$4,900,000 Price Analysis    ♡   Miami Beach, FL 33139 18 bed 14 bath 7,852 SqFt ($624/SqFt) Listed 2024-07-01, Taxes $40,663 | Ⓧ USDA Ineligible due to price & location near Miami Beach |
Prime Investment Opportunity: Invest in a profitable rental income property at 1561 Jefferson Ave
South Beach. This brand-new 2023 cnstruction 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 and 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. Perfectly positioned for high rental demand with exceptional returns and long-term value for discerning investors.
Presented by Pamela Diaz-de-Leon at
The Corcoran Group.
Property MLS #A11610233 from MiamiMLS
Bedrooms: 18
Total Bathrooms: 14
Full Bathrooms: 14
Full Bathrooms: 14
Cooling Features: CentralAir
Heating Features: Central
Heating: Yes
Heating Features: Central
Heating: Yes
Flooring: Tile
Window Features: Drapes, ImpactGlass
Window Features: Drapes, ImpactGlass
Builder Model: Multifamily
Lot Description: Item14Acre
Association: No
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 0
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 0
Rent Includes: HotWater, Sewer, TrashCollection, Water
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Annual Tax Amount: 40663
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2024
List Price Low: 4900000
Source Property Type: ResidentialIncome
Source Neighborhood: Lincoln Sub
Parcel Number: 02-32-34-002-1310
Postal City: Miami Beach
Postal Code Plus 4: 3442
Subdivision: Lincoln Sub
Zoning Description: 3900
Property Subtype: Duplex
Source System Name: C2C
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2024
List Price Low: 4900000
Source Property Type: ResidentialIncome
Source Neighborhood: Lincoln Sub
Parcel Number: 02-32-34-002-1310
Postal City: Miami Beach
Postal Code Plus 4: 3442
Subdivision: Lincoln Sub
Zoning Description: 3900
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $2,134,000 | $40,663 |
| 2021 | $290,000 + $1,650,000 $1,940,000 | $37,457 |
| 2020 | $191,000 + $1,650,000 $1,841,000 | $35,641 |
| 2019 | $401,000 + $1,650,000 $2,051,000 | $39,745 |
| 2018 | $unknown + $unknown $1,707,673 | $34,375 |
| 2017 | $260,000 + $1,650,000 $1,910,000 | $32,063 |
| 2016 | $unknown + $unknown $1,411,300 | $29,168 |
| 2015 | $420,500 + $862,500 $1,283,000 | $25,419 |
| 2014 | $337,500 + $862,500 $1,200,000 | $24,380 |
| 2013 | $unknown + $unknown $1,140,000 | $23,183 |
| 2012 | $unknown + $unknown $1,105,726 | $22,634 |
| 2011 | $unknown + $unknown $1,105,726 | $22,887 |
| 2010 | $unknown + $unknown $1,105,726 | $24,399 |
| 2009 | $unknown + $unknown $1,270,271 | $26,130 |
| 2008 | $unknown + $unknown $1,320,128 | $26,765 |
| 2007 | $unknown + $unknown $1,470,128 | $29,659 |
Listed 2024-07-01
$4,900,000
MiamiMLS
Listing removed 2024-06-05
$2,200
MiamiMLS
Listing removed 2024-05-15
$3,100
MiamiMLS
Listing removed 2024-05-15
$3,100
MiamiMLS
Listed for rent 2024-05-14
$2,200
MiamiMLS
Listed for rent 2024-04-19
$3,100
MiamiMLS
Listed for rent 2024-04-19
$3,100
MiamiMLS
Listing removed 2024-04-07
$0
Zumper
Listed for rent 2024-03-01
$3,500
Zumper
Listing removed 2024-02-28
$3,500
MiamiMLS
Listing removed 2024-02-28
$0
Zumper
Price Changed for rent 2024-02-15
$3,500
MiamiMLS
Listing removed 2024-02-12
$3,000
MiamiMLS
Listing removed 2024-01-20
$0
AppfolioUnits
Listed for rent 2024-01-19
$3,000
MiamiMLS
Listed for rent 2023-12-23
$3,900
AppfolioUnits
Listing removed 2023-12-19
$0
AppfolioUnits
Listed for rent 2023-12-05
$3,900
AppfolioUnits
Listed for rent 2023-12-04
$3,900
MiamiMLS
Listing removed 2023-11-30
$2,300
MiamiMLS
Listing removed 2023-11-30
$2,300
MiamiMLS
Listed for rent 2023-11-07
$2,300
MiamiMLS
Listed for rent 2023-11-07
$2,300
MiamiMLS
Listing removed 2023-09-01
$3,000
MiamiMLS
Listed for rent 2023-08-11
$3,000
MiamiMLS
Listing removed 2023-07-28
$0
MiamiMLS
Price Changed for rent 2023-06-14
$2,800
MiamiMLS
Listed for rent 2023-06-02
$3,000
MiamiMLS
Listing removed 2023-05-04
$0
MiamiMLS
Listing removed 2023-04-03
$3,500
MiamiMLS
Listing removed 2023-03-24
$3,900
MiamiMLS
Listing removed 2023-03-06
$4,100
MiamiMLS
