Fully renovated 12-unit luxury multifamily building in the heart of South Beach, just 1 block from Flamingo Park. Turn-key asset with a mix of 1BR and 2BR units, featuring quartz countertops, SS appliances, designer flooring, modern lighting, and upgraded fi

960 JEFFERSON AVE, Miami Beach

$5,500,000 USD
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Address960 JEFFERSON AVE, Miami Beach
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
Business LocationCorner Lot
Property StyleIncome Non-Waterfront
Price$5,500,000
Previous Price$5,800,000 (51 days ago)
Property StatusActive
MLS NumberA11787876
Property Size7000
Lot Size7000
Year Built1936
Folio Number02-42-03-009-6690
Zoning Information3900
Days on Market143

Detailed Description: Fully renovated 12-unit luxury multifamily building in the heart of South Beach, just 1 block from Flamingo Park. Turn-key asset with a mix of 1BR and 2BR units, featuring quartz countertops, SS appliances, designer flooring, modern lighting, and upgraded finishes thru out. Located in a high-demand rental corridor with high walkability – steps to the beach, Lincoln Road, and world-class dining. Stabilized with strong income and centrally positioned in with $220M + in public improvements underway. Rare opportunity to own a cash-flowing, ready to go asset in one of Miami Beach’s most vibrant neighborhoods.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address960 JEFFERSON AVE
Business LocationCorner Lot
Section2
Zip Code (4 Digits)8484
Financial Information
Price$5,500,000
Price per Foot$0
Previous Price$5,800,000
Folio Number02-42-03-009-6690
Tax Amount$24,113
Full Descriptions
Detailed DescriptionFully renovated 12-unit luxury multifamily building in the heart of South Beach, just 1 block from Flamingo Park. Turn-key asset with a mix of 1BR and 2BR units, featuring quartz countertops, SS appliances, designer flooring, modern lighting, and upgraded finishes thru out. Located in a high-demand rental corridor with high walkability – steps to the beach, Lincoln Road, and world-class dining. Stabilized with strong income and centrally positioned in with $220M + in public improvements underway. Rare opportunity to own a cash-flowing, ready to go asset in one of Miami Beach’s most vibrant neighborhoods.
Year Built DescriptionResale
Floor DescriptionTile
Parking DescriptionOn Street
Property parameters
Living Area7000
Lot Size7000
Total Acreage0.000
Zoning Information3900
Maximum Leasable Size7000
Year Built1936
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Commercial / Residential Income
StyleIncome Non-Waterfront
Construction TypeCBS Construction,Other
Stories Number2
Listed withUrban Resource LLC