940 Jefferson Ave,Commercial/Residential Income

940 Jefferson Ave, Miami Beach, Florida, 33139

Price $3,750,550.00

  • Lot size 7000
  • Year Build 1940
  • Waterfront
  • Zip 33139
  • Style
  • Parking Description
  • Pool Yes
  • Status Active

Description

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 bedroom - $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.

940 Jefferson Avenue ? a 16-unit multifamily property located in the heart of South Beach. Built

OCEAN BEACH ADD NO 3 PB 2-81 LOT 4 BLK 88 LOT SIZE 50.000 X 140 OR 19128-0192 0500 1

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 bedroom - $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.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Tax Year:2018,Latitude:25.779676,Malone Id:1049614747,List Price:3750550,Listing Id:A10678518,Longitude:-80.137914,Mls Status:Active,Year Built:1940,Postal Code:33139,Street Name:Jefferson Ave,Coordinates:1:25.779676,Photos Count:32,Days On Market:426,Lot Size Units:Square Feet,On Market Date:2019-05-22,Parcel Number:02-42-03-009-6720,Property Type:Commercial Sale,Street Number:940,Public Remarks: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 bedroom - $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.,County Or Parish:Miami-Dade County,Expiration Date:2021-08-02,Private Remarks:940 Jefferson Avenue ? a 16-unit multifamily property located in the heart of South Beach. Built,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:8486,State Or Province:FL,Tax Annual Amount:42564,Unparsed Address:940 Jefferson Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Building Area Units:Square Feet,Lot Size Square Feet:7000,Original List Price:3750500,Previous List Price:3750500,Public Survey Range:42,I D X Participation Y N:1,Syndication Remarks: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 bedroom - $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.,Listing Contract Date:2019-05-22,Originating System I D:miamire,Street Number Numeric:940,Tax Legal Description:OCEAN BEACH ADD NO 3 PB 2-81 LOT 4 BLK 88 LOT SIZE 50.000 X 140 OR 19128-0192 0500 1,Electric On Property Y N:1,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2019-05-22,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Dual Variable Compensation Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $3,750,550.00
  • Price Change: 2019-07-01
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1940
  • Waterfront
  • View
  • Pool Yes
  • Style
  • Construction
  • Parking Description
  • Flooring Type
  • Property Type Commercial Sale
  • Status Active
  • Listed 2019-07-01
  • Days on Market 716
  • Furnished
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees
  • Taxes 42564
  • Taxes Year 2018