1561 Jefferson Ave - Apartments FOR SALE


Miami Beach, FL 33139
$4,950,000 USD
305-720-8439
1561 Jefferson Ave, Miami Beach, FL for Sale
$4,950,000 USD
Apartments - FOR SALE
1/95
null | 5.61% Cap Rate

1561 Jefferson Ave
Miami Beach, FL 33139


HIGHLIGHTS

  • Located a few blocks from Flamingo Park
  • Perfectly positioned for high rental demand with exceptional returns and long-term value for discerning investors

OVERVIEW

Prime Investment Opportunity: Invest in a profitable rental income property at 1561 Jefferson Ave, South Beach. This brand-new 2023 construction features 12 units in the heart of Miami Beach a few blocks from the Atlantic Ocean, half a block from Lincoln Road. It boasts a complete 2-year renovation, including new mechanical, electrical, plumbing, and flooring, along with 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.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

12

PRICE/UNIT

$412,500

CAP RATE

5.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

3900

APN/PARCEL ID

02-3234-002-1310

ASK ABOUT THIS PROPERTY

Pamela Diaz-de-LeonThe Corcoran GroupMore Info
305-720-8439

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Pamela Diaz-de-LeonThe Corcoran GroupMore Info
305-720-8439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.