Miami Beach, FL 33139,1339 14th Terrace
$1,600,000
Est. payment /mo
$1,689,000
5.3%
Est.Price: ?

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4 Beds
4 Baths
5,000 Sqft Lot
SOLD DATE : 06/10/2022

Key Details

Sold Price $1,600,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Subdivision Alton Beach Bay Front Re-

MLS Listing ID A11160180

Sold Date 06/10/22

Style One Story

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Year Built 1934

Annual Tax Amount $14,664

Tax Year 2020

Contingent 3rd Party Approval

Lot Size 5,000 Sqft

Property Description

Unique opportunity to build and own an iconic new home in South Beach. Current owner plans to build the 3,800 sq ft home shown in photo renderings, with an estimated completion in Summer 2023. Architect & builder already in place, construction will begin this summer. This project is a game-changer for the neighborhood, with multiple decks, elevator, and second story plunge pool. The cost to build is approx $1.35M, so at asking price for the land $1,68M, the total cost is $3,04M. Estimated value of the finished home in the present market is at least $4.55M. For the patient buyer who wants the perfect home rather than a “what's available” home, this is the most incredible deal on the market. Located in a trendy area of the West Avenue District that is undergoing major development.

Location

State FL

County Miami-dade County

Community Alton Beach Bay Front Re-

Area 32

Interior

Interior Features First Floor Entry, Main Level Master

Heating Electric

Cooling Electric, Other

Flooring Other

Appliance Dishwasher, Electric Range, Microwave, Washer

Exterior

Exterior Feature Patio

Garage Spaces 1.0

Pool None

Community Features Street Lights, Sidewalks

View Other

Roof Type Concrete

Street Surface Paved

Porch Patio

Garage Yes

Building

Lot Description < 1/4 Acre

Faces South

Story 1

Sewer Public Sewer

Water Public

Architectural Style One Story

Structure Type Block

Construction Status Resale

Others

Senior Community No

Tax ID 02-32-33-016-0410

Security Features Security System Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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Listed by Miller Eaton LLC
Bought with Mickael Lancri PA

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agent

Theresa Marie Ramos

+1(646) 825-1739

Agent | License ID: 3533533

Agent License ID: 3533533

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