1240 14th St
Miami Beach, FL 33139
Active
Property Description
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.
Property Details
Essential
- StatusActive
- Days On Site102
- Days To Sale2026-02-26T00:00:00.000Z
- MLS#A11973033
- Property TypeCommercial Sale
- Property Sub TypeIncome/MultiFamily
- Number of Stories2.0
- Property Size13,300 sqft
- Lot Size9750.00 Square Feet
- HOANo
- Data SourceMiami Association of REALTORS®
- Latest Update06/06/2026
