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730 14th Pl

Miami Beach, FL

Listing Details

  • $5,900,000
  • MLS# A12052579
  • Type Multi Unit - Multiple
  • Status Active
  • 5,074
    Square Feet
  • 1933
    Year Built

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... Read more 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.

Key Features

No amenity information available.

View All Features
730 14th Pl
Miami Beach, FL 33139
Subdivision
MIAMI OCEAN VIEW CO AMD
County
Miami-Dade

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Cooling: Ceiling Fan(s), Central Air
  • Crops Included Y/N: No
  • Days on Site: 19
  • Exterior: CBS Construction
  • Flooring: Other
  • Heating: Electric
  • Home Warranty Y/N: No
  • Lease Considered Y/N: No
  • Listing Terms: All Cash, Conventional
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Parcel#: 02-42-04-007-0120
  • Property Attached Y/N: No
  • Property Sub-Type: Quadruplex
  • Roof Type: Other
  • Sewer: Public Sewer
  • Stories: 2.0
  • Taxes: $25,934
  • Units: 12
  • Year Built: 1933