Search
Boutique Apartment Building
For Sale
$4,899,000

960 Jefferson Ave, Miami Beach, FL 33139

MULTI_FAMILY - Miami Beach, FL

Property SizeContact for details
Lot Size0.16 Acres
Days on Market49

Property Features for 960 Jefferson Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description 3900
Subdivision 32
Standard status Active
APN 02-42-03-009-6690
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description OCEAN BEACH ADD NO 3 PB 2-81 LOT 1 BLK 88 LOT SIZE 50.000 X 140 OR 19165-1668 0400 4 (6) COC 24632-0771-72 05 2006 1
Legal Description OCEAN BEACH ADD NO 3 PB 2-81 LOT 1 BLK 88 LOT SIZE 50.000 X 140 OR 19165-1668 0400 4 (6) COC 24632-0771-72 05 2006 1

Building Details

Year built 1936
Number of units 12
Listing Agency: Beachfront Realty Inc
Listed By: Samuel Heskiel · License #3374968
Added: Jun 29 Changed: Jun 30 Last Checked: Aug 16 at 9:06PM
MLS# A12044935

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

960 Jefferson Avenue is a fully renovated 12-unit boutique apartment building. The building has been updated with a new roof, new plumbing, new electrical work, and impact windows. Unit mix is designed around flexibility, offering both 1-bedroom and 2-bedroom layouts.

The property is located in Miami Beach’s Flamingo Lummus neighborhood. The offering includes a compact lot size and is presented for sale as a turnkey residential income asset, with financial details available through the listing agent.

This configuration can fit buyers seeking a smaller-scale multifamily building with a mix of apartment types. With the major systems and envelope upgrades identified in the public remarks, the property is positioned for operators and investors who want a renovated interior and building infrastructure baseline. Prospective buyers can request the financials from the realtor to evaluate performance and underwriting specifics.

Key Highlights

  • Fully renovated 12‑unit boutique apartment building built in 1936
  • 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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Fully renovated 12-unit property with a mix of 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: Fully renovated 12‑unit boutique apartment building built in 1936; New roof, plumbing, and electricity; Impact windows installed throughout
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message