Property photo 1 Property photo 2 Property photo 3 Property photo 4 Property photo 5 Property photo 6 Property photo 7 Property photo 8 Property photo 9 Property photo 10 Property photo 11 Property photo 12 Property photo 13 Property photo 14 Property photo 15 Property photo 16 Property photo 17 Property photo 18 Property photo 19 Property photo 20 Property photo 21
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$5,900,000

730 14th Pl, Miami Beach FL 33139

Miami Beach, FL 33139

Star Island

0

Bedrooms

0

Bathrooms

5,074

Sq Ft

1933

Year Built

About This Property

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

Property Type Residential Income
Status Active
Days on Market 3
MLS # 7da472111df6ca47f2faf6c556e25539