Home » Miami Beach » 1561 Jefferson Ave, Miami Beach, FL 33139 | A11610233

Duplex For Sale 1561 Jefferson Ave, Miami Beach, FL 33139

$4,950,000
Price has increased by $50,000

Property Highlights

Listing ID A11610233 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Duplex Living Space 7,852 Sqft/729.47 m2 approx. Building Area 7,852 Sqft/729.47 m2 approx. Year Built 1957 Time of this property on Rebonus 158 Day(s)
96 Photos of this Property

1561 Jefferson Ave, Miami Beach, FL 33139

Property Description: 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.

Virtual Open House: 360° Tour 1561 Jefferson Ave

Useful Info

Previous Asking Price:$5,000,000
Original List Price:$4,900,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Lease Details

Rent Includes:
  • Hot Water
  • Sewer
  • Trash Collection
  • Water

Measures

Living Area Source:
  • Appraiser

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Builder Model:Multifamily
Year Built Details:
  • Resale
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:2

Property Features

Waterfront:No
Exterior Features:
  • Balcony
  • Other
Roof:
  • Other
Window Features:
  • Impact Glass
  • Drapes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$40,663

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2024
Association Fee Frequency:
  • Annually
Property Tax Status:New Construction

Terms

Documents Available:
  • Rent Rolls
  • Lease
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Lease Considered:No

Community

Subdivision Name:Lincoln Sub
Senior Community:No

Parking

Parking Total Spaces:0
Covered Spaces:0

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationNew Construction
Flood ZoneAE
Type of AssociationOther
StyleDuplex
FEMA Flood Zone DesignationsAE
Municipal Code2
Ref1077001196
Subdivision Number2
Water Access Description:Other

Zoning and Legal

Tax Legal Description:LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
Real Estate Folio Number (Parcel Number):02-32-34-002-1310
Zoning Description:3900
Public Survey Township:2
Public Survey Range:32
Public Survey Section:34

Listing History

Update/EventDate/Days
Published Date:July 1, 2024 6:16 pm
On Market Date:July 1, 2024
Price Change Date Time:December 4, 2024 9:40 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:December 4, 2024 9:40 am
Status Last Changed:July 1, 2024 6:16 pm
Photos Last Modified:November 12, 2024 6:15 pm
Last Modified:December 4, 2024 2:40 pm
Days on the Market Reference Date:December 4, 2024
Days on the Market (updated on Last Modified*):156
Cumulative Days on the Market (updated on Last Modified**):156

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:96
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:32
Courtesy of:The Corcoran Group
Universal Property Id:US-12025-N-0232340021310-R-N

Location

Show Property Address:Yes
Street Name:Jefferson Ave
Street Number:1561
Street Address:1561 Jefferson Ave
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1561 Jefferson Ave, Miami Beach, FL 33139
Latitude:N25° 47' 18.8''
Longitude:W81° 51' 45.3''

Neighborhood

Postal City:Miami Beach

Property Map