1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000
10,334
SqFt

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List Price
$4,250,000
Price Change
▼ $250,000 1782500558
MLS
A11969125
Complex Name
Lincoln Sub
Status
ACTIVE
Type
Multifamily
Living Area
10,334

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 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
Style
Duplex
Special Information
Substantially Remodeled
Exterior Features
Exterior Cat Walk, Other
Water Access
Other
Year Built
19572023
Development Name
Lincoln Sub
#Stories
2
Construction Type
Concrete Block Construction
Section
34

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Calculator source: Real Geeks

Listing Courtesy of The Corcoran Group, Contact: