Skip to main content
Commercial For sale Multifamily Duplex/Triplex/Fourplex

FULLY GUT-RENOVATED 12 UNIT MULTIFAMILY ASSET WITH STABLE INCOME

960 Jefferson Ave, Miami Beach, Florida 33139

$5,200,000
$743 / sq ft Listed Jun 19, 2026
7,000 sqft
Building
7,524 acres
Lot
1936
Built
2
Stories
12
Units

About this property

FULLY GUT-RENOVATED 12 UNIT MULTIFAMILY ASSET WITH STABLE INCOME is a multifamily for sale in Miami Beach, Florida, listed at $5,200,000. Key details: year built 1936, building size 7,000 sqft, lot size 7,524 acres, stories 2. Listed by Vicente Rodriguez of Fausto Commercial on LoopingCloud and last updated June 19, 2026.

Fausto Commercial is pleased to present a premier 12-unit multifamily investment in the heart of South Beach. Located just steps from the iconic Flamingo Park, this fully gut-renovated property offers an elite, turn-key asset in one of South Florida’s most supply-constrained rental markets.

Investment Highlights

  • Premium Asset Quality: The property features a highly desirable mix of one- and two-bedroom residences. Every unit has undergone an extensive, high-end renovation, featuring modern finishes and superior craftsmanship designed to maximize rental income.

  • Prime South Beach Location: Situated in a highly walkable enclave, residents enjoy immediate access to the 36-acre Flamingo Park and its world-class tennis center, while remaining minutes from Lincoln Road, the beach, and Miami’s best dining and entertainment.

  • Market Upside: With over $220 million in recent public infrastructure investment throughout the neighborhood, this asset is perfectly positioned for sustained rental growth and long-term capital appreciation.

  • Strong Cash Flow: This income-producing asset is ideal for investors targeting "best-in-class" multifamily acquisitions in South Beach, offering proven tenant demand and operational stability.

Property Overview

Feature Details
Property Type Multifamily (12 Units)
Location South Beach, Miami, FL
Status Fully Gut-Renovated / Turnkey
Unit Mix 1-Bedroom & 2-Bedroom Residences
Key Proximity Flamingo Park, Lincoln Road, Beach

This offering presents a rare opportunity to secure a stabilized, high-yield asset in a globally recognized market.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Business Opportunities

LoopingCloud connects you with property buyers, sellers, and agents. Feature your business on residential and commercial listings.

CompanyBusiness typeContactPhone
BAY TITLE COMPANY Title Services ALANA Supraski (305) 692-8886

Property details

Key facts

Year Built
1936
Building Size
7,000 sqft
Lot Size
7,524 acres
Stories
2
Total Units
12
Property Status
Normal Sale
Building Status
Existing

Pricing details

Financing
Third Party Financing
Investment Property
Active investment property

Investment snapshot

$743
Price per sq ft

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $5,200,000 - - - -

Location

Address as shown by the lister.

Get directions

About this area - Miami Beach

Population
38,441
Housing units
29,094
Land area
2.3 sq mi
County
Miami Dade

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

1 link

Additional contacts

1 person to reach

Frequently asked questions

What is the asking price of FULLY GUT-RENOVATED 12 UNIT MULTIFAMILY ASSET WITH STABLE INCOME?

FULLY GUT-RENOVATED 12 UNIT MULTIFAMILY ASSET WITH STABLE INCOME is listed at $5,200,000. That works out to about $743 per square foot.

Where is FULLY GUT-RENOVATED 12 UNIT MULTIFAMILY ASSET WITH STABLE INCOME located?

The property is in 960 Jefferson Ave, Miami Beach, Florida 33139, Miami Dade County.

What type of property is this?

This is a multifamily for sale in the commercial category.

How big is the property?

The building is 7,000 sqft. The lot is 7,524 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Vicente Rodriguez of Fausto Commercial listed this property. Use the Request Info button to send a message or call (305) 431-2258.

When was this listing published?

It was published on June 19, 2026 and last updated on June 19, 2026.

Listing information

Listing ID
CL-Florida-27933
Published
Jun 19, 2026
Last updated
Jun 19, 2026

Report a problem with this listing

Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

More from Vicente Rodriguez

Similar properties

$1,575,000
Commercial Nov 5, 2026
4762 sqft Multifamily Duplex/Triplex/Fourplex

Prime 6 Unit Multifamily Property for Sale Infill Investment Opportunity in Little Havana, Miami, FL 33135

1619 NW 1st St Miami, Florida 33125

$1,200,000
Commercial Nov 3, 2026
906 sqft Multifamily Duplex/Triplex/Fourplex

Prime Multifamily Duplex & Land Opportunity at 2170 2172 NW 2nd St Little Havana, Miami, FL

2170 NW 2ND ST Miami, Florida 33125

$775,000
Commercial Oct 21, 2026
3190 sqft Multifamily Duplex/Triplex/Fourplex

Grapeland Heights Duplex | 3 Units on 7,500 SF Lot

1004 NW 33rd Ave Miami, Florida 33125

$1,900,000
Commercial Oct 19, 2026
3679 sqft Multifamily Duplex/Triplex/Fourplex

Triplex Townhome-Style Multifamily Asset for Sale in Little Havana, Miami |Seller Financing Available

642 SW 10th Ave Miami, Florida 33130

Get your mortgage or real estate services seen on every listing

Call