Price Reduced 1.00%

$4,950,000 ($630.41 per sqft)

Est. Mortgage $25,356/mo *

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Price History

$4,900,000
7/1/2024

$5,000,000
11/12/2024

$4,950,000
12/4/2024

1561 Jefferson Ave, Miami Beach, FL, 33139

1561 Jefferson Ave, Miami Beach, FL, 33139
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7,852 sqft

Opportunity to own a profitable rental income building -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. The current price offers a deal compared to future costs in other locations without certification.

Status:

Active

Type:

Multi-family

Zoning:

3900

Subdivision:

Lincoln Sub

Heating:

Central

Cooling:

Central Air

Est. Taxes:

$40,663

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

156

Pool:

None

MLS #:

A11610233

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of The Corcoran Group Phone: 305-395-4982