1561 Jefferson Ave Miami Beach FL 33139 MLS #A11610233

1561 Jefferson Ave
Miami Beach, FL, 33139
$4,900,000
Beds
0 Baths
7,852 SqFt
0 Acres
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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.

Property Details

Price:
$4,900,000
MLS #:
A11610233
Status:
Active
Beds:
0
Baths:
0
Address:
1561 Jefferson Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
Lincoln Sub
Neighborhood:
Lincoln Sub
City:
Miami Beach
Listed Date:
Jul 1, 2024
State:
FL
Finished Sq Ft:
7,852
Total Sq Ft:
7,852
ZIP:
33139
Year Built:
Units:
12
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Interior

Cooling
Central Air
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Other
Exterior Features
Other
Roof
Other

Financial

HOA Frequency
Annually
Net Operating Income
$404,400
Tax Year
2024
Taxes
$40,663

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