No photos available
Offered at
$3,990,000
1240 14th Street, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 13,300
- Sq.Ft.
Listing courtesy of Esther Santamaria, Cervera Real Estate Inc.
Property Description
PRIME CORNER LOT | 12-UNIT MULTIFAMILY | 100% OCCUPIED | VALUE-ADD OPPORTUNITYThis 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 Location100% 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.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 1240 14th Street, Miami Beach, FL 33139
- Zoning
- 3900
- MLS ID
- A11973033
- Listing Date
- 2026-02-26
- Last Updated
- 5/19/2026, 3:37:22 PM
- Days on Market
- 105
Features & Amenities
The Details
Exterior
- Construction
- CBS
- Water Source
- Public
- Cooling
- Wall/Window Unit(s)
- Heating
- Window/Wall
Details
- Building Area
- 13,300 sq.ft.
- Lot Size
- 9,750 sq.ft.
- Lot Size (Acres)
- 0.22 acres
- Year Built
- 1958
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $3,990,000
- Original List Price
- $3,990,000
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.