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Fully Renovated 12-Unit Apartment Building
For Sale
$4,899,000

960 Jefferson Ave, Miami Beach, FL 33139

Fully renovated 12-unit boutique building with 1- and 2-bedroom apartments and impact windows.

Property Size7,524 SF
Days on Market69

Property Features for 960 Jefferson Ave

General Information

Standard status Active
Size 7,524 SF
Property subtype Income/MultiFamily

Additional Details

Multifamily Units 12

Building Details

Building Size 7,524 SF
Year Built 1936
Listing Agency: Beachfront Realty Inc
Listed By: Samuel Heskiel · License #3374968
Source: Vanessafrankmiami
Added: Jun 29 Changed: Aug 26 Last Checked: Sep 4 at 1:17PM

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 Beachfront Realty Inc

Investment Insights

Based on property information with market context.

960 Jefferson Avenue is a fully renovated 12-unit boutique apartment building featuring a unit mix of 1 and 2 bedrooms. The building has had major systems updated, including a new roof, new plumbing, and new electricity, along with impact windows.

The property is located at 960 Jefferson Ave in Miami Beach’s Flamingo Lummus neighborhood. The seller indicates that financial information is available upon request from the realtor.

Key Highlights

  • 12‑unit boutique apartment building built in 1936
  • Fully renovated with a new roof, plumbing, and electricity
  • Impact windows installed throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Veterinary Clinic Restaurant Nursing Home Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

6,044
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 12-unit boutique building with 1- and 2-bedroom apartments and impact windows.
Where is this apartment building located?
The property is located at 960 Jefferson Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,899,000.
What are key features of this property?
This property features: 12‑unit boutique apartment building built in 1936; Fully renovated with a new roof, plumbing, and electricity; Impact windows installed throughout
More about this property
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