ActiveIncome/MultiFamily
1561 Jefferson Avenue, Miami Beach FL 33139
Miami Beach, FL 33139 · MLS #A11969099The residence
About this property
Opportunity to own a multifamily rental income in the heart of South Beach Miami. 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, dishwashers, individual water and electric meters. 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.
At a glance
Property details
- Property type
- Income/MultiFamily
- Listing type
- For sale
- Status
- Active
- Year built
- 19572023
- Lot size
- 7,500 sq. ft.
- County
- Miami-Dade County
- Days on market
- 255
- Original list price
- $4,750,000
- Listing date
- February 20, 2026
- MLS record updated
- November 2, 2026
- Listing agent
- Pamela Diaz-De-Leon
- Listing office
- The Corcoran Group
- MLS number
- A11969099
Neighborhood & location
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Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $21,490
- Property taxes
- $0
- Homeowners insurance
- $2,125
- Estimated total
- $23,615
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of The Corcoran Group, 305-395-4982.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.