1240 14th St, Miami Beach FL 33139

Description

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.

This income/multifamily home located at 1240 14th St, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 82 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1958. 1240 14th St, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.