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730 14th Pl
Miami Beach, FL 33139
Casa Meridian · Multifamily Property For Sale
·
12 Units


Investment Highlights
- Fully Renovated Property
- Unmatched Walkability & Connectivity
- Located directly across from Flamingo Park
- World-Class Location in the Heart of South Beach
Executive Summary
CORTE REAL ESTATE GROUP, 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.
Beyond its current performance, 730 14th Place offers investors a compelling combination of income stability and long-term appreciation potential. The quality of the renovations, coupled with the Property’s highly desirable location and boutique design, positions the asset to command premium rents and attract a high-quality tenant base for years to come.
Strategically situated at the epicenter of South Beach, residents enjoy immediate access to Flamingo Park, Lincoln Road, Ocean Drive, Collins Avenue, Washington Avenue, world-renowned beaches, premier dining, entertainment, fitness, and retail destinations. This exceptional walkability and lifestyle appeal continue to drive strong rental demand from both domestic and international tenants.
South Beach remains one of the most supply-constrained rental markets in the United States, where strict zoning regulations, limited development sites, and significant barriers to entry have created a fundamentally favorable environment for multifamily owners. As a result, fully renovated assets of this caliber rarely become available.
730 14th Place represents a rare opportunity to acquire a turnkey, trophy multifamily asset with minimal near-term capital requirements in one of the most desirable, supply-constrained, and globally recognized rental markets in the world. For investors seeking immediate cash flow, long-term appreciation, and a truly differentiated asset, the Property offers a compelling and highly defensible investment opportunity.
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.
Beyond its current performance, 730 14th Place offers investors a compelling combination of income stability and long-term appreciation potential. The quality of the renovations, coupled with the Property’s highly desirable location and boutique design, positions the asset to command premium rents and attract a high-quality tenant base for years to come.
Strategically situated at the epicenter of South Beach, residents enjoy immediate access to Flamingo Park, Lincoln Road, Ocean Drive, Collins Avenue, Washington Avenue, world-renowned beaches, premier dining, entertainment, fitness, and retail destinations. This exceptional walkability and lifestyle appeal continue to drive strong rental demand from both domestic and international tenants.
South Beach remains one of the most supply-constrained rental markets in the United States, where strict zoning regulations, limited development sites, and significant barriers to entry have created a fundamentally favorable environment for multifamily owners. As a result, fully renovated assets of this caliber rarely become available.
730 14th Place represents a rare opportunity to acquire a turnkey, trophy multifamily asset with minimal near-term capital requirements in one of the most desirable, supply-constrained, and globally recognized rental markets in the world. For investors seeking immediate cash flow, long-term appreciation, and a truly differentiated asset, the Property offers a compelling and highly defensible investment opportunity.
Property Facts
| Price Per Unit | $491,667 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 12 | Building Size | 5,074 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1933 |
| Zoning | RM-1 - Residential | ||
| Price Per Unit | $491,667 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,074 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1933 |
| Zoning | RM-1 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 6 | - | - |
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | 02-4204-007-0120 | Improvements Assessment | $400,000 |
| Land Assessment | $1,400,000 | Total Assessment | $1,800,000 |
Property Taxes
Parcel Number
02-4204-007-0120
Land Assessment
$1,400,000
Improvements Assessment
$400,000
Total Assessment
$1,800,000
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