1661 West Ave, Miami Beach FL 33139, Miami Beach
$5,100,000
Miami Beach, FL, 33139
Property details
- Year built
- 1954
- Type
- Special Purpose
- Days on market
- 78
- MLS #
- A12004551
Listing courtesy of Shaptown Professional Services Corp · 509-999-2326. Listing agent: Joel Shapori. MLS data last updated 2026-07-08.
Description
1661 West Avenue presents a premier acquisition opportunity in the heart of a resilient corridor in Miami Beach. Anchored by the United States Postal Service (USPS), the asset provides immediate sovereign credit cash flow. Beyond NOI, this site offers a rare canvas for a visionary investor to shape the future of Miami Beach, contributing to the continued evolution and sophistication of this world-class destination. Credit-Tenant Stability: Current operations are anchored by the USPS, providing a recession-resistant income stream and notable downside protection. Infrastructure Injection: The site is a beneficiary of "The Public Infrastructure Injection" ("The Miami Beach Phase II"). This includes comprehensive street raising and modernized utility mains, designed to enhance long-term property resilience and value. Strategic Potential: Located within an established and evolving corridor, the property is positioned for a transformative play, leveraging its proximity to national retailers and the ongoing revitalization of the West Avenue district. Connectivity: The site is steps from the Lincoln Road Mall, Venetian Causeway, and Trader Joe's.
1661 West Ave, Miami Beach FL 33139, Miami Beach — for sale, listed for $5,100,000.
118 listings for sale in 33139 · median $2,549,500.
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The 4 active listings closest in price within the same market segment:
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n=244 · 2026-07-28 · Methodology
Price-reduction climate
30% of 118 active listings for sale in 33139 are listed below their original asking price.
n=118 · 2026-07-28 · Methodology
Current market segment
Right now: 118 active listings for sale in 33139, median asking price $2,549,500, median $699/sqft.
n=118 · 2026-07-28 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-28 · Methodology
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