Renovated Multifamily Building Near Lincoln
For Sale
$4,250,000
1561 Jefferson Ave, Miami Beach, FL 33139
Completely renovated 12-unit multifamily property near South Beach.
Property SizeContact for details
Days on Market106
Property Features for 1561 Jefferson Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
19572023
Listing Agency:
(305) 720-8439
Listed By:
Pamela Diaz-De-Leon · License #SL696905 (FL)
(305) 720-8439
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Aug 7 at 5:24AM
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 Pamela Diaz-De-Leon
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,213
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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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 Ave 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.
