ActiveMLS# 115362471282 days on market
$3,990,000
1240 14th St
Miami Beach, FL, 33139
0Bedrooms
0Bathrooms
—Sq Ft
1958Year Built
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About This Property

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.

Key Features

  • 9,750 SquareFeet Lot
  • Built in 1958

Property Details

  • Type: Single Family Home
  • Year Built: 1958
  • Lot Size: 9,750 sq ft
  • HOA: Contact Agent
  • Bedrooms: 0
  • Bathrooms: 0
  • Feature: 9,750 SquareFeet Lot
  • Feature: Built in 1958
  • Status: Active
  • MLS Number: 1153624712
  • Days on Market: 82
  • Listed By: MLS Listing
  • Zip Code: 33139
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$3,990,0001240 14th St, Miami Beach, FL
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