935 Jefferson Ave ,Detached, Quadruplex, Ocean Beach Addn No 3 for Sale

935 Jefferson Ave for Sale

Price $3,400,000.00

  • Lot size 8746
  • Year Build 1963
  • Waterfront
  • Zip 33139
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active
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Description

EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.

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OCEAN BEACH ADDN NO 3 PB 2-81 LOT 13 BLK 70 LOT SIZE 50.000 X 140 OR 20442-2225 0502 1

Less Than 1/4 Acre Lot

EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Flooring:1:Vinyl,Latitude:25.78004,Cooling Y N:1,Heating Y N:1,List Price:3400000,Listing Id:A11301934,Longitude:-80.1369922,Mls Status:Active,Year Built:1963,Living Area:8746,Postal Code:33139,Street Name:Jefferson Ave,Coordinates:1:25.78004,Photos Count:16,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:39,Listing Terms:1:Owner Will Carry,Lot Size Units:Square Feet,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2022-11-11,Parcel Number:02-42-03-009-4450,Parking Total:10,Property Type:Residential Income,Rent Includes:1:Pest Control,2:Sewer,3:Trash Collection,4:Water,Stories Total:2,Street Number:935,M I A M I R E_ Style:Fourplex,Public Remarks:EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2023-03-11,List Office Name:Beachfront Realty Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:8483,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:36299,Unparsed Address:935 Jefferson Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Year Built Details:Unknown,Building Area Total:8746,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:388.7491,Original List Price:3400000,Public Survey Range:42,Documents Available:1:Other Available Information,I D X Participation Y N:1,Number Of Units Total:13,Syndication Remarks:EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS LEASED AT AN AVG OF $1,200/MO, AND 5 ONE-BED UNITS LEASED AT AN AVG OF $1,500/MO. BELOW MARKET RENTS. TEN PARKING SPACES WHICH A LEASED TO THE TENANTS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.,Listing Contract Date:2022-11-11,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Appointment Only,Call Listing Agent,List Agent Must Accompany,Street Number Numeric:935,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 13 BLK 70 LOT SIZE 50.000 X 140 OR 20442-2225 0502 1,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:6858,Contract Status Change Date:2022-11-11,Internet Address Display Y N:1,Number Of Units In Community:2,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:388.75,

  • Price $3,400,000.00
  • Price Change: 2022-11-11
  • Lot size sq. ft.
  • Price per sq.ft. $
  • Year Build 1963
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction
  • Parking Description
  • Flooring Type Tile, Vinyl
  • Property Type Residential Income
  • Status Active
  • Listed 2022-11-11
  • Days on Market 86
  • Furnished
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision
  • Development Name OCEAN BEACH ADDN NO 3
  • HOA Fees
  • Taxes 36299
  • Taxes Year 2021