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  • KW Commercial is proud to present this value add opportunity to purchase 3 adjacent multifamily properties in a prime location, on the corner of 7th Street and Jefferson Ave. This Historical Jefferson assemblage comprises 32 units, with rights to 38 units (renderings available upon request). The properties are 100% occupied on month-to-month leases, and 9 of the units have HUD agreements. Each unit is separately metered. Each unit has a bath-tub (except one shower). Water is included in the rent, but cable is paid by individual tenants. Most units have wall a/c and gas-stoves (separately metered as well). Plumbing is mostly PVC, except unit 755 Jefferson, which is cast-iron. Rent-Roll (also available upon request) is $460,800/year. All offers will be seriously considered.

    • Additional Details
      • Address761-755-745 Jefferson Ave
      • Price$7,980,000
      • CityMiami Beach
      • MLS #A11079645
      • Property TypeCommercial Sale
      • Year Built1936
      • Property ClassCommercial Sale
      • StatusActive-Available
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