Miami Beach, FL 33139 1561 Jefferson Ave
$4,900,000
92 more
Presented By: This listing is courtesy of The Corcoran Group;
Beds • 8
Baths • 6
SQFT • 7,852
Home Details
Prime Investment Opportunity: Invest in a profitable rental income property at 1561 Jefferson Ave, South Beach. This brand-new 2023 construction features 12 units in the heart of Miami Beach a few blocks from the Atlantic Ocean, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, and flooring, along with 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. Perfectly positioned for high rental demand with exceptional returns and long-term value for discerning investors.
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
Electric On Property Y/NNo
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 County
Days on Market14
Exterior FeaturesOther
Garage Y/NNo
HOA0.0
HeatingCentral
Home Owner AssocNo
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
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income404400.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense124600.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami Beach
Private PoolNo
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
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Stories2
Subdivision NameLincoln Sub
Tax Annual Amount40663.0
Tax Year2024
TermsCash, Conventional
Total Actual Rent33700.0
UtilitiesCableAvailable
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built DetailsResale
Zoning Description3900
Exterior for 1561 Jefferson Ave
Builder ModelMultifamily
Building Area Total7852.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem14Acre
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Diana Fahmie
Realtor
