Lincoln 1561 Jefferson Ave Miami Beach, FL 33139

FOR SALE - Active
$5,000,000
$4,900,000 (2.0%)
Studio
Beds
7,852
Sq.Ft.

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 7,852 ft2/729.47 m2
  • Price Per: $636.78 ft2/$6,854.25 m2
  • Type: Multifamily
  • Built: No info
  • HOA: No info
  • MLS Number: A11610233
  • View No info
  • On Site: 152 days
  • Updated: Listing Refreshed: 18 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
11/12/2024Price Increased$5,000,000.002.0%$636.78 ft2/$6,854.25 m2
07/01/2024Listed$4,900,000.00$624.04 ft2/$6,717.17 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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