Address
940 Jefferson Ave Miami Beach, FL
Price
$ 3,750,550
Property Attributes
  • MLS#A10678518
  • TypeCommercial
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area42
  • Zip33139
  • StyleMultiFamily
  • Year Built1940
  • Taxes42564
  • Price$ 3,750,550
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,000 SqFt
Listing Provided Courtesy Of:
Beachfront Realty Inc
Data Source:
Southeast Florida MLS SEFMLS
Property Description

940 Jefferson Avenue a 16-unit multifamily property located in the heart of South Beach. Built in 1940, the property has been upgraded and totals 8,597 square feet on two stories. The property is 100% occupied with $1,300 per unit market rents for studios and $1,600 per unit market rent for one bedroom - $264,000 per year in potential gross income. The building is in excellent condition including central air conditioning, upgraded unit interiors, kitchen cabinets, and countertops. The 16-units are available free and clear. In addition, the owner is selling an additional 16-units at 1101 Euclid Avenue. 940 Jefferson Avenue and 1101 Euclid can be acquired together or separately.

Price History
7/29/2020 Listed $3,750,550

General Features

Electric Item100AmpService
MLS Area 42
Property SubType MultiFamily
Property Type CommercialSale
Zoning Description 3900

Exterior Features

Covered Spaces 0.0
Lot Size Area 7000.0
Lot Size Square Feet 7000.0
Lot Size Units SquareFeet
Total Parking 0.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33139

Price
AVG $4.72M
$3.75M
Taxes
AVG $41,703
$42,564
Visits
AVG 99
97
Year Built
AVG 1955
1940
Walkscore
AVG 94
94
Data Provided by Walkscore ® not using MLS data

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