When was property at 1331 14th Terrace built and last sold?

The property at 1331 14th Terrace was built in 1933 and last sold on Sep 19, 2022 for $1,375,000.

How much is this home worth?

The estimated value of the home located at 1331 14th Terrace is $2,574,490.

What are some comparable homes to 1331 14th Terrace?

There are currently no comparable homes to 1331 14th Terrace.

Miami Beach

33139

West Avenue

1331 14th Ter

Map

$2,549,000

● Land - For Sale

1331 14th Ter

Miami Beach, FL 33139

Studio

0 Bath

$14,246

Est. Monthly

About This Property

This opportunity offers the chance to develop two luxurious townhomes designed by the renowned architect Jose Sanchez 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 September 30, 2026

Unit Size

Days on Market

79 days

Land Size

5,000.00 acres

Price per sqft

Property Type

Land

Property Taxes

$1,729

HOA Dues

Year Built

1933

Listed By

Humberto Rinaldi Sr

[email protected]

C W V Realty Group LLC

Florencia Yagodnik

[email protected]

C W V Realty Group LLC

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Miami MLS #A12062281)

Price History

Date / Event	Date	Event
Jul 30, 2026	Listed by C W V Realty Group LLC	$2,549,000
Listed by C W V Realty Group LLC
Sep 23, 2022	No longer available	-
No longer available
Sep 21, 2022	Sold	Premium
Sold
Sep 9, 2022	In contract	-
In contract
Sep 5, 2022	Price Decreased	$1,550,000 ↓ $240K (13.4%)
Price Decreased
Jun 4, 2022	Listed by C W V Realty Group LLC	$1,790,000
Listed by C W V Realty Group LLC
Jun 11, 2021	No longer available	-
No longer available
May 11, 2020	Listed by The Corcoran Group	$999,000
Listed by The Corcoran Group

	Exceptional development opportunity in West Ave neighborhood; ALREADY zoned Multi-Family Residential, max height of 3 floors, RM-1, Floor area ration 1.25. This home is currently tenant occupied willing to stay until permitted. Only 16 single family homes in this special pocket in South Beach that will soon be connect to Sunset Harbour! For a new build…. plus 9 feet flood elevation.. and from there 50 feet in height… so you could do build stories.. 1.25 FAR… three adjacent properties that can be joined together. The manager has listed the unit size as 1305 square feet.
Jan 13, 2017	Sold	Premium
Sold

Property Highlights

Garage

Parking Available

Exterior Details

Building Name: ALTON BEACH BAY FRONT RE-

Other Structures: Other Bldg Incl

Building Area Units: Square Feet

Lot Features: Other

Lot Size Area: 5000

Lot Size Units: Square Feet

Lot Size Acres: 5000

Lot Size Square Feet: 5000

Financial Details

Tax Annual Amount: $20,752

Building Info

Overview

General

Year Built: 1933

Effective Year Built: 1933
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 0
Building Quality: 13
Construction Type: 4
Building Style: 0
Exterior Walls Type: 7
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 120
Parking Space Count: 0
Patio Type: 25
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 5,000

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 500
Total Building Area: 1,305
Gross Building Area: 1,305
Building Area: 1,065
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,065
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ALTON BEACH BAY FRONT RE-SUB
Land Acres: 0000000115
Standard Land Use Code: 1001
County Land Use Code: 0101
State Land Use Code: 001
Legal Description 1: ALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 10 BLK 79 B LOT SIZE 50.000 X 100 OR 15822-0945 0293 1

Neighborhood

School District Name: Dade County School District

School Tax School District: MIAMI BEACH
Census Tract: 004304

Zoning

Zoning: 3900

Geography

Assessors Map Reference: 183

District: 02
Parcel: 02-3233-016-0400
Block: 79
Lot: 10
Meridian: SEC 33 TWN 53S RNG 42E
Municipality: MIAMI BEACH
Latitude: 25.7861
Longitude: -80.143

Address

Full Address: 1331 14th Ter

Address - House Number: 1331
Address - Street Name: 14th
Address - Suffix Type: Ter
State: FL
City Name: Miami Beach
Carrier Code: C044
4-Digit Zip Code: 3709
Zip Code: 33139

Valuation

Tax

Total Area: 1,185

Tax Year: 2023
Tax Amount: $2,173,810
Tax Rate Code Area: 200

Appraisal Valuation

Standard Deviation: 0.1776

Valuation Date: Apr 03, 2024
Confidence Score: 77
Final Value: 1,621,427
High Value: 1,909,475
Low Value: 1,333,379

Market Valuation

Market Total Value: $1,150,365

Market Land Value: $997,500
Market Improvement Value: $152,865

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $1,150,365
Assessed Land Value: $997,500
Assessed Improvements Value: $152,865

Sales

Current Sale Contract Date: Sep 19, 2022

Current Sale Recording Date: Sep 21, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 740511
Previous Sale Recording Date: Jan 13, 2017
Previous Sale Contract Date: Jan 11, 2017
Previous Sale Amount: $1,199,900
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About West Avenue

Stats & Trends

Median Asking:

$497,000

Sale Price/ft²

$690

Below Asking

0.01%

Average Days on Market

Average Home Size

1059 ft²

Average Home Age

43.4 years

Currently For Sale

226 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$9,000 /mo

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2 Baths
1,252 ft²

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$8,625 /mo

1 Bed
1 Bath
880 ft²

2301 Collins Ave #1015, Miami Beach, FL, 33139 Listing by Diana Rafailova

Unit for rent at 1000 West Avenue, Miami Beach, FL, 33139

$3,999 /mo

1 Bed
1 Bath
852 ft²

1000 West Avenue #314, Miami Beach, FL, 33139 Listing by Leonardo Alvarado

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Listed by: Humberto Rinaldi Sr
C W V Realty Group LLC
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A12062281

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.