Active

1561 Jefferson Ave

Miami Beach FL, 33139

$4,950,000


$630.41 per sqft

Active

7,852 sqft

Multi-family

Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, top-of-the-line appliances, and hurricane-proof windows. Combo washer & dryer and individual AC in each unit-a mix of layouts from 450 to 895 sq. ft. Located a few blocks from Flamingo Park -36.53-acre recreational paradise with a state-of-the-art soccer field, athletics track, and 17 tennis courts. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.

A11610233

MLS ID

July 1, 2024

Listed

December 4, 2024

Updated

Map

1561 Jefferson Ave
Miami Beach FL, 33139

Interior Features

Total Stories

2


Interior Features

Stairs


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Balcony, Exterior Cat Walk, Other


Lot Features

Less Than 1/4 Acre Lot


Architectual Style

Other


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

Lincoln Sub


Taxes

$40,663


Tax Frequency

Annually


Days on Market

156


Association Fee

Not Listed


Association Fee Frequency

Yearly


Garage

No


Parking Total

0


View

No


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

3900

Listing History

Date

Event

Price

12/4/2024

Price change

$4,950,000

-1%

11/12/2024

Price change

$5,000,000

2%

Listed by:  The Corcoran Group
Listing Contact: 305-720-8439 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

©2024 Miami Association of REALTORS® all rights reserved. 

Data last updated 3:11 PM UTC, 12/4/2024.

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