- MLS® #: A11973033
- 1240 14th St
- Miami Beach, FL 33139-3772
- $3,990,000
- Business
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.
View Virtual TourEssential Information
- MLS® #A11973033
- Price$3,990,000
- CAD Dollar$5,514,611
- UK Pound£2,964,965
- Euro€3,404,128
- Bathrooms0.00
- Year Built1958
- TypeBusiness
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address1240 14th St
- Area32
- CityMiami Beach
- CountyMiami-Dade
- StateFL
- Zip Code33139-3772
Interior
- HeatingWindow Unit, Wall Furnace
- CoolingWall/Window Unit(s)
- # of Stories2
- StoriesTwo
Exterior
- ConstructionBlock
- Office: Cervera Real Estate Inc.
Property Location
1240 14th St on www.jupiteroceanfronthomes.us
Offered at the current list price of $3,990,000, this home for sale at 1240 14th St features bedrooms and 0 bathrooms. This real estate listing is located in of Miami Beach, FL 33139-3772 . 1240 14th St is listed under the MLS ID of A11973033 and has been on the Miami Beach real estate market for 42 days.Facts About Miami Beach, FL
Over the past 20 years, no American beach has generated as much buzz as the one that hugs Ocean Drive in Miami Beach. Fringed with palms, backed by Art Deco architecture and pulsating with urban energy, South Beach is the place to stretch out.
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the REALTOR® Association of Greater Miami and the Beaches, and is updated as of April 11th, 2026 at 3:14am CDT (date/time).
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