1561 JEFFERSON AVE, Miami Beach
$4,950,000 USD
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| Address | 1561 JEFFERSON AVE, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family |
| Price | $4,950,000 |
| Previous Price | $5,000,000 (25 days ago) |
| Property Status | Active |
| MLS Number | A11670573 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 19572023 |
| Folio Number | 02-32-34-002-1310 |
| Net Operating Income | $253,681 |
| Zoning Information | 3900 |
| Days on Market | 344 |
Detailed Description: 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 and 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
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1561 JEFFERSON AVE |
| Section | 34 |
| Zip Code (4 Digits) | 3442 |
Financial Information
| Price | $4,950,000 |
| Price per Foot | $0 |
| Previous Price | $5,000,000 |
| Folio Number | 02-32-34-002-1310 |
| Net Operating Income | $253,681 |
| Tax Amount | $40,663 |
| Tax Year | 2024 |
| Lender Approval | Unapproved |
Full Descriptions
| Detailed Description | 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 and 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 |
| Year Built Description | Resale |
| Roof Description | Other |
| Floor Description | Tile |
| Cooling Description | Central Individual A / C |
| Water Description | Public |
| Sewer Description | Other |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7500 |
| Year Built | 19572023 |
| Type of Property | Income / MultiFamily |
| Type of Business | Residential-Multi-Family |
| Construction Type | Concrete Block Construction |
| Stories Number | 2 |
| Listed with | The Corcoran Group |