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$3,990,000
1 Day On Site

1240 14th St
Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Total Baths
13,300
SqFt
$300
/SqFt
1958
Built
County:
Miami-Dade
Call Now: 305-351-7766
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305-351-7766
1240 14th St1240 14th St1240 14th St1240 14th St
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PRIME CORNER LOT | 12-UNIT MULTIFAMILY | 100% OCCUPIED | VALUE-ADD OPPORTUNITY This is a rare opportunity to acquire a stabilized, income-producing asset with immediate cash flow and a clear path to forced appreciation through organic rent growth. 12 Total Units:· Unit Mix: 10 x 1BD/1BA | 2 x 2BD/2BA· Total Building Size: 13,300 SF· Occupancy: 100%· Onsite Parking· Below-Market Rents | Strong Value-Add Upside· Corner Lot | High Visibility Location 100% occupancy demonstrates the property’s consistent desirability and the strength of local rental demand. Current rents remain below market, presenting a clear value-add opportunity for an investor to execute a strategic rent repositioning strategy and unlock meaningful upside in NOI and overall asset value.

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Listing Snapshot
Price 
$3,990,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
13,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2238 Acres
Year Built 
1958
MLS® Number 
A11973033
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
13300
Water Source 
Public
Zoning 
3900
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Block
Community Features
Financing Terms Available 
CashConventional
MLS Area 
32
Listing courtesy of Cervera Real Estate Inc.

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Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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