1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000

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List Price
$4,250,000
Price Change
▼ $250,000 1782501175
MLS#
A11969099
Status
ACTIVE
Type
Commercial

Property Description

Opportunity to own a multifamily rental income in the heart of South Beach Miami. 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.

Additional Information

Days on Market
157
Water Access
Building & Land, Leases
Parcel Number
02-32-34-002-1310
Lot Size
7,500
Address
1561 Jefferson Avenue, Miami Beach
Year Built
19572023
Section
34

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Calculator source: Real Geeks

Listing Courtesy of The Corcoran Group, Contact: