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$4,950,000

Est. payment - /mo

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7,852 SqFt

Price Dropped by $50K

1561 Jefferson Ave Miami Beach, FL 33139

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Cher Varghese

chervarghese@gmail.com +1(954) 643-3601

UPDATED:

12/04/2024 02:40 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 7,852 sqft

Price per Sqft $630

Subdivision Lincoln Sub

MLS Listing ID A11610233

Construction Status Resale

HOA Y/N Yes

Annual Tax Amount $40,663

Tax Year 2024

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.

Location

State FL

County Miami-dade

Community Lincoln Sub

Area 32

Interior

Heating Central

Cooling Central Air

Flooring Tile

Window Features Drapes,Impact Glass

Exterior

Exterior Feature Balcony, Other

Pool None

Utilities Available Cable Available

Roof Type Other

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 02-32-34-002-1310

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Listed by The Corcoran Group

Learn More About LPT Realty

Cher Varghese

Agent | License ID: 3292935

+1(954) 643-3601

1561 Jefferson Ave Miami Beach, FL 33139

Cher Varghese

Key Details

Location

Interior

Exterior

Building

Others

Learn More About LPT Realty

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1561 Jefferson Ave