1561 Jefferson Ave ,Other, Duplex, Lincoln Sub for Sale

1561 Jefferson Ave for Sale

Price $4,950,000.00

• Lot size 7852
• Year Build 19572023
• Waterfront
• Zip 33139
• Style Other
• Parking Description
• Pool Yes
• Status Active

Description

Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, 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. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.

Rent roll will vary. For actuals and updated rent roll contact Pamela Diaz-de-Leon 305 720-8439.

LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4

Less Than 1/4 Acre Lot

Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, 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. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.

City:Miami Beach,Model:Multifamily,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2024,Latitude:25.7885532,Cooling Y N:1,Heating Y N:1,List Price:4950000,Listing Id:A11610233,Longitude:-80.1374065,Mls Status:Active,Year Built:19572023,Inclusions:Other,Living Area:7852,Postal Code:33139,Street Name:Jefferson Ave,Coordinates:1:25.7885532,Photos Count:96,Builder Model:Multifamily,Building Name:Lincoln Sub,Days On Market:218,Listing Terms:1:Conventional,Lot Size Units:Square Feet,M I A M I R E_ Area:32,M L S Area Major:Lincoln Sub,On Market Date:2024-07-01,Parcel Number:02-32-34-002-1310,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:1561,Association Y N:1,M I A M I R E_ Style:Duplex,Public Remarks:Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, 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. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.,Approval Status:Unapproved,County Or Parish:Miami-Dade County,List Office Name:The Corcoran Group,Private Remarks:Rent roll will vary. For actuals and updated rent roll contact Pamela Diaz-de-Leon 305 720-8439.,Standard Status:Active,Window Features:1:Drapes,2:Impact Glass,Living Area Units:Square Feet,Major Change Type:Price Decrease,Postal Code Plus4:3442,Property Sub Type:Duplex,State Or Province:FL,Subdivision Name:Lincoln Sub,Tax Annual Amount:40663,Total Actual Rent:33700,Unparsed Address:1561 Jefferson Ave, Miami Beach FL 33139,Exterior Features:1:Exterior Cat Walk,2:Other,Listing Agreement:Exclusive Right To Sell,Operating Expense:124600,Year Built Details:Resale,Building Area Total:7852,Building Area Units:Square Feet,M I A M I R E_ L P Amt Sq Ft:630.4126,Original List Price:4900000,Previous List Price:5000000,Public Survey Range:32,Building Area Source:Appraisal,Documents Available:1:Rent Rolls,I D X Participation Y N:1,Net Operating Income:404400,Number Of Units Total:12,Syndication Remarks:Opportunity to own a profitable rental income building -1561 Jefferson in South Beach. This reconstructed 2023 multifamily features 12 units a few blocks from the Atlantic Ocean and beach, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, flooring, 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. This property has completed the costly 40-year certification ensuring compliance. The current price offers a deal compared to future costs in other locations without certification.,Listing Contract Date:2024-07-01,Originating System I D:miamire,Public Survey Section:34,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1561,Tax Legal Description:LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:8878,Association Fee Frequency:Annually,M I A M I R E_ Internet Remarks:Prime Investment Opportunity in a profitable rental income multifamily at 1561 Jefferson Ave, South Beach. 2023 construction features 12 units.,M I A M I R E_ Showing Time Flag:1,Contract Status Change Date:2024-07-01,Internet Address Display Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:630.41,