Search
South Beach Multifamily Investment
For Sale
$4,250,000

1561 Jefferson Avenue, Miami Beach, FL 33139

12-unit property near Lincoln Road, renovated with modern amenities.

Property SizeContact for details
Days on Market172

Property Features for 1561 Jefferson Avenue

General Information

Standard status Active
Property subtype Commercial

Amenities

Central air
Central Air Cooling
Central Heating
Electric Heating
Tile Flooring
Vinyl Flooring
Listing Agency: Miami Beach
Listed By: Pamela Diaz de Leon · License #SL696905
Source: Corcoran
Added: Feb 21 Changed: Aug 8 Last Checked: Aug 8 at 6:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Miami Beach

Investment Insights

Based on property information with market context.

This 12-unit multifamily property is located in South Beach, offering access to local culture, dining, and lifestyle. Situated just half a block from Lincoln Road, residents are near numerous restaurants and bars. The property is also located six blocks from the Atlantic Ocean and close to the 36-acre Flamingo Park, which includes a football field, track, 17 tennis courts, and a pool. The building has undergone a complete 2-year renovation, including mechanical and electrical wiring, plumbing, insulation, and flooring. Designed by an Australian architect with interiors by Studio de la Vega, the property features modern, bright, and open living spaces ranging from 450 to 895 square feet. Each unit is equipped with hurricane-impact windows, in-unit washer/dryer combos, refrigerators, and dishwashers. The property is suited for multifamily rental income and is located in an area with favorable weather and tax climate.

Key Highlights

  • Prime South Beach location, half a block from Lincoln Road's dining and entertainment.
  • Turn‑key 12‑unit multifamily property with rental income potential.
  • Recently underwent a complete 2‑year renovation** of all mechanical, electrical, plumbing, insulation, and flooring.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Plumbing Service Nursing Home Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

8,213
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 12-unit property near Lincoln Road, renovated with modern amenities.
Where is this apartment building located?
The property is located at 1561 Jefferson Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Prime South Beach location, half a block from Lincoln Road's dining and entertainment.; Turn‑key 12‑unit multifamily property with rental income potential.; Recently underwent a complete 2‑year renovation** of all mechanical, electrical, plumbing, insulation, and flooring.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message