1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000
10,334
SqFt

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List Price
$4,250,000
Price Change
▼ $250,000 1782500558
MLS#
A11969125
Sq. Ft
10,334
Subtype
Duplex
County
Miami-Dade
Community
Lincoln Sub
Subdivision
Lincoln Sub
Year Built
19572023

Property Description

If you are an investor looking for the opportunity to own a multifamily rental income, 1561 Jefferson Avenue is the building for you. Expertly designed by a renowned Australian architect with interiors by Studio de la Vega, the building recently underwent a complete 2-year renovation of all mechanical and electrical wiring, plumbing, insulation, and flooring. The property features modern, bright, and open living spaces ranging from 450 to 895 square feet. Every unit is equipped with essential hurricane-impact windows, in-unit washer/dryer combos, refrigerators and dishwashers. This property sits in a fantastic location of South Beach living, culture, dining, and lifestyle. This is the investment of a lifetime in one of the most important cities in the country. With top CEOs relocating to take advantage of Florida’s magnificent weather and favorable tax climate, this is a rare gem. Located only six blocks from the Atlantic Ocean, this asset is perfectly primed for a future condo conversion, offering a high-margin exit strategy in the world’s most coveted real estate market. This is a turn-key opportunity in a prime location where people want to live. This 12-unit property is just half a block from the famous Lincoln Road, a mile-long promenade with over 60 incredible restaurants and bars stretching from Collins Avenue to Biscayne Bay. Residents are just blocks from the 36-acre Flamingo Park, which offers a new football field, track, 17 tennis courts, and a pool. Call now.

Additional Information

Status Label
ACTIVE
Total Unitsin Complex
3
Boat Service
Other
Construction
Concrete Block Construction
Cooling
Central Air
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Other
Special Information
Substantially Remodeled
Taxes
$44,388
Total Floors
2
Stories
2
Roofing
Other
Price Per Sqft
$411
Boat Services
Other

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of The Corcoran Group, Contact: