Renovated Multifamily Building Near Lincoln
1561 Jefferson Avenue, Miami Beach, FL 33139
For Sale
$4,250,000
Completely renovated 12-unit multifamily property near South Beach.
Property SizeContact for details
Days on Market263
Property Features for 1561 Jefferson Avenue
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Amenities
Central air
Central Air Cooling
Central Heating
Electric Heating
Flood Zone
Tile Flooring
Vinyl Flooring
Listing Agency:
Miami Beach
Listed By:
Pamela Diaz de Leon · License FL SL696905
(305) 720-8439
Source:
Corcoran
Added: Feb 21
Changed: Nov 6
Last Checked: Nov 8 at 6:01AM
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
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Investment Insights
Based on property information with market context.
This 12-unit multifamily property presents an investment opportunity, having undergone a complete 2-year renovation. The renovation included all mechanical and electrical wiring, plumbing, insulation, and flooring. Designed by an Australian architect with interiors by Studio de la Vega, the building 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 located in South Beach, half a block from Lincoln Road, which offers over 60 restaurants and bars. Residents are also located blocks from Flamingo Park, which includes a football field, track, 17 tennis courts, and a pool. The property is located six blocks from the Atlantic Ocean and is positioned for a future condo conversion. The location has a walk score of 92, making it a walker's paradise, a bike score of 71, indicating it is very bikeable, and a transit score of 59, indicating good transit.
Key Highlights
- Completely renovated within the last 2 years, including wiring, plumbing, insulation, and flooring.
- Prime South Beach location, just half a block from Lincoln Road.
- Potential for high‑margin condo conversion.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
8,213
Businesses Nearby
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Business Placement
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
$480,500
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Miami Beach, FL
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Completely renovated 12-unit multifamily property near South Beach.
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: Completely renovated within the last 2 years, including wiring, plumbing, insulation, and flooring.; Prime South Beach location, just half a block from Lincoln Road.; Potential for high‑margin condo conversion.
