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730 14th Pl

Miami Ocean View Co Amd, Miami Beach, FL 33139

$5,900,000

5,074 Sqft

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730 14th Pl
Miami Ocean View Co Amd, Miami Beach, FL 33139

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32 / Miami Beach / FL

Quadruplex HIGHLIGHTS

Property Type

Residential Income, Quadruplex
Style

Fourplex
Year Built

1933
Cooling

Yes - Central Air, Ceiling Fan(s)
Heating

Yes - Electric
RE Tax

$25,934

Listing courtesy of Ugo Cortesano of Corte Real Estate Group LLC.

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.

730 14th Pl

Facts & Features

Living Area

5,074 Sqft
MLS #

A12052579
Property Type

Quadruplex

Subdivision

Miami Ocean View Co Amd
Year Built

1933

Architectural Style

Fourplex
Building Area Total

5074
Construction Materials

Block

Levels

Two
Stories

2
Year Built

1933

Subdivision

MIAMI OCEAN VIEW CO AMD
Zoning Description

3900

Roof

Other

Annual Taxes

$25,934
Rent Includes

Gardener, Sewer, Trash Collection, Cable TV, Water

Cooling

Yes - Central Air, Ceiling Fan(s)
Flooring

Other
Heating

Yes - Electric

Sewer

Public Sewer
Utilities

Cable Available

Home Price

in US Dollars

Down Payment

Interest Rate

Mortgage Term

Total/Month

Principal & Interest
Property Taxes (monthly) $2,161

*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.

730 14th Pl

Location

Nearby Points of Interest

Abbott Florist
Non Food Shops, Independent
Bikini Luxe Swimwear
Clothing, Independent
Conviva Care Center Cutler Bay
Health Care, Independent
Dollar Bazaar LLC
Non Food Shops, Independent
Electric Charging Station
Car Fueling Stations, Independent

Data courtesy of LocalLogic.co

Neighborhood

South Beach

South Beach, Miami Beach, FL, is a lively coastal neighborhood known for its iconic beaches, historic Art Deco architecture, and vibrant social and cultural scene. Expansive sandy shores and clear waters make it ideal for swimming,...

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730 14th Pl

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Information deemed reliable but not guaranteed. Information is provided, in part, by Greater
Miami MLS. This information being provided is for consumer's personal, non-commercial use and may
not be used for any other purpose other than to identify prospective properties consumers may be
interested in purchasing.

This information being provided is for consumer's personal, non-commercial use and may not be
used for any other purpose other than to identify prospective properties consumers may be interested
in purchasing.