1561 Jefferson Ave

Flamingo / Lummus, Miami Beach, FL 33139

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. The current price offers a deal compared to future costs in other locations without certification.