Homes for sale in Miami Beach
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Income/MultiFamily
1561 Jefferson Avenue
Miami Beach, FL 33139
$4,250,000
Listing courtesy of Pamela Diaz-De-Leon, The Corcoran Group
About this home
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 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.
Details
Property
- Type
- Income/MultiFamily
- Year built
- 19572023
- Stories
- 2
- Lot size
- 7,500 sq ft
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Flooring
- Tile, Vinyl
- Cooling
- Central Individual A/C
- Heating
- Central Electric, Central Individual A/C
Exterior and parking
- Construction
- Concrete Block Construction
Community and fees
- Security
- Smoke Detector(s)
- Terms
- All Cash, Conventional/Refinance
- Lease term
- Annual Lease
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated July 20, 2026.