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940 Jefferson Ave
Miami Beach, FL 33139
Multifamily Property For Sale
·
16 Units

Property Facts
| No. Units | 16 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,640 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1940 |
| Zoning | RM-1, Miami Beach | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,640 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | RM-1, Miami Beach |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
Site Amenities
- Controlled Access
- Courtyard
- Laundry Facilities
- Property Manager on Site
- Gated
About 940 JEFFERSON AVE , MIAMI BEACH, FL 33139
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 bedrooms - $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.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 12 | - | - |
Property Taxes
| Parcel Number | 02-4203-009-6720 | Improvements Assessment | $1,320,000 |
| Land Assessment | $1,120,000 | Total Assessment | $2,440,000 |
Property Taxes
Listing ID: 16131820
Date on Market: 5/22/2019
Last Updated:
Address: 940 Jefferson Ave, Miami Beach, FL 33139
The Flamingo Multifamily Property at 940 Jefferson Ave, Miami Beach, FL 33139 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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