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1561 Jefferson Avenue, Miami Beach FL 33139

Multi-family For Sale
$4,750,000

BTC: 73.07692308

ETH: 2,638.88888889

101 days
0 room(s)
10,334 sqft

Overview

If you are an investor looking for the opportunity to own a multifamily rental income, 1561 Jefferson Avenue is the building for you. Expertly designed by a renowned Australian architect with interiors by Studio de la Vega, the building recently underwent a complete 2-year renovation of all mechanical and electrical wiring, plumbing, insulation, and flooring. The property features modern, bright, and open living spaces ranging from 450 to 895 square feet. Every unit is equipped with essential hurricane-impact windows, in-unit washer/dryer combos, refrigerators and dishwashers. This property sits in a fantastic location of South Beach living, culture, dining, and lifestyle. This is the investment of a lifetime in one of the most important cities in the country. With top CEOs relocating to take advantage of Florida’s magnificent weather and favorable tax climate, this is a rare gem. Located only six blocks from the Atlantic Ocean, this asset is perfectly primed for a future condo conversion, offering a high-margin exit strategy in the world’s most coveted real estate market. This is a turn-key opportunity in a prime location where people want to live. This 12-unit property is just half a block from the famous Lincoln Road, a mile-long promenade with over 60 incredible restaurants and bars stretching from Collins Avenue to Biscayne Bay. Residents are just blocks from the 36-acre Flamingo Park, which offers a new football field, track, 17 tennis courts, and a pool. Call now.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
19572023
Lot:
No Data
Heating:
Central
Price/sqft:
$460
Cooling:
Central Air
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $355K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$44,388
2025
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Stairs

  • Property

    • Exterior Features: Balcony / Exterior Cat Walk / Other

    Other Property Information

    • Parcel Number: 02-32-34-002-1310

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • HOA Frequency: Annually

    • Annual tax amount: $44,388

  • Source details

    • MLS ID: A11969125

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Window Features: Clear Impact Glass / Drapes / Impact Glass

    • Architectural Style: Other

    • Living Area: 10334

    • Water Source: Municipal Water

    • Subdivision Name: LINCOLN SUB

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: The Corcoran Group