tax Year: 2025
Tax Legal Description: ALTON BEACH BAY FRONT RESUB PB 16-1 UNDIV 1/4 INT IN LOT 8 & E20FT LOT 7 BLK 79-A 1460 WEST AVE APT 2 LOT SIZE IRREGULAR OR 14823-1491 1290
Office/Member Information
DXORIGMLSID: SEF
Exterior Features
Other: 1
Flooring
Carpet: 1
Tile: 1
Wood: 1
Property Condition
Resale: 1
Documents Available
Other Available Information: 1
Structure Type
Multi Family: 1
Other Structures
Outbuilding: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Shingle: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 6875
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Showing Service: 1
Tax Information
Tax Reflects No Exemptions: 1
Contingencies
Backup Contract/Call LA: 1
Unit 1 Appliances
Other: 1
Unit 1 Details
Actual Rent: 2400
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1186
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Parking Features
Parking Space: 1
Unit 1 Rooms
Family Room: 1
Florida Room: 1
Kitchen: 1
Unit 2 Appliances
Other: 1
Unit 2 Details
Actual Rent: 2500
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1186
Unit 2 Lease Description
Occupant Type: Vacant
Unit 2 Parking Features
Parking Space: 1
Unit 3 Appliances
Other: 1
Unit 3 Details
Actual Rent: 1975
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1186
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Parking Features
Parking Space: 1
Price Calculations
Current Price To SqFt: 361.67
Section Details
Parcel Number MLX: 0241
Status Change Information
Major Change Timestamp: 2026-07-17T12:21:19Z
Major Change Type: Status Change
Status Change Date: 2026-07-17
Under Contract Type: Active Under Contract
Under Contract Date: 2026-07-16
Originating Details
Originating System Key: 497001817
Originating System ID: M00000151
Property Features
Documents Available: Other Available Information
Exterior Features: Other
Flooring: Carpet; Tile; Wood
Property Condition: Resale
Structure Type: Multi Family
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Other Structures: Outbuilding
Possession: Close Of Escrow
Roof: Shingle
Sewer: Public Sewer
Tax Information: Tax Reflects No Exemptions
Utilities: Cable Available
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service
Unit 1 Appliances: Other
Unit 1 Parking Features: Parking Space
Unit 1 Rooms: Family Room; Florida Room; Kitchen
Unit 2 Appliances: Other
Unit 2 Parking Features: Parking Space
Unit 3 Appliances: Other
Unit 3 Parking Features: Parking Space
Contingencies: Backup Contract/Call LA
Listing Office: Coldwell Banker Realty
Last Updated: July - 17 - 2026
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