Duplex in 1561 Jefferson Avenue, Miami Beach, FL 33139 for sale with MLS# A11969125

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.

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1561 Jefferson Avenue, Miami Beach, FL 33139

Price
Price:
$4,250,000.00
Original List Price:
$4,750,000.00
List Price per Sq Ft (Calculated, Approx.):
$411.26
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Duplex
Description of Last Important Update:
Price Reduced
Last Major Update on:
June 26, 2026 2:58 pm
Measures
Living Area:
10,334 Sqft
Built-Up Area:
10,334 Sqft
Lot Size Dimensions and Info:
7500
Property Features
Waterfront:
No
Waterfront Features:
Other
Exterior:
Other
Windows:
Rods
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Separate Meters
Construction
Year Built:
19572023
Roof:
Other
Number of Units Total:
3
Levels:
Two
Construction Materials:
Block
Flooring:
Laminate
Number of stories:
2
Structure Type:
Duplex
Number of Units in the Community or Building:
3
Flood Zone Code:
AE
Property Condition:
Resale, Updated/remodeled
Taxes and Expenses
Tax Annual Amount:
$44,388.00
Tax Year:
2025
Association Fee Frequency:
Annually
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Association
Association Type:
Other Type Of Association
Subdivision Name:
LINCOLN SUB
Senior Community:
No
Terms
Documents Available:
Rent Rolls, Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
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):
0232340021310
Zoning:
3900
Public Schools Assigned
Elementary School:
South Olive
High School:
Miami Beach
Listing History
Active on the market since:
February 20, 2026
Listing Agreement executed on:
February 20, 2026
Price change occurred on:
June 26, 2026 2:58 pm
Listing Status Last Changed On:
February 20, 2026 5:00 am
Photos updated on:
October 6, 2026 3:26 pm
Last Modified:
October 6, 2026 3:27 pm
Additional Information
Courtesy of:
The Corcoran Group
Attribution:
Not provided
Location
Street Name:
Jefferson
Street Number:
1561
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 18.8''
Longitude:
W81° 51' 45.8''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.