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Condominium
$899,000$817 / sqft
120 Jefferson Ave # 12004, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,100 sqft
Interior
1996
Year built
$1,360 / mo
HOA
Condominium
Type
About this home
Beautiful 2-bedroom/2-bathroom home with 2 large outdoor terraces and 2 parking spaces. The kitchen has been completely renovated and features new appliances, cabinetry and fixtures. The Courts at South Beach is a Mediterranean style building located in the heart of SOFI within a short walking distance to beach, marina, South Pointe Park, South Pointe Elementary School and fine dining. Resort-style amenities include 2 pools, gym, spa, sauna, community room, BBQ terraces, racquetball courts, lushly landscaped courtyards, 24hr security. Easy to show!
Features
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Courtyard
- Other View
- Pool Area View
Leasing
- Minimum lease
- 183 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.