Miami Beach, FL 33139 1561 Jefferson Ave

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Presented By: This listing is courtesy of The Corcoran Group;
  • MLS# A11610233
  • 07/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 6
  • SQFT • 7,852

Home Details

Prime Investment Opportunity: Invest in a profitable rental income property at 1561 Jefferson Ave, South Beach. This brand-new 2023 construction features 12 units in the heart of Miami Beach a few blocks from the Atlantic Ocean, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, and flooring, along with 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. Perfectly positioned for high rental demand with exceptional returns and long-term value for discerning investors.
Presented By: This listing is courtesy of The Corcoran Group;

Interior Features for 1561 Jefferson Ave

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourceAppraiser
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Window FeaturesDrapes, ImpactGlass

General for 1561 Jefferson Ave

Additional Parcels Y/NNo
Assoc Fee Paid PerAnnually
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingCentralAir
CountyMiami-Dade
Electric On Property Y/NNo
Exterior FeaturesOther
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income404400.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense124600.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityMiami Beach
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubTypeDuplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesHotWater, Sewer, TrashCollection, Water
RoofOther
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Stories2
Subdivision NameLincoln Sub
Tax Annual Amount40663.0
Tax Year2024
TermsCash, Conventional
Total Actual Rent33700.0
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built DetailsResale
Zoning Description3900

Exterior for 1561 Jefferson Ave

Builder ModelMultifamily
Building Area Total7852.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $4,900,000
MLS#A11610233
List Date 07/01/2024
Property Type Income
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