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.

Features
Heating System
Cooling System
Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33139
Street:
1240 14th St, Miami Beach, Florida 33139
Longitude:
W81° 51' 29.1''
Latitude:
N25° 47' 6''
MLS Addon
Building Area:
13,300 Sqft
Construction Materials:
Block
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash,Conventional,1031 Exchange
Parcel Number:
02-32-33-018-0010
Structure Type:
Apartment

Commercial Sale For Sale

1240 14th St, Miami Beach, Florida 33139, Miami Beach, Florida 33139

9,750 Sqft
$3,990,000
MLS # #A11973033
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$3,990,000
Year Built :
1958
Lot Area :
9,750 Sqft
MLS # :
A11973033
Property Sub Type :
Multi Family
Agent info
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