730 14th Pl
Miami Beach, FL 33139
JUST SOLD 2ND TIME · Multifamily Property For Sale
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8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 4,624 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1933 |
| Zoning | RM-1 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,624 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1933 |
| Zoning | RM-1 |
About 730 14TH PL , MIAMI BEACH, FL 33139
Sophia Loren Apartments was originally constructed in 1933 and consists of 8 legal apartments, 4,624 square feet of adjusted living area and a 7,000-square foot lot. As a legal 8-unit building, the property is comprised of three two-bedroom | two-bathroom units, five one-bedroom | one-bathroom units. The current owner had approved plans from the City of Miami Beach to convert the building to a 10 unit condominium building. Possibility of demolishing the structure behind and constructing a new one of 3 floors. Sophia Loren Apartments offers investors the unique opportunity to acquire a boutique multifamily property on a 7,000-square foot corner lot directly across from Flamingo Park in the center of South Beach. It is anticipated that an incoming investor will implement a renovation plan, convert the building to a legal 10 units and significantly increase rents.
Property Taxes
| Parcel Number | 02-4204-007-0120 | Improvements Assessment | $400,000 |
| Land Assessment | $1,400,000 | Total Assessment | $1,800,000 |
Property Taxes
