Adjacent Multifamily Apartment
745 Jefferson Ave Miami Beach, FL 33139
For Sale
Contact for pricing
Three adjacent multifamily properties total 34 units, with rights to 38, all on month-to-month occupancy.
Days on Market103
Property Features for 745 Jefferson Ave
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
Compass Coral Gables
(305) 753-9826
Listed By:
Enrique Montoya · License #3425814
Source:
Crexi
Added: Apr 12
Changed: Jul 23
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
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
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
