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1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000 Beds Baths10,334 Sq. Ft.$411 / sq. ft.

Miami Beach, FL 33139 · LINCOLN SUB

Status
Active
Type
Duplex
Year Built
19572023
Days on Market
187
MLS #
A11969125

About This Home

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.

Property Details

Interior Features
Stairs
Heating
Central
Cooling
Central Air
Architectural Style
Other
Property Condition
Substantially Remodeled

Building & Association

Building Name
LINCOLN SUB
Stories
2
Stories Total
2
Association
Yes
Association Fee
0
Association Fee Frequency
Annually

Lot & Construction

Lot Features
Less Than 1/4 Acre Lot
Lot Size Square Feet
0
Waterfront
No
View
No
Construction Materials
Concrete Block Construction
Roof
Other
Exterior Features
Exterior Cat Walk, Other
New Construction
No

Public Records

Parcel Number
02-32-34-002-1310
Tax Annual Amount
$44,388
Tax Year
2,025
Zoning
3900
County Or Parish
Miami-Dade County

Location

Courtesy of The Corcoran Group

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