730 14th Pl, Miami Beach FL 33139

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 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.

This quadruplex home located at 730 14th Pl, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 3 days. This property is listed at $6M. It has N/A beds, N/A bathrooms, and is 5074 square feet. It was built in 1933. 730 14th Pl, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.