1240 14th St, Miami Beach, FL 33139

• 13,300 sqft

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.

Listing Status:

Active

Date Added:

February 26, 2026

Data Last Updated:

April 5, 2026 at 11:09PM

Listing Office:

Cervera Real Estate Inc. : 305-374-3434

Listing Agent:

Esther Santamaria : 786-359-8373

MLS ID:

A11973033

Interior

• A/C: Wall/Window Unit(s)
• Heating: Wall/Window Units

Construction

• General: CBS Construction2

Location

• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 3900BAY VIEW SUB PB 9-110 LOT 8 BLK 81 LOT SIZE 65.000 X 150 OR 19712-4095 0501 102-32-33-018-0010

Utilities

• Water: Public

Financial

• Source: Miami Association of REALTORS®