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928 Jefferson Ave, Miami Beach FL 33139

Commercial For Sale
$2,050,000

BTC: 32.03125000

ETH: 1,174.11225659

27 days
0 room(s)

Overview

Prime South Beach multifamily investment opportunity with a 100% occupancy rate. The property consists of an 8-unit building featuring one-bedroom and studio apartments, situated in one of Miami Beach’s most desirable and walkable neighborhoods, just steps from Flamingo Park and minutes from Lincoln Road, Ocean Drive, and the beach. The asset has undergone several capital improvements, including impact windows throughout, and all units have been renovated. The building features fully remodeled one-bedroom units with marble flooring, marble bathrooms, and stainless steel appliances. A perfect opportunity to own a trophy asset for the price of a house.

Location

Florida • Miami Beach • 33139 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1936
Lot:
2395 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,290,000
$415K – $2.8M
Confidence Low
List vs. estimate
$760K above estimate
List $2,050,000 · +58.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $399K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Lot

    • Lot: 2395 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-355-0070

    • Zoning: 0000

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12014837

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
1,079
median $588K
Active
Same city
Miami Beach
2,606
median $650K
Active
Same type
Commercial
153
median $1.9M
Active
Similar price
$1.4M – $2.7M
273
median $1.9M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Opera REI Inc