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$3,990,000
New Listing

1240 14th St
Miami Beach, FL 33139

For Sale|Multi Family|Active
0
Beds
0
Total Baths
13,300
SqFt
$300
/SqFt
1958
Built
County:
Miami-Dade
1240 14th St1240 14th St1240 14th St1240 14th St
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Monthly Payment (Est.)

$18,204
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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.

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Listing Snapshot
Price 
$3,990,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,300 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2238 Acres
Year Built 
1958
MLS® Number 
A11973033
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
16 hours agoListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
13300
Water Source 
Public
Zoning 
3900
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Block
Community Features
Financing Terms Available 
CashConventional
MLS Area 
32
Listing courtesy of Cervera Real Estate Inc.

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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