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$5,000,000
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Property Description
This versatile 20-unit property presents a rare opportunity for apartment, hotel, short-term rental, and food and beverage uses in South Beach's high-intensity CD-3 Zoning District. Built in 1956, the 8,185-square-foot building includes 18 studios and 2 one-bedroom units on a 7,500-square-foot lot. Positioned between Lincoln Road Mall-featuring 200 retailers, restaurants, and art galleries-and the Miami Beach Convention Center, this site provides unmatched access to dining, shopping, and cultural landmarks. Mostly vacant, with some renovations completed, it's ready for a new owner's vision. CD-3 zoning supports varied commercial uses with a density cap of 100 units/acre, FAR of 2.25, and a height allowance up to 75 feet.
Full Property Details
Full Property Details for 1685 Jefferson Ave
General
- Price: $5,000,000
- Taxes: $54,914
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11686110
- Updated: 4/24/2025
- Added to Site: 482 day(s) ago
Business
- Business Type: Apartments, Hotel/Motel
Location
- County: Miami-Dade County
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 2
- Building Size: 8185
- Current Bldg. Use: Mixed Use
- Year Built: 1956
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Zoning: 6600
Financial Considerations
- Tax Amount: $54,914
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: GOLF COURSE SUB AMD PL PB 6-26 LOT 10 BLK 36 LOT SIZE 50.000 X 150 73R-204233 COC 24198-4019 01 2006 1
- Property ID: 02-32-34-007-0620
Listed by Fausto Commercial Realty Consultants Inc
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Schools
Schools serving 1685 Jefferson Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.5 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.6 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1685 Jefferson Ave
Date
Details
Price
Change
Source
5/29/2025
Sold
$4,226,000
-15.48%
Public Record
10/31/2024
Listed
$5,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1685 Jefferson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$56,562
5%
$3,480,000
10%
2023
$53,842
9%
$3,170,000
3%
2021
$49,362
5%
$3,069,000
2%
2022
$47,161
-11%
$3,020,000
-2%
2021
$52,884
-12%
$3,069,000
5%
2019
$60,073
9%
$2,913,559
10%
2018
$54,912
10%
$2,648,690
-12%
2017
$50,002
3%
$3,001,000
37%
2016
$48,465
7%
$2,189,000
-4%
2015
$45,370
29%
$2,290,000
32%
2014
$35,210
—
$1,733,012
—
2013
$35,375
—
$1,739,482
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1685 Jefferson Ave
1685 Jefferson Ave, Miami Beach, FL 33139 (MLS# A11686110) is a Apartment property. 1685 Jefferson Ave is currently listed for $5,000,000 and was received on October 31, 2024. Want to learn more about 1685 Jefferson Ave? Do you have questions about finding other Apartment real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

