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$4,750,000
Est. payment /mo
10,334 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,334 sqft
Price per Sqft $459
MLS Listing ID A11969099
HOA Y/N No
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
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.
Location
State FL
County Miami-dade
Area 32
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Window Features Impact Glass
Exterior
Roof Type Other
Private Pool Yes
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Structure Type Block
Others
Tax ID 02-32-34-002-1310
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by The Corcoran Group