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Condominium
$1,450,000$1,133 / sqft
120 Jefferson Ave # 12009, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,280 sqft
Interior
1996
Year built
$1,563 / mo
HOA
Condominium
Type
About this home
Welcome to 120 Jefferson Avenue #12009, a beautifully located residence in the highly sought-after Courts at South Beach. Nestled in the heart of Miami Beach’s exclusive South of Fifth neighborhood, this home offers the perfect blend of comfort, style, and prime location. Step inside to a bright and spacious layout featuring open living and dining areas, ideal for both relaxing and entertaining. Large windows invite natural light throughout the space, creating a warm and inviting atmosphere. The kitchen is thoughtfully designed with ample cabinetry and workspace, seamlessly connecting to the main living area for easy everyday living. The bedrooms are generously sized, offering comfort and privacy, while the bathrooms are well-maintained and functional. Enjoy a desirable west-facing exposure, filling the home with beautiful afternoon and evening light—perfect for enjoying Miami’s stunning sunsets from the comfort of your living space. Residents of The Courts at South Beach enjoy a gated community setting with resort-style amenities, including lush landscaped courtyards, pools, fitness center, and 24-hour security. Located just steps from world-renowned beaches, South Pointe Park, fine dining, and vibrant nightlife, this home offers unbeatable walkability while still providing a peaceful residential feel.
Features
- First Floor Entry
- Other
- Courtyard
- Garden View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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.