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1331 14th Terrace

Miami Beach FL 33139

5000 sq. ft.
Other
Currently for sale - view listing

Overview

This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect José Sánchez of Praxis, with development led by CWV Homes. Each townhome will feature four floors plus a rooftop, offering 2,960 square feet of air-conditioned space. The layout includes four bedrooms and four bathrooms, with private balconies for every bedroom, a private elevator, and two parking spaces per unit. These features cater to high-end buyers seeking modern, spacious living in Miami Beach. The permitting process is already underway with the City of Miami Beach, helping reduce the overall timeline for development. The property currently includes an existing house generating $3,200 in monthly rental income. The lease for this house is in place until June 30, 2026

Features

5000 sq. ft. lot size
Other

Property history for 1331 14th Terrace

2022
Sold
$1,375,000
20 Sep 2022 by Mina Taskiran, of The Corcoran Group
2017
Sold
$1,199,900
11 Jan 2017

Happy sellers in Miami Beach

95%
95% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Miami Beach over the last 12 months.

Local market activity for other properties in Miami Beach

In the last 12 months, 23 other properties similar to 1331 14th Terrace, have been sold.

This represents a 16% increase in other properties sales when compared to the previous 12 months.

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