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1240 14th St

$3,990,000

1240 14th St, Miami Beach, FL 33139

Active
Last Updated: 02/27/2026

13,300 sqft

Building Size

12

Units

Details:
Building Size:    13,300 sqft
Units:    12
Year Built:    1958
Floors:    2
Highlights:
  • Number Of Buildings: 1
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall/Window Units
  • Construction Materials: CBS Construction
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.

Map:
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