2-Room Apt 60 m² + Balcony 8 m² Tel Aviv — Florentin, Elifelet St

Elifelet 26 Apartments, Elifelet Street, Тель-Авив, Израиль

₪ 3,950,000

+972 50 923-32-02

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2-Room Apt 60 m² + Balcony 8 m² Tel Aviv — Florentin, Elifelet St

Apartment
Tel Aviv
Florentin
Elifelet
60 m²
2
1
1
8 m²
2

Features

Air Conditioning
Balcony
Bars on the windows
Bomb shelter
Gym
Lift
Parking
Roof
Sauna
Security
Swimming Pool

Details

2-Room Apt 60 m² + Balcony 8 m² — Florentin, Tel Aviv

Quick Facts

Field	Detail
Property Type	Apartment
Total Area	60 m²
Rooms	2 (living room + 1 bedroom, Israeli convention)
Bathrooms	1
Toilets	1
Balcony	8 m²
Parking	2 spaces
Floor	Confirm with agent
Year Built	Confirm with agent
Condition	Confirm with agent

Key Features:

Air conditioning
Balcony 8 m²
Bars on windows
Mamad (mamad — reinforced civil defense safe room)
Building gym
Lift
2 parking spaces
Rooftop access
Sauna
Security
Swimming pool

Property Description

60 m² secondary-market apartment on Elifelet Street, Florentin Tel Aviv — with an 8 m² balcony and 2 parking spaces. The neighborhood ranks among the top three highest-yield districts in Tel Aviv as of early 2026, with price appreciation running 5–10% annually over the past 2–3 years, outpacing the city average.

The apartment delivers 2 rooms under Israeli convention — a living room (salon) and one bedroom — across 60 m². Air conditioning is installed. Window bars are fitted. A mamad (mamad — built-in reinforced civil defense safe room) is present in the building. Interior finish specification, kitchen condition, and renovation year — confirm with agent.

The building amenity package is what separates this listing from standard Florentin secondary stock. A swimming pool, sauna, gym, rooftop access, and 24-hour security are uncommon in the neighborhood’s secondary market, where most buildings offer none of these. Two parking spaces add a concrete practical value: street parking pressure in Florentin’s dense street grid is chronic, and dedicated spaces eliminate a daily friction point that affects the majority of residents in the area.

Location Analysis

Transportation

Elifelet Light Rail Station — 536 m, 8-minute walk. The station serves the Red Line (Dankal), Israel’s first light rail system, operational since August 2023, running above-ground and underground sections through Tel Aviv, Ramat-Gan, Bnei Brak, and Bat Yam. Three service lines stop at Elifelet: R1 (HaKomemiyut–Petah Tikva CBS), R2 (HaKomemiyut–Kiryat Aryeh), and R3 (Elifelet–Kiryat Aryeh). Travel time to central Tel Aviv (Sha’ul HaMelekh / Habima area) — approximately 9 minutes; trains run every 10 minutes in peak hours. Bus stop Shlomo Road/Elifelet — 336 m, 5-minute walk; bus lines 1, 25, 40, 41, 44, 83, and 189 serve the area. Bus to Rothschild Boulevard — approximately 7 minutes. Ayalon Highway (Road 20) via Kibbutz Galuyot interchange — approximately 1 km east of Elifelet Street.

Area Infrastructure

Levinsky Market — 400 m from Elifelet Street: spices, dried fruit, nuts, baked goods, and Mediterranean specialty products from Greek, Turkish, and Romanian vendors. Rothschild Boulevard — 600 m, approximately 10-minute walk. Shuk HaCarmel (Carmel Market) — Tel Aviv’s main open-air food and produce market — 1.4 km, 17-minute walk. Jaffa Port — 1.6 km, 18-minute walk. Suzanne Dellal Center for Dance and Theatre — 7-minute walk. Gan HaRakevet (Train Track Park) — within immediate area. Hatachana — restored Ottoman-era train station complex with restaurants and galleries — 10-minute walk. Nearest supermarket and medical clinic — confirm with agent.

Investment Perspective

Florentin sits at the accessible end of Tel Aviv’s secondary market: secondary prices in the neighborhood run ₪40,000–55,000/m², against the Tel Aviv citywide average of ₪59,200/m² recorded in Q1 2025 (+12.8% year-on-year). At 60 m², the implied market range for this unit is ₪2,400,000–3,300,000 depending on floor, condition, and finish — well below the Tel Aviv average transaction of ₪4,820,000 in Q1 2025.

From 2019 to 2025, Florentin prices rose approximately 40%. Gross rental yield averages 3–3.3%, placing the neighborhood among the top three highest-yield districts across all of Tel Aviv. A 2-room apartment in a standard building with a lift rents for ₪8,000–10,000/month; a building of this specification — pool, sauna, gym — positions at the upper end of that band.

The structural demand driver is Elifelet Station, 536 m away, on the operational Red Line. The broader Tel Aviv secondary market has corrected approximately 8% from its March 2024 peak, and deals are currently closing 2–6% below asking — the buyer holds negotiating leverage.

Practical Information

Arnona (arnona, ארנונה — annual municipal property tax): Tel Aviv residential rates run ₪73–100/m² annually for standard central neighborhoods as of 2025. For a 60 m² apartment in Florentin (mid-zone tariff): estimated ₪4,400–6,000/year. Olim Hadashim — new immigrants who have made Aliyah — are entitled to a one-time 90% arnona discount on the first 100 m² of their apartment within 24 months of Aliyah.

Vaad bayit (vaad bayit, וועד בית — monthly building maintenance fee): a building of this specification — pool, sauna, gym, security, lift — typically runs ₪700–1,200/month. Confirm exact amount with building management.

Mas Rehisha (mas rehisha, מס רכישה — property purchase tax): foreign residents and investors pay 8% from the first shekel on the portion up to ₪6,055,070, and 10% above that threshold. Rates are frozen through end of 2026 with no inflation indexation. Confirm your buyer classification and exact tax liability with a licensed Israeli attorney before signing.

Mashkanta (mashkanta, משכנתא — mortgage): Israeli banks lend to foreign buyers, typically capped at 50% LTV. Olim Hadashim qualify for up to 75% LTV and may access reduced purchase tax rates.

VAT: secondary market transactions between private individuals in Israel are exempt from VAT. Professional services — attorney, agent — carry 18% VAT.