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
...
(Read more)
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.
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
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.
