1561 Jefferson Avenue, Miami Beach, FL

$4,250,000

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10,334

Square feet

About 1561 Jefferson Avenue

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.

Features of 1561 Jefferson Avenue

MLS® # A11969125
Price $4,250,000
Square Footage 10,334
Year Built 19572023
Type Multi-Family
Sub-Type Duplex
Status Active

Community Information

Address 1561 Jefferson Avenue
Area 2320
Subdivision LINCOLN SUB
City Miami Beach
County Miami-Dade
State FL
Zip Code 33139
HOPA No Hopa

Amenities

Utilities Cable Available
Is Waterfront No
Waterfront Other
Has Pool No

Interior

Heating Central, Separate Meters
Cooling Central Air
# of Stories 2

Exterior

Exterior Features Other
Windows Rods
Roof Other
Construction Block

School Information

Elementary Miami Beach Fienberg / Fisher K-8
High Miami Beach

Additional Information

Zoning 3900
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Corcoran Group

Listing Map

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