730 14th Pl, Miami Beach, FL 33139
- $5,900,000
- 5,074
- SqFt
- List Price
- $5,900,000
- MLS#
- A12052579
- Sq. Ft
- 5,074
- Subtype
- Quadruplex
- County
- Miami-Dade
- Community
- Miami Ocean View Co Amd
- Subdivision
- Miami Ocean View Co Amd
- Year Built
- 1933
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.
/u.realgeeks.media/bobrickregroup/header.png)
Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 1
- Construction
- CBS Construction
- Cooling
- Ceiling Fan(s), Central Air
- Flooring
- Other
- Heating
- Electric
- Lot Description
- 1/4 To Less Than 1/2 Acre Lot
- Roof
- Other
- Taxes
- $25,934
- Total Floors
- 2
- Stories
- 2
- Roofing
- Other
- Price Per Sqft
- $1,162
Mortgage Calculator
Listing Courtesy Of Corte Real Estate Group LLC, Contact: