1685 Jefferson Ave
Miami Beach, FL 33139
Multifamily Property For Sale
·
20 Units
Property Facts
| No. Units | 20 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 8,185 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | C | ||
| Zoning | CD-3, Miami Beach - CD-3 zoning Commercial High Intensity District to support dense business core like hotels, apartments, and restaurant. 100 units/acre density. | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,185 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | CD-3, Miami Beach - CD-3 zoning Commercial High Intensity District to support dense business core like hotels, apartments, and restaurant. 100 units/acre density. |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Range
About 1685 JEFFERSON AVE , MIAMI BEACH, FL 33139
1685 Jefferson Avenue was originally constructed in 1956 and consists of 20 apartments, 8,185 square feet of adjusted building area and a 7,500-square foot lot per the Miami-Dade property appraiser. The property currently operates as a traditional apartment building and is comprised of 18 studios and two (2) one-bedroom|one-bathroom apartments. However, as 1685 Jefferson Avenue is not a contributing historic building and given its location within the CD-3 zoning district, an incoming investor has multiple options to reposition the property. The CD-3 zoning area is designated as the “Commercial, High-Intensity District” in the City of Miami Beach. The code allows for a variety of uses, including apartments, apartment hotels, hotels, hostels, and suite hotels (pursuant to section 142-1105), alcoholic beverage establishments (pursuant to Chapter 6) and religious institutions with occupancy of 199 persons or less. The maximum FAR is 2.25, which would allow for up to 16,875 total square feet, while maximum height is set at 75 feet. 1685 Jefferson Avenue is being offered for sale unpriced, to be determined by market.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | $1,369 | 375 |
| 1+1 | 2 | $1,650 | 700 |
Property Taxes
| Parcel Number | 02-3234-007-0620 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,311,000 |
Property Taxes
