1017 Jefferson Avenue, Miami Beach, FL 33139

Listing Snapshot

Price

$4,600,000

Days on Site

143 Days

Bedrooms

0

Total Baths

0

Total Sq Ft

11,900 sqft

Lot Size

0.24 Acres

Year Built

1925

Property Type

Commercial

MLS #

A11823186

County

Miami Dade

Status

Sold

About This Property

Offered at a 6.5% Proforma Cap, the property is currently 100% occupied. The property is part of a 10-property portfolio all located in South Beach. It can be purchased individually or as part of the portfolio. The property has 15 Studios, 3 2BR/1BA and 2 2BR/2BA. It has over $930,000 in combined CapEx between the current and previous owner. Building interior & exterior was painted in 2024 ($58k). The property features community laundry. It has 6 fully renovated units.

General Features

Property Type

Commercial

Status

Sold

Year Built

1925

Lot Size (Acres)

0.24

Total Sq Ft

11,900

Zoning

3900

Community & HOA

Financing Terms

Cash / Conventional

MLS Area

2420