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Active
$3,990,000
1240 14th St, Miami Beach FL 33139
📍 Miami Beach, FL, 33139
🏗1958Año constr.

Descripción

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.

Detalles de la propiedad

Tipo / Type Commercial Sale
Subtipo / Subtype Income/MultiFamily
Estado / Status Active
Condado / County Miami-Dade County
Código postal / ZIP 33139
Año construido / Year built 1958
Listing Key c697634248600f16de1a4e4c52765f29

Ubicación

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