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$4,750,000 Just Listed
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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. 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. 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. 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.
Full Property Details
Full Property Details for 1561 Jefferson Ave
General
- Price: $4,750,000
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11969099
- Updated: 2/20/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Residential-Multi-Family, Apartments
Rental Information
- Approvals: Unapproved
- Lease/Rent Term: Annual Lease
Interior
- Flooring: Tile
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 12
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Electric, Central Individual A/C
Utilities
- Sewer: Other
- Water: Public
Structural Information
- # Buildings: 1
- Structure Type: Commercial Condo
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Other
- Windows: Clear Impact Glass
- Stories/Levels: 2
- Building Size: 10334
- Year Built: 19572023
- Other Struct. Feat.: Exterior Lighting, Landscaped
Unit Information
- Units in Complex: 12
Lot Features
- Lot Size (Sq. Ft.): 7,500
- Zoning: 3900
Financial Considerations
- Assoc Fee Freq.: Annually
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Contracts, Deed, Copy Of Lease(S), Rent Rolls
- Legal Description: LINCOLN SUB PB 9-69 LOT 13 BLK 62 LOT SIZE 50.000 X 150 OR 12428-2647 0285 4
- Inclusions: Leases
- Property ID: 02-32-34-002-1310
Listed by The Corcoran Group
Get Pre-Approved Today
Schools
Schools serving 1561 Jefferson Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.4 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.8 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1561 Jefferson Ave
Date
Details
Price
Change
Source
2/20/2026
Listed
$4,750,000
143.59%
MLS
4/13/2018
Sold
$1,950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1561 Jefferson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$44,837
4%
$2,390,000
4%
2024
$43,220
1%
$2,300,000
2%
2023
$42,707
14%
$2,260,000
16%
2021
$37,458
-8%
$1,940,000
-13%
2022
$40,663
9%
$2,220,000
21%
2021
$37,458
-6%
$1,841,000
-10%
2019
$39,745
16%
$2,051,000
20%
2018
$34,376
7%
$1,707,673
-11%
2017
$32,064
10%
$1,910,000
35%
2016
$29,169
15%
$1,411,300
10%
2015
$25,419
4%
$1,283,000
7%
2014
$24,381
5%
$1,200,000
5%
2013
$23,184
—
$1,140,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1561 Jefferson Ave
1561 Jefferson Avenue, Miami Beach, FL 33139 (MLS# A11969099) is a Apartment property. 1561 Jefferson Avenue is currently listed for $4,750,000 and was received on February 20, 2026. Want to learn more about 1561 Jefferson Avenue? Do you have questions about finding other Apartment real estate for sale in Flamingo-Lummus? You can browse all Flamingo-Lummus real estate or contact a Coldwell Banker agent to request more information.

