Miami Beach, FL 33139 1561 Jefferson Ave
$4,950,000
91 more
Presented By: This listing is courtesy of The Corcoran Group;
Beds • 5
Baths • 4
SQFT • 7,852
Home Details
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. 40 year certification included in the new built. Seller Financing Options Available
Presented By: This listing is courtesy of The Corcoran Group;
Interior Features for 1561 Jefferson Ave
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Window FeaturesDrapes, ImpactGlass
General for 1561 Jefferson Ave
Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
LevelsTwo
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income253681.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense124600.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami Beach
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesHotWater, Sewer, TrashCollection, Water
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Showing Instructions24 Hour Notice, Appointment Only, Call Listing Agent
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Stories2
Subdivision NameLincoln Sub
Tax Annual Amount40663.0
Tax Year2024
Total Actual Rent33700.0
UtilitiesCableAvailable
Virtual TourClick here
Year Built DetailsResale
Zoning Description3900
Exterior for 1561 Jefferson Ave
Builder ModelMultifamily
Building Area Total7852.0
Covered Spaces0.0
Crops Included Y/NNo
Exterior AmenitiesBalcony, Other
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Diana Fahmie
Realtor
