1561 Jefferson Avenue, Miami Beach FL 33139

For sale Days on market 187

LINCOLN SUB [ Duplex ]

$4,250,000

$411/sq ft

$500,000
Price Decreased

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Overview

Year Built

19572023

Sqft

10334

Property Type

Duplex

Property 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 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

MLS#

A11969125

Total Floor in Bldg

Building

LINCOLN SUB

Address

1561 Jefferson Avenue

City

Miami Beach

State/county

Zip/Postal Code

33139

Area

Lincoln Sub

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Annually

Tax Amount

$44,388

Maint Fee

$--

Tax Year

2025

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