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1561 Jefferson Ave, Miami Beach, FL – $4,950,000

  • $5M Price
  • 7,852 Sqft
  • 333 DOM
  • $5M Price
  • 7,852 Sqft
  • 333 DOM

1561 Jefferson Ave

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. 40 year certification included in the new built. Seller Financing Options Available

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Essential Information

  • MLS® #A11610233
  • Price$4,950,000
  • Bathrooms0.00
  • Square Footage7,852
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive

Community Information

  • Address1561 Jefferson Ave
  • Area32
  • SubdivisionLincoln Sub
  • CityMiami Beach
  • CountyMiami-Dade
  • StateFL
  • Zip Code33139-3442

Amenities

  • UtilitiesCable Available

Interior

  • InteriorTile
  • HeatingCentral
  • CoolingCentral Air
  • # of Stories2
  • StoriesTwo

Exterior

  • Exterior FeaturesBalcony, Other
  • WindowsImpact Glass, Drapes
  • RoofOther
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofThe Corcoran Group
  • Date ListedJuly 1st, 2024
  • HOA Fees Freq.Annually
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Price Change History for 1561 Jefferson Ave, Miami Beach, FL (MLS® #A11610233)

Date Details Change
Price Reduced from $5,000,000 to $4,950,000 $50,000 (1.00%)
Price Increased from $4,900,000 to $5,000,000 $100,000 (2.04%)