Listing removed 2023-02-23
$0
MiamiMLS
Price Changed for rent 2023-02-08
$3,900
MiamiMLS
Price Changed 2023-02-08
$5,500,000
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listed for rent 2023-02-02
$3,500
MiamiMLS
Listed for rent 2023-02-02
$4,100
MiamiMLS
Listed for rent 2023-02-02
$4,100
MiamiMLS
Listed for rent 2023-02-02
$3,400
MiamiMLS
Listed for rent 2023-01-20
$4,000
MiamiMLS
Listed for rent 2023-01-10
$3,300
MiamiMLS
Price Changed for rent 2023-01-02
$4,000
MiamiMLS
Price Changed for rent 2023-01-02
$3,300
MiamiMLS
Listing removed 2022-12-19
$2,750
MiamiMLS
Listed 2022-12-15
$6,000,000
MiamiMLS
Listed for rent 2022-12-02
$2,750
MiamiMLS
Listed for rent 2022-11-29
$4,200
MiamiMLS
Listing removed 2022-11-29
$3,500
MiamiMLS
Listed for rent 2022-11-14
$3,500
MiamiMLS
Listed for rent 2022-10-26
$3,500
MiamiMLS
Sold 2018-04-17
$1,100,000
Public Record
$4,900,000
MiamiMLS
Listing removed 2024-06-05
$2,200
MiamiMLS
Listing removed 2024-05-15
$3,100
MiamiMLS
Listing removed 2024-05-15
$3,100
MiamiMLS
Listed for rent 2024-05-14
$2,200
MiamiMLS
Listed for rent 2024-04-19
$3,100
MiamiMLS
Listed for rent 2024-04-19
$3,100
MiamiMLS
Listing removed 2024-04-07
$0
Zumper
Listed for rent 2024-03-01
$3,500
Zumper
Listing removed 2024-02-28
$3,500
MiamiMLS
Listing removed 2024-02-28
$0
Zumper
Price Changed for rent 2024-02-15
$3,500
MiamiMLS
Listing removed 2024-02-12
$3,000
MiamiMLS
Listing removed 2024-01-20
$0
AppfolioUnits
Listed for rent 2024-01-19
$3,000
MiamiMLS
Listed for rent 2023-12-23
$3,900
AppfolioUnits
Listing removed 2023-12-19
$0
AppfolioUnits
Listed for rent 2023-12-05
$3,900
AppfolioUnits
Listed for rent 2023-12-04
$3,900
MiamiMLS
Listing removed 2023-11-30
$2,300
MiamiMLS
Listing removed 2023-11-30
$2,300
MiamiMLS
Listed for rent 2023-11-07
$2,300
MiamiMLS
Listed for rent 2023-11-07
$2,300
MiamiMLS
Listing removed 2023-09-01
$3,000
MiamiMLS
Listed for rent 2023-08-11
$3,000
MiamiMLS
Listing removed 2023-07-28
$0
MiamiMLS
Price Changed for rent 2023-06-14
$2,800
MiamiMLS
Listed for rent 2023-06-02
$3,000
MiamiMLS
Listing removed 2023-05-04
$0
MiamiMLS
Listing removed 2023-04-03
$3,500
MiamiMLS
Listing removed 2023-03-24
$3,900
MiamiMLS
Listing removed 2023-03-06
$4,100
MiamiMLS
Listing removed 2023-02-23
$0
MiamiMLS
Price Changed for rent 2023-02-08
$3,900
MiamiMLS
Price Changed 2023-02-08
$5,500,000
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listing removed 2023-02-03
$0
MiamiMLS
Listed for rent 2023-02-02
$3,500
MiamiMLS
Listed for rent 2023-02-02
$4,100
MiamiMLS
Listed for rent 2023-02-02
$4,100
MiamiMLS
Listed for rent 2023-02-02
$3,400
MiamiMLS
Listed for rent 2023-01-20
$4,000
MiamiMLS
Listed for rent 2023-01-10
$3,300
MiamiMLS
Price Changed for rent 2023-01-02
$4,000
MiamiMLS
Price Changed for rent 2023-01-02
$3,300
MiamiMLS
Listing removed 2022-12-19
$2,750
MiamiMLS
Listed 2022-12-15
$6,000,000
MiamiMLS
Listed for rent 2022-12-02
$2,750
MiamiMLS
Listed for rent 2022-11-29
$4,200
MiamiMLS
Listing removed 2022-11-29
$3,500
MiamiMLS
Listed for rent 2022-11-14
$3,500
MiamiMLS
Listed for rent 2022-10-26
$3,500
MiamiMLS
Sold 2018-04-17
$1,100,000
Public Record
Net Operating Income: 404400
Operating Expense: 124600
Operating Expense: 124600
Total Square Feet Living: 7852
Building Area Total: 7852
Construction Materials: Block
Levels: Two
Living Area Source: Appraiser
Levels or Stories: 2
House Style: Duplex
Year Built Details: Resale
Building Area Total: 7852
Construction Materials: Block
Levels: Two
Living Area Source: Appraiser
Levels or Stories: 2
House Style: Duplex
Year Built Details: Resale
Sewer: PublicSewer
CableAvailable
Water Source: Public
CableAvailable
Water Source: Public
Fienberg/Fisher K-8 Center is a public elementary and middle school located approximately 0.4 miles away.
Map directions
Map directionsMiami Beach Senior High School is a public high school located approximately 0.8 miles away.
Map directions
Map directionsLandow Yeshiva Center is a private elementary, middle and high school located approximately 0.5 miles away.
Map directions
Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.