935 Jefferson Ave

Miami Beach, FL, 33139

$3,400,000

$388 per ft²
$3,400,000
$388 per ft²
Active
Active
 - For Sale
carpenters-square
8,746 ft²
property_type
Multi-family
calendar
Built 1963
EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY 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. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.
MLS® ID:
A11301934
Listed:
11/10/22
Updated:
2/1/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Tile, Vinyl
Cooling
Wall/Window Unit(s)
Heating
Electric

Exterior/Building Features

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
10
Parking Total
10.0
View
N
County
Miami-Dade County
Pool
No
Total Stories
2
Zoning
3900
Sub Agency Compensation
3%
Buyer Agency Compensation
3%
Transaction Broker Compensation
3%

Courtesy of Uriel Chemerinski with Beachfront Realty Inc
Listing Contact:  

Based on information from the 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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 3:41 PM UTC, 2/1/23.

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