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Condominium
$1,299,000$1,160 / sqft
120 Jefferson Ave # 12022, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,120 sqft
Interior
1996
Year built
$1,563 / mo
HOA
Condominium
Type
About this home
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.
Features
- Elevator
- Walk-In Closet(s)
- Courtyard
- Open Balcony
- Intracoastal View
- Other View
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
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 $3,600–$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.