Adjacent Multifamily Apartment
For Sale
Contact for pricing
745 Jefferson Ave, Miami Beach, FL 33139
Three adjacent multifamily properties total 34 units, with rights to 38, all on month-to-month occupancy.
Property SizeContact for details
Days on Market124
Property Features for 745 Jefferson Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
34
Building Details
Tenancy
Multi
Listing Agency:
Compass Coral Gables
(305) 753-9826
Listed By:
Enrique Montoya · License #3425814
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 23 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Coral Gables
Investment Insights
Based on property information with market context.
This value-add offering presents three adjacent multifamily properties in a historical Jefferson assemblage on the corner of 7th Street and Jefferson Ave. The assemblage currently comprises 34 units, with rights to 38 units. The properties are 100% occupied on month-to-month leases, and 9 of the units have HUD agreements.
Each unit is separately metered. Water is included in the rent, while cable is paid by individual tenants. Most units have wall A/C and gas stoves, with gas also separately metered. Each unit has a bath-tub (except one shower). Plumbing is mostly PVC, except unit 755 Jefferson, which has cast-iron plumbing.
The property will be delivered stabilized with GPR of $525,600 and pro-forma GPR of $669,000. All offers will be seriously considered.
Each unit is separately metered. Water is included in the rent, while cable is paid by individual tenants. Most units have wall A/C and gas stoves, with gas also separately metered. Each unit has a bath-tub (except one shower). Plumbing is mostly PVC, except unit 755 Jefferson, which has cast-iron plumbing.
The property will be delivered stabilized with GPR of $525,600 and pro-forma GPR of $669,000. All offers will be seriously considered.
Key Highlights
- Historical Jefferson assemblage of 3 adjacent multifamily properties totaling 34 units, with rights to 38 units
- All units are 100% occupied on month‑to‑month leases
- 9 units have HUD agreements
Property Analytics
Property Profile
Current Use
Lease Details
34
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,333
Businesses Nearby
Explore this area
Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Three adjacent multifamily properties total 34 units, with rights to 38, all on month-to-month occupancy.
Where is this apartment building located?
The property is located at 745 Jefferson Ave Miami Beach, FL.
What are key features of this property?
This property features: Historical Jefferson assemblage of 3 adjacent multifamily properties totaling 34 units, with rights to 38 units; All units are 100% occupied on month‑to‑month leases; 9 units have HUD agreements
