Multifamily in Miami Beach, FL 33139
Lincoln, 1561 Jefferson Ave

$4.8M10.5%
$4,250,000
10,334
SqFt
Status
Active
Size
10,334 SqFt (960 m2)
Price
$411/SqFt ($4,427/m2)
Type
Multifamily
HOA
N/A
MLS Number
A11969125
On Site
207 Days
Updated
19 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Other
      Interior, Heating and Cooling
      • Heating Description: Central
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: Laminate
      • Windows/Treatment: Drapes,ImpactGlass
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-02-20T18:22:32.000-00:00
        Taxes, Fees & More
        • Taxes: 44388

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        Price History

        Current
        $4.3M
        High
        $4.8M
        Low
        $4.3M
        Total Change
        -10.5%
        $4.8M$4.5M$4.2MFeb 26Jun 26Jun 26Jun 26
        Date
        Event
        Price
        Change
        Price Per
        06/26/2026
        Price Reduced
        $4.3M
        -5.56%
        $411 ft2
        $4,427 m2
        06/06/2026
        Price Reduced
        $4.5M
        0%
        $435 ft2
        $4,687 m2
        06/06/2026
        Price Reduced
        $4.5M
        -5.26%
        $435 ft2
        $4,687 m2
        02/20/2026
        Listed
        $4.8M
         
        $460 ft2
        $4,948 m2
        06/26/2026
        $4.3M
        Event
        Price Reduced
        Change
        -5.56%
        Price Per
        $411 ft2
        $4,427 m2
        06/06/2026
        $4.5M
        Event
        Price Reduced
        Change
        0%
        Price Per
        $435 ft2
        $4,687 m2
        06/06/2026
        $4.5M
        Event
        Price Reduced
        Change
        -5.26%
        Price Per
        $435 ft2
        $4,687 m2
        02/20/2026
        $4.8M
        Event
        Listed
        Price Per
        $460 ft2
        $4,948 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Pamela Diaz-De-LeonThe Corcoran Group • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Walker's Paradise. Daily errands do not require a car
        96

        100
        Transit Score®
        Good Transit. Many nearby public transportation options
        57

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        82

        100
        Sound Score®
        Bearable noise
        78

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        27

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        $2.7M – $4.3M
        Price Tier
        435 - 10,334
        SqFt Range
        1938
        Year Build
        2
        Total Floors
        174
        Total Units

        Subdivision Amenities

        Controlled Access
        Laundry

        Miami Beach
        Mid-Tier
        Mid-Tier Homes & Condos