1561 Jefferson Avenue

Miami Beach, FL 33139

$5,000,000
Price
Beds
7,852 Sq. Ft.
$637 / Sq. Ft.
7,852
Sq. Ft.
$637
per Sq. Ft.

Description

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...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.
  1. Listed by Pamela Diaz-De-Leon • The Corcoran Group

Property Details for 1561 Jefferson Avenue

Subdivision
Lincoln Sub
Style
Duplex
Waterfront
No
Area
32
Auction
No
Total Units
12
Num Stories
2
Sq Ft Total
7852
LISTING UPDATED: 11/12/2024 02:29 PM

Property Details for 1561 Jefferson Avenue

StatusActive
MLS #A11610233
Days on Market137
Taxes$40,663 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Duplex
Year Built19572023
Lot Size0.17 AC / 7,500 SF
CountyMiami-Dade County

Building Information for 1561 Jefferson Avenue

Stories-Residences12Year Built19572023Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 1561 Jefferson Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-32-34-002-1310
  • Parcel Number MLX: 1310
  • MLS Area: 32
  • Model Name: Multifamily
  • Municipal Code: 2
  • Township Range: 32
  • Section: 34
  • Subdivision Number: 2
  • Subdivision Complex Bldg: Lincoln Sub
  • Condo Model Name: Multifamily
  • Unit Count: 3
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 0
General Information
  • Property Type Information: Other, Stairs
  • Approximate Lot Size: 7500
  • Lot Description: Less Than 1/4 Acre Lot
  • Water Access: Other
  • Spa: No
  • Pool: No
  • Construction: Concrete Block Construction
  • Construction Type: Concrete Block Construction
  • Roof Description: Other Roof
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
Additional Property Information
Utilities
  • Heating Description: Central Heat
  • Cooling Description: Central Cooling
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Hot Water, Sewer, Trash Removal, Water
  • Windows Treatment: Drapes & Rods, Impact Glass
  • Exterior Features: Balconies, Exterior Cat Walk, Other
  • Storm Protection: Clear Impact Glass
Financial Information
Financial Information
  • Total Mortgage: $0
  • Type of Association: Other
  • Assoc Fee Paid Per: Yearly
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: New Construction
  • Special Information: As Is
  • Information Available: Copy Of Lease(S), Rent Rolls
  • Special Assessment: No

Property History for 1561 Jefferson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1561 Jefferson Avenue

Taxable ValueLand$1,650,000Additions$610,000Total$2,260,000
Tax Record2023$42,707 ($3,559 / month)
Home Facts
Total Finished SqFt10,334 SqFtAbove Grade Finished SqFt10,334 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3234-002-1310

Schools near 1561 Jefferson Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1561 Jefferson Avenue is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on July 1, 2024 by The Corcoran Group, it's currently listed at $5,000,000. It has been on the market for a total of 137 days and was last sold on April 13, 2018. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Fienberg/Fisher K-8 Center and Nautilus Middle School. 1561 Jefferson Avenue is a 0-bed, 0-bath, 7,852 sqft multi-family home built in 19572023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.