Property Description

CORTE REAL ESTATE, as exclusive advisor, is pleased to present the opportunity to acquire 730 14th Place, a truly irreplaceable, fully gut-renovated multifamily asset located directly across from Flamingo Park in the heart of South Beach. Rarely does an investor have the opportunity to acquire a property that combines the character and charm of classic Miami Beach architecture with the infrastructure, systems, and finishes of effectively new construction.

Following an extensive renovation program exceeding $1,300,000, ownership has repositioned the Property into a best-in-class rental asset with virtually every major component upgraded or replaced. The Property consists of 12 residential units, including (6) one-bedroom units, (2) two-bedroom units, and (4) studio apartments, all finished to a standard rarely seen in the South Beach multifamily market. The units are currently leased under 12-month agreements with average rents of approximately $3,100 per month, providing immediate in-place cash flow while preserving future rental upside.

Features
Swimming Pool
Heating System
Cooling System
Architectural Style
Roof:
Other
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33139
Street:
730 14th Pl, Miami Beach, Florida 33139
Longitude:
W81° 51' 51.6''
Latitude:
N25° 47' 9.9''
MLS Addon
Building Area:
5,074 Sqft
Construction Materials:
Block
Cumulative DOM:
3
DOM:
3
Flooring:
Other
Internet Address Display:
1
Internet Listing Display:
1
Lot Features
Parcel Number:
02-42-04-007-0120
Subdivision Name:
MIAMI OCEAN VIEW CO AMD
Tax Annual Amount:
$25,934
Utilities
Virtual Tour:
Click Here

Residential Income For Sale

730 14th Pl, Miami Beach, Florida 33139, Miami Beach, Florida 33139

5,074 Sqft
$5,900,000
MLS # #A12052579
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$5,900,000
Square Footage :
5,074 Sqft
Year Built :
1933
MLS # :
A12052579
Property Sub Type :
Quadruplex
Agent info
Contact Agent