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Map
$3,616,059*
●
Multifamily -
Off Market
935 Jefferson Ave
Miami Beach, FL 33139
Studio
0 Bath
8746 Sqft
$3,060,000 - $3,740,000
Reference Base Price*
6.35%
Since Apr 1, 2023
FL-Miami
Primary Model
About This Property
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.
The manager has listed the unit size as 8746 square feet.
The manager has listed the unit size as 8746 square feet.
Unit Size
8,746Ft²
Days on Market
-
Land Size
-
Price per sqft
$389
Property Type
Multifamily
Property Taxes
$3,025
HOA Dues
-
Year Built
1963
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 13, 2023 | No longer available | - | |
| No longer available | |||
| Nov 12, 2022 | Listed | $3,400,000 | |
| Listed | |||
Property Highlights
Air Conditioning
935 Jefferson Ave
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Condo
3
Beds
4
Baths
2,826 ft²
$1,239/ft²
$3,500,000
Aug 14, 2023
$3,500,000
Sep 15, 2023
$6,047/mo
Condo
3
Beds
4
Baths
2,533 ft²
$1,398/ft²
$3,540,000
Jun 21, 2023
$3,540,000
Nov 21, 2023
$8,752/mo
Sold
Condo
2
Beds
3
Baths
2,003 ft²
$1,498/ft²
$3,000,000
Nov 2, 2023
$3,000,000
Feb 1, 2024
$3,264/mo
Condo
3
Beds
4
Baths
2,250 ft²
$1,189/ft²
$2,675,000
Aug 18, 2023
$2,675,000
Jan 4, 2024
$3,825/mo
Condo
3
Beds
3
Baths
2,340 ft²
$1,154/ft²
$2,700,000
Mar 23, 2023
$2,700,000
Jan 12, 2024
$5,356/mo
Sold
Condo
2
Beds
3
Baths
1,764 ft²
$1,757/ft²
$3,100,000
Aug 15, 2023
$3,100,000
Feb 14, 2024
$2,749/mo
Active
Multifamily
Stu
-
1,855 ft²
$1,536/ft²
$2,850,000
Feb 12, 2024
-
$1,526/mo
Active
Condo
1
Bed
3
Baths
1,660 ft²
$2,105/ft²
$3,495,000
Jan 22, 2024
-
$6,137/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/16/2022
|
|
Studio
|
-
|
8746 ft²
|
$3,800,000
Studio
-
8746 ft²
|
-
-
|
-
|
Uriel Chemerinski
Beachfront Realty Inc
|
Building Info
935 Jefferson Avenue
935 Jefferson Avenue, Miami Beach, FL 33139
- 1 Unit for Sale
