request_info_guest false

Lincoln Sub

$4,950,000

1561 Jefferson Ave, Miami Beach, FL 33139

Active
Last Updated: 02/24/2025

404,400

NOI

7,852 sqft

Building Size

Details:
NOI:    $404,400
Building Size:    7,852 sqft
Units:    3
Year Built:    19572023
Floors:    2
Gross Leaseable Area:    7,852
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Copy Of Lease(S), Rent Rolls
  • Architectural Style: Other
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
Description:

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. 40 year certification included in the new built. Seller Financing Options Available

Map:
Location
Gallery