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Residential Income :Fourplex

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940 Jefferson Ave Miami Beach, FL 33139
Listed Date YYYY/MM/DD: 2018-03-07
Price:$3,750,000County:Miami-Dade County
Style: FourplexID#: 1010430851
Status: ACTIVE
Area: 42Square Footage:
Tax Info: Tax Reflects City & County Tax
Sewer Description: Municipal SewerZoning Information: 3900
Folio Number: 02-42-03-009-6720
Number of Units: Year Built: 1940
Number of Parking Spaces:0 Pool:
Waterfront: NoLot Description: Less Than 1/4 Acre Lot
Year Built 1940Gross Rent Includes: $264,000
Net Operating Income: $ Number of Stories: 2.0
Tax Amount: $$43,608 Tax Information: Tax Reflects City & County 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

Cushman & Wakefield, as exclusive marketing advisor, is pleased to present 940 Jefferson Avenue G?? a 16-unit multifamily property located in the heart of South Beach. Built in 1940, the property has been upgraded and totals 8,800 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.

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RealPro Group, Inc. is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumers personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. This property is listed by Cushman & Wakefield of Florida .
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