Miami Beach, FL 33139 1561 Jefferson Ave
$4,950,000



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Presented By: This listing is courtesy of The Corcoran Group;
Home Details
Opportunity to own a profitable rental income property -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
Presented By: This listing is courtesy of The Corcoran Group;
Interior Features for 1561 Jefferson Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NNo
Window FeaturesImpactGlass
General for 1561 Jefferson Ave
Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income253681.0
New ConstructionNo
Number Of Units Total12
Occupancy TypeTenant
Operating Expense124600.0
PossessionCloseOfEscrow
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofOther
Senior Community Y/NNo
SewerOther
Showing Instructions24 Hour Notice, Appointment Only, Call Listing Agent
Standard StatusActive
StatusActive
Stories2
Structure TypeMultiFamily
Tax Annual Amount40663.0
Tax Year2024
Virtual TourClick here
Year Built DetailsResale
Zoning Description3900
Exterior for 1561 Jefferson Ave
Building Area Total10334.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7500.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History

Mickael De Jesus Martinez
Realtor®