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$4,250,000
1561 Jefferson Avenue
Miami Beach, FL 33139
MLS# A11969125
7852 sqft


Unit 7
  1 / 95  
Unit 7 Unit 7 Unit 1 & 7 2bed 2bath General Floor Plan Unit 7 View from bedroom Unit 7 view of 2nd bedroom 2nd bedroom unit 7 view of balcony Second bedroom Bedroom Unit 7 Unit 7 Unit 7 2nd bedroom Unit 7 Hallway Unit 7 Unit 7 second floor 1561 Jefferson Entry to unit 7 Entry door to Unit 7 Unit 7 second bedroom unit 7 Hallway 2nd floor Units 2 & 8 Units 2 & 8 Units 2 & 8 Units 2 & 8 Units 2 & 8 Units 2 & 8 Units 2 & 8 Units 2 & 8 Photo 32 Unit 9 Units 3 & 9 Unit 9 Unit 9 Unit 9 Unit 9 Unit 9 Photo 40 Unit 9 Photo 42 Photo 43 Photo 44 Photo 45 Photo 46 Photo 47 Photo 48 Photo 49 Photo 50 Photo 51 Photo 52 Photo 53 Photo 54 Photo 55 Photo 56 Unit 4 Unit 4 & 10 Unit 4 Photo 60 Photo 61 Photo 62 Photo 63 Photo 64 Photo 65 Photo 66 Photo 67 Photo 68 Photo 69 Unit 5 & 11 Unit 5 & 11 Unit 5 & 11 Unit 5 & 11 Hallway 2nd floor - unit 11 Unit 12 Unit 6 & 12 Photo 77 Photo 78 Unit 12 Dining and bedroom Unit 12 Unit 12 Unit 12 Unit 12 Unit 12 Unit 12 Unit 12 Dining area or Den Photo 87 Unit 12 Kitchen and back door Unit 12 Unit 12 Unit 12 Photo 92 Unit 12 Unit 12 Bathroom Photo 95

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, dishwashers, individual water and electric meters. 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.

Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-02-20
Status: Active
Original List Price: 4750000
List Price: $4,250,000
Current Price: $4,250,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33139
Subdivision Number: 2
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 1561
Street Name: Jefferson
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33139
Postal Code +4: 3763
Subdivision Name: LINCOLN SUB
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0232340021310
Zoning: 3900
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 8878
Living Area Main: 7852
Lot Size Dimensions: 7500
Parking Total: 0
Stories Total: 2
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 7852
Year Built: 9999
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Association YN: 1
Association Fee Frequency: Annually
Tax Annual Amount: 42000
Tax Year: 2026
Tax Legal Description: LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
Office/Member Information
DXORIGMLSID: SEF
Exterior Features
Other: 1
Flooring
Laminate: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Short Sale Details
Lender Approval: Unapproved
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Rent Rolls: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Duplex: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Water Access
Other: 1
Window Features
Rods: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Other: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 358800
Total Expenses: 126978
Net Operating Income: 231822
Cooling
Central Air: 1
Association Type
Other Type of Association: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Showing Service: 1
Tax Information
Tax Reflects No Exemptions: 1
Unit 1 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Other: 1
Unit 1 Details
Actual Rent: 3600
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 895
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Features
On Street: 1
Unit 1 Rooms
Kitchen: 1
Separate Dining: 1
Unit 2 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 3000
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 603
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
On Street: 1
Unit 3 Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 2500
Baths Full: 1
Beds Total: 1
Efficiency YN: No
Furnished: Unfurnished
SqFt: 665
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 541.26
Section Details
Parcel Number MLX: 1310
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
Originating Details
Originating System Key: 427829406
Originating System ID: M00000151
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

IDX
Listing Office: The Corcoran Group
Source MLS Verified

Last Updated: November - 03 - 2026

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