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… Read More 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. Read Less
Courtesy of The Corcoran Group, Pamela H Diaz-De-Leon, 305-395-4982.
Listing Snapshot
Days Online
120
Last Updated
Property Type
Multi Family
Square Ft.
10,334
Lot Size
0.17 Acres
Year Built
9999
MLS Number
A11969099
30 Days Snapshot Of 33139
$925k
-32%
(avg) sold price
22
+266%
homes sold
167
+24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 9999, Building features: "Exterior Lighting", Construction materials: "Block", Toal building area: 10334, 3 total units
Cooling
"Central Individual"
Floors
"Tile", "Vinyl"
Heating
"Central Individual", "Electric"
Lot
0.17 acres, "Landscaped"
Property
Zoning: 3900
Security Features
"Smoke Detector(s)"
Tenant Pays
"Electricity", "Interior Electric"
Utilities
"Sewer Available"
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