730 14th Place, Miami Beach, FL 33139

Listing Snapshot

About This Home

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.

General Features

Property Type

ResidentialIncome

Sub-type

Quadruplex

Stories

2

0

Zoning

3900

Utilities

CableAvailable

Subdivision

MIAMI OCEAN VIEW CO AMD

Interior Features

Flooring

Other

Heating

Electric,SeparateMeters

Cooling

CentralAir,CeilingFans

Exterior Features

Construction

Block

Roof

Other

Lot Features

QuarterToHalfAcreLot

Pool

No

Waterfront

No

Community Features

MLS Area

2320

Schools

Map

Virtual Tour