- $4,250,000
Description
If you are an investor looking for the opportunity to own a multifamily rental income, 1561 Jefferson Avenue is the building for you. Expertly designed by a renowned Australian architect with interiors by Studio de la Vega, the building recently underwent a complete 2-year renovation of all mechanical and electrical wiring, plumbing, insulation, and flooring. The property features modern, bright, and open living spaces ranging from 450 to 895 square feet. Every unit is equipped with essential hurricane-impact windows, in-unit washer/dryer combos, refrigerators and dishwashers. This property sits in a fantastic location of South Beach living, culture, dining, and lifestyle. This is the investment of a lifetime in one of the most important cities in the country. With top CEOs relocating to take advantage of Florida’s magnificent weather and favorable tax climate, this is a rare gem. Located only six blocks from the Atlantic Ocean, this asset is perfectly primed for a future condo conversion, offering a high-margin exit strategy in the world’s most coveted real estate market. This is a turn-key opportunity in a prime location where people want to live. This 12-unit property is just half a block from the famous Lincoln Road, a mile-long promenade with over 60 incredible restaurants and bars stretching from Collins Avenue to Biscayne Bay. Residents are just blocks from the 36-acre Flamingo Park, which offers a new football field, track, 17 tennis courts, and a pool. Call now.
Address
Open on Google Maps-
Address: Array
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City: Miami Beach
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State/county: Miami-Dade
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Zip/Postal Code: Array
Details
Updated on August 27, 2026 at 7:57 am-
Property ID Array
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Price $4,250,000
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Property Size 10334 Sq Ft
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Type Duplex
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Property Status Residential Income
Additional details
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AssociationFee 0
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AssociationFeeFrequency Annually
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BuildingAreaTotal 10334
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CLIP 2320911250
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CommonInterest Other
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ConstructionMaterials Block
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ContractStatusChangeDate 2026-02-20
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Cooling Central Air
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CumulativeDaysOnMarket 187
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CurrentPrice 4250000
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DaysOnMarket 187
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DaysOnMarketReplication 187
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DaysOnMarketReplicationDate 2026-08-26
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DaysOnMarketReplicationIncreasingYN 1
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DocumentsAvailable Lease, Rent Rolls
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DocumentsChangeTimestamp 2026-03-05T09:25:40.000-00:00
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DocumentsCount 0
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ElementarySchool Miami Beach Fienberg / Fisher K-8
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Flooring Laminate
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GrossIncome 364800
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Heating Central, Separate Meters
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HighSchool Miami Beach
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR Miami REALTORS
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ListAgentAOR Miami Association of REALTORS
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ListAgentDirectPhone 305-720-8439
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ListAgentEmail pamelaslistmiami@gmail.com
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ListAgentFirstName Pamela
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ListAgentFullName Pamela H Diaz-De-Leon
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ListAgentKey 26756608
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ListAgentKeyNumeric 26756608
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ListAgentLastName Diaz-De-Leon
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ListAgentMiddleName H
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ListAgentMlsId SEF0696905
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ListAgentNationalAssociationId 279525926
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ListAgentOfficePhone 305-395-4982
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ListAgentPreferredPhone 305-720-8439
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ListAgentStateLicense 0696905
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ListOfficeAOR Miami Association of REALTORS
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ListOfficeEmail Mercedes.Saewitz@corcoran.com
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ListOfficeKey 5910188
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ListOfficeKeyNumeric 5910188
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ListOfficeMlsId SEFCSMG02
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ListOfficeName The Corcoran Group
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ListOfficePhone 305-395-4982
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ListingAgreement Exclusive Right To Sell
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ListingContractDate 2026-02-20
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ListingKeyNumeric 1153317455
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ListingTerms Cash, Conventional
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LotSizeDimensions 7500
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MLSAreaMajor 2320
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MajorChangeTimestamp 2026-06-26T10:58:08.000-00:00
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MajorChangeType Price Change
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MapCoordinateSource Imported
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MlsStatus Active
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MobileDimUnits Feet
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ModificationTimestamp 2026-08-27T04:55:55.983-00:00
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NetOperatingIncome 233896
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NumberOfUnitsInCommunity 3
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NumberOfUnitsTotal 3
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OnMarketDate 2026-02-20
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OnMarketTimestamp 2026-02-20T00:00:00.000-00:00
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OpenHouseModificationTimestamp 2026-08-26T19:23:59.587-00:00
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OriginalEntryTimestamp 2026-02-20T19:22:32.000-00:00
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OriginalListPrice 4750000
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OriginatingSystemID M00000151
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OriginatingSystemKey 539490158
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OriginatingSystemListAgentMemberKey 1227181
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OriginatingSystemListOfficeKey 1252303
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OriginatingSystemModificationTimestamp 2026-08-26T19:23:59.587-00:00
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OriginatingSystemName BEACH
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OriginatingSystemSubName BEACH_MIAMI
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ParcelNumber 0232340021310
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ParkingTotal 0
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Permission IDX
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PhotosChangeTimestamp 2026-08-27T04:55:55.860-00:00
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PhotosCount 83
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Possession Close Of Escrow
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PostalCity Miami Beach
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PostalCodePlus4 3763
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PreviousListPrice 4750000
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PriceChangeTimestamp 2026-06-26T10:58:08.000-00:00
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PropertyCondition Resale, Updated/Remodeled
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PropertySubTypeAdditional Duplex
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PublicSurveyTownship 2
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Roof Other
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Sewer Public Sewer
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SourceSystemID TRESTLE
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SourceSystemKey 1153317455
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SourceSystemName flexmls
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StateOrProvince FL
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StatusChangeTimestamp 2026-02-20T00:00:00.000-00:00
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StoriesTotal 2
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StreetName Jefferson
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StreetNumber 1561
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StreetNumberNumeric 1561
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StreetSuffix Avenue
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StructureType Duplex
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SubdivisionName LINCOLN SUB
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TaxAnnualAmount 44388
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TaxLegalDescription LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
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TaxYear 2025
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UniversalPropertyId US-12025-N-0232340021310-R-N
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Utilities Cable Available
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VideosChangeTimestamp 2026-08-27T04:55:55.860-00:00
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VideosCount 0
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WaterSource Public
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WaterfrontFeatures Other
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WindowFeatures Rods
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Zoning 3900
Overview
- Duplex
- 10334 Sq Ft
Mortgage Calculator
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Down Payment
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Loan Amount
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Contact Information
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