Miami Beach, FL 33139 1240 14th St

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Presented By: This listing is courtesy of Cervera Real Estate Inc.
  • MLS# A11973033
  • 02/26/2026
  • Request Tour
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  • Beds • 10
  • SQFT • 13,300

Home Details

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.
Presented By: This listing is courtesy of Cervera Real Estate Inc.

Interior Features for 1240 14th St

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes

General for 1240 14th St

CityMiami Beach
Construction MaterialsBlock
CoolingWall/Window Unit(s)
CountyMiami-Dade
Full Baths
HeatingWindow Unit, Wall Furnace
Legal DescriptionBAY VIEW SUB PB 9-110 LOT 8 BLK 81 LOT SIZE 65.000 X 150 OR 19712-4095 0501 1
LevelsTwo
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet9750
Lot Size UnitsSquare Feet
MLS Area32
Number Of Units Total12
Occupancy TypeCall Agent
PostalCityMiami Beach
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Stories Count2
Structure TypeApartment
Virtual TourClick here
Year Built1958
Zoning Description3900

Exterior for 1240 14th St

Building Area Total13300
Covered Spaces
Lot Size Area9750
Number of Buildings1
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Irving Lora

Realtor®
Price $3,990,000
MLS#A11973033
List Date 02/26/2026
Property Type Commercial
Phone 917.331.2009
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