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Pinnacle Real Estate Group – FL

1561 Jefferson Avenue, Miami Beach, FL 33139 (MLS# A11969125)

1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000
Property Type: Residential Income Square Footage: 10,334 Status: Active
Current Price: $4,250,000 List Date: 2/20/2026 Last Modified: 8/26/2026

Overview

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 conve ...

Listing Details MLS# A11969125

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
10334
Living Area Main
10334
Adjusted Area Main
8878
Year Built
9999
Lot Size Dimensions
7500
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Copy Of Lease(s); Rent Rolls Exterior Features: Other Flooring: Laminate Property Condition: Resale; Updated/Remodeled Structure Type: Duplex Construction Materials: Block Cooling: Central Air Association Type: Other Type of Association Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Access: Other Water Source: Public Window Features: Rods Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Unit 1 Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Other Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: On Street Unit 1 Rooms: Kitchen; Separate Dining Unit 2 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street Unit 3 Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: On Street

Contract Information

Comp Sale YN
No
Original List Price
4750000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1561
Street Name
Jefferson
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
3763
Postal Zip
33139
Subdivision Name
LINCOLN SUB
Area
2320
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Special Assessment YN
No
Parcel Number
0232340021310
Subdivision Number
2
Zoning
3900
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee Frequency
Annually
Tax Annual Amount
44388
Tax Year
2025
Tax Legal Description
LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4

Status Change Information

Major Change Timestamp
2026-06-26T14:58:08Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-06-26T14:58:08Z
Status Change Date
2026-02-20

More Information

Meter Information

Separate Electric Meters YN
Yes

Short Sale Details

Lender Approval
Unapproved
Short Sale Addendum
No

Income and Expenses

Gross Income
364800
Net Operating Income
233896
Total Expenses
130904

Unit 1 Details

Actual Rent
3600
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished
SqFt
895

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
3000
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
603

Unit 2 Lease Description

Currently Leased YN
Yes

Unit 3 Details

Actual Rent
2500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
SqFt
665

Unit 3 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
411.26

Section Details

Parcel Number MLX
1310

Originating Details

Originating System Key
427829406
Originating System ID
M00000151
IDX
Listing Office: The Corcoran Group
Last Updated: August - 26 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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