Commercial Real Estate

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CommercialSaleMultifamilyFLMiami Beach1561, Jefferson Ave, Miami Beach, FL, 33139

1561 Jefferson Ave

1561, Jefferson Ave, Miami Beach, FL, 33139
    $4,950,000
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    Basics

    Description

    • Description:

      LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4 Opportunity to own a profitable rental income property -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.

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    Building Details

    • Structure Type: MultiFamily
    • Water Source: Public
    • Sewer: Other
    • Construction Materials: Block
    • Covered Spaces: 0
    • Levels: Two
    • Number Of Buildings: 1
    • Floor covering:

    Amenities & Features

    • Roof: Other
    • Window Features: ImpactGlass
    • Cooling: CentralAir

    Expenses, Fees & Taxes

    • Association Fee: 0
    • Operating Expense: $124,600
    • Tax Annual Amount: $40,663
    • Tax Year: 2024

    Miscellaneous

    • Association Fee Frequency: Annually
    • List Office Name: The Corcoran Group
    • Listing Terms: Cash,Conventional

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    This -type commercial real estate is located in 1561, Jefferson Ave, Miami Beach, FL, 33139 was built in , and is listed at $4,950,000.

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