FOR_SALENeutral Deal278 days on market

1853 Jefferson Ave APT 6

1853 Jefferson Ave APT 6, Miami Beach, FL 33139, Miami Beach, FL 33139
$995,000
Zestimate®:$946,900

Listing Price

Property image 1
1853 Jefferson Ave APT 6, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
278
Tax Assessed
$811k
Zestimate®
$947k
Market Rate
Rent Estimate
$5,789/mo
Est. Cash Flow base
Type
townhouse

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Fienberg/Fisher K-8 Center

PK-8
0.7 mi away
5

Miami Beach Senior High School

9-12
0.4 mi away
5

Nautilus Middle School

6-8
1.4 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.19%
Total ROI
15.6%
Cash Flow
$-732/mo
DSCR
0.85
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-04Price change$995,000$696
2026-05-27Price change$1,095,000$766
2026-03-24Listed for sale$1,175,000$822
2026-03-16Pending sale$1,175,000$822
2026-02-06Price change$1,175,000$822
2025-11-18Listed for sale$1,250,000$874
2018-07-26Sold$755,000$528
2018-04-03Listed for sale$789,000$552
2017-12-27Listing removed$799,000$559
2017-11-05Listing removed$4,000$3
2017-09-25Listed for rent$4,000$3
2013-10-30Sold$699,000$489
2013-09-25Listed for sale$699,000$489
2005-07-08Sold$605,000$423
2003-06-13Sold$355,000$248
2001-06-11Sold$329,000$230
1998-10-07Sold$225,000$157

Tax History

YearProperty TaxTax Assessment
2025$11,875.55$674,649
2024$11,545.74$655,636
2023$11,251.13$636,540
2022$10,837.05$618,000
2021$10,794.71$600,000
2020$10,826.03$600,000
2019$10,836.9$600,000
2018$11,081.32$589,300
2017$11,081.32$555,214
2016$9,795.65$543,795
2015$9,898.61$540,015
2014$10,068.09$535,730
2013$8,897.74$369,470
2012$8,897.74$434,670
2011$8,997.32$434,670
2010$9,591.65$434,670
2009$8,941.56$434,670
2007$9,217.27$456,875
2006$7,184.48$0
2005$7,184.48$0
2004$7,321.88$0
2003$6,685.23$0
2002$4,524.69$0
2001$4,524.69$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
4
Sq Ft
1,430
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $995,000Rent Basis: Observed Comp Model ($5,789/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $498/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.98%

NOI: $39,568/yr

Cash-on-Cash Yield
-9.8%

On $228,850 invested

DSCR Ratio
0.64x

Negative debt coverage

5-Yr Leveraged ROI
+45.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$662/mo
Homeowner / Hazard Insurance-$498/mo
Vacancy Reserve (5% of rent)-$289/mo
Repairs & Maintenance (10% of rent)-$579/mo
Property Management (8% of rent)-$463/mo
Total Pure Operating Expenses-$2,492/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,789/mo
Less: Operating Expenses-$2,492/mo
Net Operating Income (NOI)+$3,297/mo
Less: Debt Service (30yr @ 6.75%)-$5,163/mo
Net Cash Flow
$-1,865/mo
$-22,386/year
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