1240 14th St Miami Beach, FL $ 3,990,000
1240 14th St
$ 3,990,000
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1240 14th St

Miami Beach, FL, 33139
$ 3,990,000
Bedrooms10 Baths-- Sq 13,300

Monthly Estimate*

$ 24,567

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Commercial Property for sale in Miami Beach, FL

for $3,990,000 with 10 bedrooms. This 13,300 square foot building was built in 1958.

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.

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Commercial Active

Price

$ 3,990,000

Bedrooms

10

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1958

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11973033

Features
General
Heating Window Unit Wall Furnace
Cooling Wall/Window Unit(s)
Construction Materials Block
Year Built 1958
Stories Count 2
Levels Two
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
City Miami Beach
Zoning Description 3900
Number Of Units Total 12
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 9750
Listing Terms Cash Conventional 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11973033
Structure Type Apartment
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Multi Family
Legal Description BAY VIEW SUB PB 9-110 LOT 8 BLK 81 LOT SIZE 65.000 X 150 OR 19712-4095 0501 1
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 10
Total Baths 0
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Exterior
Water Source Public
Lot Size Area 9750
Number of Buildings 1
Building Area Total 13300
Covered Spaces 0
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* Excluded Features
List By
Cervera Real Estate Inc.

Broker

esther@cervera.com

Email

Affordability Calculator

$24,567
Per Month
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0%
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Monthly Principal & Interest
$24,567
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/26/2026$3,990,000 Listed Price

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1240 14th St, Miami Beach, FL, 33139 is a Commercial Property for sale at $3,990,000 with 13,300 sqft. 1240 14th St has 10 bedroomsThe property's zip code is 33139 which is in Miami Beach, FL