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$3,990,000

1240 14th St, Miami Beach FL 33139

Miami Beach, FL 33139

Star Island

0

Bedrooms

0

Bathrooms

0

Sq Ft

1958

Year Built

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.

Property Details

Property Type Commercial Sale
Status Active
Lot Size 9,750 sq ft
Days on Market 1
MLS # c697634248600f16de1a4e4c52765f29