935 Jefferson Ave

Miami Beach, FL, 33139

$3,800,000

$434 per ft²
$3,800,000
$434 per ft²
Active
Active
 - For Sale
carpenters-square
8,746 ft²
property_type
Multi-family
calendar
Built 1963
OPPORTUNITY IN SOUTH BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED 3900 MULTI-FAMILY - 38-62 U/A. EIGHT STUDIOS LEASED AT AN AVERAGE OF $1,200 PER MONTH, AND FIVE ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,500 PER MONTH. WAY BELOW MARKET RENTS.THERE ARE ALSO TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY / GAS KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. THIRD PARTY COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.
MLS® ID:
A11242201
Listed:
7/15/22
Updated:
10/1/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile, Vinyl
Cooling
Wall/Window Unit(s)
Heating
None

Exterior/Building Features

Lot Size
8,746 ft² lot
Architectural Style
Detached
Lot Details
Less Than 1/4 Acre Lot
Roof
Concrete
Sewer
Public Sewer

Other Property Details

Area Name
Ocean Beach Addn No 3
Taxes
$36299
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
10.0
View
N
County
Miami-Dade County
Pool
No
Total Stories
2
Zoning
3900

Courtesy of Uriel Chemerinski, Beachfront Realty Inc,

Based on information from Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 8:10 AM UTC, 10/1/22.

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