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For sale
  • Price cut: $250K (6/26)
    $4,250,000

    1561 Jefferson Ave, Miami Beach, FL 33139

    5beds
    4baths
    10,334sqft
    Duplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $411/sqft
    $-- HOA

    What's special

    Essential hurricane-impact windowsRefrigerators and dishwashers
    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.
    180 days
    |
    202
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Diaz-De-Leon 305-720-8439,

    The Corcoran Group

    Source: MIAMI,MLS#: A11969125MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Features
      • Stairs
      • Windows: Clear Impact Glass, Drapes, Impact Glass
      Interior area
      • Total structure area: 10,334
      • Total interior livable area: 10,334 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 2
      • Exterior features: Exterior Cat Walk, Other
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0232340021310
      • Zoning: 3900

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Duplex
      Materials
      • Concrete Block Construction
      • Roof: Other
      Condition
      • Updated/Remodeled
      Details
      • Builder model: Multifamily

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Subdivision: Lincoln Sub
      HOA
      • Has HOA: Yes
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $411/sqft
      • Annual tax amount: $44,388
      • Date on market: 2/20/2026
      • Listing terms: All Cash,Conventional
      • Total actual rent: 364800

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/26/2026Price change$4,250,000-5.6%$411/sqft
        Source: MIAMI #A11969125 Report a problem
        6/6/2026Price change$4,500,000-5.3%$435/sqft
        Source: MIAMI #A11969125 Report a problem
        2/20/2026Listed for sale$4,750,000-4%$460/sqft
        Source: MIAMI #A11969125 Report a problem
        9/29/2025Listing removed$4,950,000$479/sqft
        Source: MIAMI #A11610233 Report a problem
        12/4/2024Price change$4,950,000-1%$479/sqft
        Source: MIAMI #A11610233 Report a problem
        11/12/2024Price change$5,000,000+2%$484/sqft
        Source: MIAMI #A11610233 Report a problem
        7/1/2024Listed for sale$4,900,000-10.9%$474/sqft
        Source: MIAMI #A11610233 Report a problem
        2/22/2023Listing removed--
        Source: MIAMI #A11316141 Report a problem
        2/13/2023Listing removed--
        Source: Zillow Rentals Report a problem
        2/8/2023Price change$5,500,000-8.3%$532/sqft
        Source: MIAMI #A11316141 Report a problem
        2/3/2023Listed for rent$4,100
        Source: Zillow Rentals Report a problem
        12/15/2022Listed for sale$6,000,000$581/sqft
        Source: MIAMI #A11316141 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        97 / 100
        Walker's Paradise
        56 / 100
        Good Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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