bernardpoirier

1240 14th St, Miami Beach FL 33139

Active

Listing #A11973033

$3990000
Bedrooms
full Bathrooms
9750 Square Feet
Commercial Sale Type

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 Features

Location Information

County

Miami-Dade County

Section

33

Area

13300

Subdivision

Interior Features

Interior

Cooling

Wall/Window Unit(s)

Bedrooms

Floors

Full Baths

Appliances

Heating

Wall/Window Units

Exterior Features

Style

Garage Spaces

Construction/Exterior

CBS Construction

Patio / Deck Description

Exterior

Has a Pool

Possession

Lot Size in Acres

Water

Public

Sewer

Lot Size in Sq. Ft.

9750

Has Waterfront

No

Parking Description

View

Has Garage

No

Additional Information

Roof/Attic

Senior Community

No

Other Utilities

Property Type

Commercial Sale

Pets

Property SubType 2

Income/MultiFamily

Tax Year

NA

Year Built

1958

Tax Amount

$

APN

NA

Square Feet Source

NA

Map

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