935 Jefferson Ave, Miami Beach FL 33139
40/50 year inspection certified. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. THIRTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT. 8 STUDIOS AND 5 ONE-BED UNITS. BELOW MARKET RENTS. TEN PARKING SPACES GENERATE ADDITIONAL REVENUE. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH. IMPACT WINDOWS ON ALL UNITS THEREFORE REDUCING INSURANCE COSTS. FINANCIALS ATTACHED.
