960 Jefferson Ave

Fausto Commercial proudly presents an exceptional opportunity to acquire a fully gut-renovated 12-unit multifamily asset in the heart of South Beach—just steps from Flamingo Park and its renowned tennis center. This turnkey property offers a highly desirable unit mix of one- and two-bedroom residences, each thoughtfully reimagined with modern finishes and quality craftsmanship designed to command premium rents. Positioned in one of Miami Beach’s most walkable and supply-constrained neighborhoods, tenants benefit from immediate access to the 36-acre Flamingo Park, as well as seamless connectivity to Lincoln Road, the beach, and a dense concentration of top-tier dining, retail, and entertainment. With over $220 million in transformative public investment currently underway in the surrounding area, this asset is strategically positioned to capture continued rent growth and long-term appreciation. Opportunities of this caliber—fully renovated, well-located, and income-producing—are increasingly rare in South Beach. This offering delivers strong in-place cash flow, proven tenant demand, and a clear path for future upside, making it a premier acquisition for investors seeking a best-in-class multifamily asset in one of South Florida’s most sought-after markets.