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12-Unit Renovated Apartment Building

960 Jefferson Ave, Miami Beach, FL 33139

For Sale
$4,899,000

Commercial Sale, Miami Beach, FL

Property Size7,524 SF
Lot Size0.16 Acres
Price / SF$651.12
Days on Market139

Property Features for 960 Jefferson Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3900
Lot features Flood Zone
Subdivision 42
Standard status Active
APN 02-42-03-009-6690
Size 7,524 SF
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 FL #3374968
Added: Jun 30 Changed: Nov 10 Last Checked: Nov 15 at 6:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

At 960 Jefferson Avenue in Miami Beach, this 12-unit apartment building contains 7,524 square feet on a 0.1607-acre parcel. Built in 1936, the property has undergone renovation, including work to the roof, plumbing and electrical systems, along with installation of impact windows. The apartments include one- and two-bedroom layouts.

The property is in the Flamingo Lummus neighborhood of Miami Beach.

Key Highlights

  • 12 apartments with a mix of one- and two‑bedroom layouts
  • 7,524‑square‑foot building on 0.1607 acres
  • Renovations include the roof, plumbing, electrical systems and impact windows

Property Analytics

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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
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Market

Average Price Trend$/SF for Apartment buildings in Miami Beach, FL

$537 Jul
$536 Aug
$592 Sep
$551 Oct

Properties on Market for Apartment buildings in Miami Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated building systems and impact windows complement a mix of one- and two-bedroom apartments.
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 apartments with a mix of one- and two‑bedroom layouts; 7,524‑square‑foot building on 0.1607 acres; Renovations include the roof, plumbing, electrical systems and impact windows
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