1561 Jefferson Ave, Miami Beach, FL 33139
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1561 Jefferson Ave
- Year built
- 19572023
- Property type
- Small apartment buildings
Description
This exceptional 12-unit apartment building in Miami Beach presents a lucrative investment opportunity. Completely renovated in 2023, this two-story property at 1561 Jefferson Ave boasts a prime South Beach location, just blocks from the Atlantic Ocean and Lincoln Road. The extensive renovation included new mechanical, electrical, and plumbing systems, updated flooring, high-end appliances, and hurricane-proof windows. Each of the twelve units features a combination washer/dryer and individual air conditioning. Unit sizes range from 450 to 895 square feet, offering a variety of layouts. Residents enjoy proximity to Flamingo Park, a 36.53-acre recreational area with amenities including a soccer field, track, and tennis courts. The building has recently completed the costly 40-year certification process, ensuring long-term compliance and minimizing future expenses. This turnkey investment offers significant rental income potential and represents a compelling value compared to similar properties requiring future certification updates. The asking price is $5,000,000. This property is situated in Miami-Dade County, Florida, zip code 33139.
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Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1374065
- Latitude
- 25.7885532
