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730 14th Pl, Miami Beach, FL 33139

$5,900,000 Beds Baths5,074 Sq. Ft.$1,163 / sq. ft.

Miami Beach, FL 33139 · MIAMI OCEAN VIEW CO AMD

Status
Active
Type
Quadruplex
Year Built
1933
Days on Market
3
MLS #
A12052579

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.

Property Details

Flooring
Other
Heating
Electric
Cooling
Ceiling Fan(s), Central Air
Architectural Style
Other

Building & Association

Building Name
MIAMI OCEAN VIEW CO AMD
Stories
2
Stories Total
2
Association
No

Lot & Construction

Lot Features
1/4 To Less Than 1/2 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
CBS Construction
Roof
Other
New Construction
No

Public Records

Parcel Number
02-42-04-007-0120
Tax Annual Amount
$25,934
Tax Year
2,025
Zoning
3900
County Or Parish
Miami-Dade County

Location

Courtesy of Corte Real Estate Group LLC

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