About 730 14th Place
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.
Features of 730 14th Place
| MLS® # | A12052579 |
|---|---|
| USD | $5,900,000 |
| CAD | $8,159,641 |
| CNY | 元39,639,150 |
| EUR | €5,084,266 |
| GBP | £4,372,974 |
| RUB | ₽512,427,980 |
| Square Footage | 5,074 |
| Year Built | 1933 |
| Type | Residential |
| Sub-Type | Quadruplex |
| Status | Active |
| HOPA | No Hopa |
Community Information
| Address | 730 14th Place |
|---|---|
| Area | 2320 |
| Subdivision | MIAMI OCEAN VIEW CO AMD |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33139 |
Amenities
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Electric, Separate Meters |
|---|---|
| Cooling | Central Air, Ceiling Fan(s) |
| # of Stories | 2 |
Exterior
| Roof | Other |
|---|---|
| Construction | CBS |
School Information
| Elementary | Miami Beach Fienberg / Fisher K-8 |
|---|---|
| High | Miami Beach |