Active

1561 Jefferson Avenue

Miami Beach, FL 33139

$4,500,000 $18,972/Mo

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Overview

Bed

Bath

10,334

Sqft

Description

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 t ake 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.

Property Details

Property Type : ResidentialIncome

Price : $4,500,000

AD Id : 75539040

MLS Id : A11969125

Beds : 5

Living Area Size : 10,334

Year Built : --

County : Miami-Dade

Subdivision: Lincoln Sub

Map

Features

Interior Features

Roof: Other

Window Features: Drapes, ImpactGlass
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

Building Information

Building Area Total: 10334

Construction Materials: Block

Stories: 2

Pool Features: None

Private Pool: No

Association Fee Frequency: Annually
Exterior Features

Exterior Features: Balcony, Other

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: LINCOLN SUB Source Property Type: ResidentialIncome Postal Code Plus 4: 3763 Zoning Description: 3900 Property SubType: Duplex Levels: Two

Listing Price Information

Listing Price: $4500000

Original Price: $4750000

Cash, Conventional

Tax Information

Parcel Number: 02-32-34-002-1310 Tax Year: 2025 Annual Tax: $44388 Tax Legal Desc: LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4

Utility Information

CableAvailable
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
901 Pennsylvania Ave, Miami Beach, FL, 33139	$3,450,000	--	--	--
1438 Meridian Ave, Miami Beach, FL, 33139	$2,400,000	6	6	4,644	4,644 SqFt
632 15th St, Miami Beach, FL, 33139	$2,650,000	8	8	5,939	5,939 SqFt
1000 7th Street, Miami Beach, FL, 33139	$4,500,000	3	2	7,868	7,868 SqFt
1345 Pennsylvania Ave, Miami Beach, FL, 33139	$4,700,000	1	2	8,219	8,219 SqFt
711 Lenox Ave, Miami Beach, FL, 33139	$2,850,000	8	8	2,558	2,558 SqFt
734 Michigan Ave, Miami Beach, FL, 33139	$2,940,000	4	5	2,809	2,809 SqFt
1355 Drexel Ave, Miami Beach, FL, 33139	$7,000,000	--	--	816	816 SqFt
1508 Meridian Ave, Miami Beach, FL, 33139	$1,200,000	4	4	1,776	1,776 SqFt
1460 E West Ave, Miami Beach, FL, 33139	$1,791,000	6	6	4,952	4,952 SqFt

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ByOwner last updated this listing 06/16/2026 @ 21:52

MLS: A11969125 LISTED BY: Pamela Diaz-De-Leon, The Corcoran Group 305-395-4982 SOURCE: SEFMIAMI