Income-Generating Gem on the Tel Aviv–Jaffa Border | 2 Rooms, Terrace & Tenant in Place
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For Sale 12 photos
Apartment Florentine, Tel Aviv

Income-Generating Gem on the Tel Aviv–Jaffa Border | 2 Rooms, Terrace & Tenant in Place

3,200,000 ₪
$1,068,800 · €931,200
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2
Rooms
57 sqm
Area
1
Floor
56,140
Price/sqm

About this property

Positioned in the increasingly sought-after Moshava Americaine district — the vibrant corridor linking Florentine's creative energy with the ancient port charm of Jaffa — this first-floor apartment is already doing the heavy lifting for you. With a tenant paying 7,500 NIS per month, you step into an immediate 3.2% gross rental yield from day one, no vacancy headache, no waiting game.

The apartment spans 50 sqm of smartly renovated living space, plus a private 7 sqm terrace — a rare outdoor retreat at this price point in South Tel Aviv. Air conditioning keeps things comfortable year-round, and the bright, airy layout makes it equally appealing as a lock-and-leave pied-à-terre or a long-term investment asset.

At 3,200,000 NIS (roughly 56,140 NIS/sqm including the terrace), this is a competitively priced entry into one of Tel Aviv's fastest-gentrifying neighborhoods, just minutes from the beach, the Jaffa flea market, and the emerging restaurant scene on Abarbanel Street.

Whether you're building a Tel Aviv portfolio or securing your own Mediterranean base, this property checks every box. Explore more opportunities like this at realestate-telaviv.com — and reach out today before this one moves on.

Amenities

Terrace Elevator Renovated A/C Safe room

Location

Market Insight — Tel Aviv (city avg)

All neighborhoods
55,000 ₪
Avg/sqm
+4.2%
12m trend
3.2%
Est. yield

Data from gov.il & market analysis.

Data sourced from official records and market analysis.
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