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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