120 Jefferson Ave 12022, Miami Beach, FL 33139 — MLS photo

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120 Jefferson Ave 12022, Miami Beach, FL 33139

Active · Condominium

$1,299,000

120 Jefferson Ave 12022, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,120 sq ft
$ / sq ft
$1,160/sq ft
Year built
1996
Lot size
—
HOA fee
$1,563 Monthly
Annual tax
$29,472

About this property

Price Reduction at one of Miami most coveted addresses, The Courts at South Beach, perfectly positioned in the prestigious SOFI neighborhood. This south west corner, 2 bd/ 2.5ba plus den townhome, is flooded with beautiful natural light throughout. Reimagine this unit and it turns into your sheik south of fifth townhome. This open concept is ideal for both everyday living and entertaining, highlighted by an expansive balcony off the living room with partial water views, creating a seamless connection between indoor and outdoor living. Upstairs a spacious rooftop terrace offers exceptional potential for elevated outdoor living, large enough to accommodate a summer kitchen and lounge area. This townhome also includes two side by side assigned parking spaces, a valuable feature. Enjoy resort style living with two pools, gym and front gate security. This unique residence is located just moments from world class dining, South Pointe Park, the beach and the marina. This home places you in the heart of one of Miami Beach's most desirable and vibrant communities in the country.

Property location

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120 Jefferson Ave 12022, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,120 sq ft
Flooring
Ceramic Tile, Laminate, Other, Porcelain Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans, Other
Heating
Central, Other
Interior features
Bedroom On Main Level, Bathtub, Main Level Primary, Separate Shower, Walk In Closets, Elevator
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1996
Stories
4
Architectural style
Penthouse
Construction
Block
Exterior features
Balcony, Courtyard, Deck, Security High Impact Doors, Porch
Pool
Association
View
Intercoastal, Other, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$1,563 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Insurance, Maintenance Grounds, Maintenance Structure, Pools, Sewer, Security, Trash, Water
Amenities
Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Elevators
Security
Other, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$29,472
Subdivision
THE COURTS AT SOUTH BEACH
County
Miami-Dade
Days on market
99
MLS listing ID
A11979019
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$5,905

Cap rate
0.2%
Net yield
0.2%
Cash-on-cash return
-19.5%
Gross yield
5.2%
Mortgage payment
$6,158/mo
Down payment
$324,750
Loan amount
$974,250
Annual NOI
$3,029

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.