960 Jefferson Ave 12 Unit Apartment Building $5,250,000 ($437,500/Unit) 5.44% Cap Rate Miami Beach, FL 33139

Turnkey 12-Unit Luxury Multifamily in Prime South Beach
Fully renovated and stabilized 12-unit multifamily asset located in the heart of Miami Beach’s highly desirable Art Deco District, just one block from Flamingo Park & Tennis Center. 960 Jefferson features a curated mix of modern one- and two-bedroom units, each upgraded with premium finishes including quartz countertops, stainless steel appliances, designer tile, and modern lighting.
All major systems have been replaced or upgraded, making this a true turnkey investment opportunity. The building is fully compliant with modern codes and delivers strong in-place income with future upside potential. Situated in the heart of South Beach and benefiting from over $220M in public funded improvements, the property is ideally positioned for long-term appreciation. With a Walk Score of 96, residents are steps from world-class shopping, dining, beaches, parks, and public transit. The South Beach submarket remains one of the most resilient and supply-constrained rental markets in the country, offering both stability and growth. Contact us for the full financial package or to schedule a private tour.