Miami Ocean View Multifamily Homes For Sale

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.