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. The current price offers a deal compared to future costs in other locations without certification.
Property Details
Property Features
Property Information:
Stories: 2
Living Area: 7,852 SqFt
Listing Office:
Office Name: The Corcoran Group
Office Phone: (305) 395-4982
Listing Agent: Pamela Diaz-De-Leon
Interior Features
Interior Information:
Flooring Type: Tile
Exterior Features
Exterior Information:
Exterior: Balcony, Other
Virtual/3D Tour
3D Tour: 1561 Jefferson Ave
3D Tour
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Price Information
Listing Price Info
Price Summary:
List Price: $5,000,000
Price Per SqFt: $637/SqFt
HOA Fees:
Amount: $0
Frequency: Annually
Tax Information:
Annual Amount: $35,641
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school1.07 miles
Public District Grades PK-5
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.81 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.82 miles
Public District Grades 6-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.33 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.42 miles
Public Magnet Grades PK-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.26 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school3.31 miles
The neighbors living near this home have an average income of $31,414. Most Miami Beach, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
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This home is located at 1561 Jefferson Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $5,000,000.
While more than 6 listings in Miami Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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