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.
- Swimming Pool
- Heating System
- Cooling System
- Architectural Style
- Roof:
- Other
- Sewer
- 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''
- 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
- 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
