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Income/MultiFamily

1240 14th St, Miami Beach, FL 33139
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$3,990,000  Built: 1958
N/A N/A N/A
Type of PropertyIncome/MultiFamily
Style of PropertyApartments
Property Ft²13,300
Living Ft² 
Price per Ft²N/A
PetsN/A
WaterfrontN/A
PoolN/A
FurnitureN/A
Property description of Income/MultiFamily

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.

Exterior Features
No information about Exterior Features.
Interior Features
No information about Interior Features.
Amenities
No information about Amenities.
Equipment/Appliances
No information about Equipment/Appliances.
Property Features
Name 
MLSA11973033
ForeclosureN/A
Short SaleN/A
Parking 
Parking Restrictions 
Parking Spaces 
Lot Ft²9,750
Approx. Lot Size 
Boat Dock 
Last Update137 days
Pet Restrictions 
Floor Number 
Cooling DescriptionWall/Window Unit(s)
Heating DescriptionWall/Window Units
View 
ConstructionCBS Construction
Flooring Type 
Maintenance Fees 
TaxesN/A
Property contact form
Gladys Martinez PA
Gladys Martinez PA305-321-7889gmrealtor7@gmail.com
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City

Miami Beach

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MLS Data Source: Miami Association of REALTORS. Copyright SEFMLS © 2026
Listing is a courtesy of Cervera Real Estate Inc.. Office (cervera@cervera.com, 305-374-3434). Agent (esther@cervera.com, 786-359-8373).
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Gladys Martinez - Real Estate Sales AssociateCompass Florida, LLC.NAR RealtorEqual Housing Opportunity

Gladys Martinez is a real estate agent affiliated with Compass Florida, LLC.. Compass Florida, LLC. is a licensed real estate broker and abides by equal housing opportunity laws. All material presented herein is intended for informational purposes only. information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. no statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.

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