$4,250,000

1561 JEFFERSON AVE, MIAMI BEACH, FL 33139

0 baths7,852 sq ft2 to 4 units
Updated today, November 3, 2026

This home against Miami Beach

$541 per sq ft, 22% under the Miami Beach median
258 days on the market
Price cut $500,000 since it was listed at $4,750,000
$42,000 in property taxes (2026)

Miami Beach today: 1,854 homes for sale, median list price $659,000.

About this home

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, dishwashers, individual water and electric meters. 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.

Zoned schools

Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi

Distances from the center of MIAMI BEACH.

Listing courtesy of The Corcoran Group. MLS# A11969125.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed February 18, 2026.

Similar homes near MIAMI BEACH

Home for sale at 1000 7TH ST, MIAMI BEACH, FL 33139Price cut5 photos

$4,100,000list price

Price cut$400,000

0 ba · 7,868 sq ft 2 to 4 units

1000 7TH ST, MIAMI BEACH, FL 33139

Listing courtesy of Keller Williams Capital Realty. MLS# A11975535.On the MLS · Listed Mar 3

Home for sale at 235 18TH ST, MIAMI BEACH, FL 331395 photos

$3,950,000list price

Per sq ft$827

0 ba · 4,779 sq ft 2 to 4 units

235 18TH ST, MIAMI BEACH, FL 33139

Listing courtesy of Majestic Properties LLC. MLS# A12022142.On the MLS · Listed May 18

Home for sale at 1345 PENNSYLVANIA AVE, MIAMI BEACH, FL 331395 photos

$4,700,000list price

Per sq ft$572

0 ba · 8,219 sq ft 2 to 4 units

1345 PENNSYLVANIA AVE, MIAMI BEACH, FL 33139

Listing courtesy of Xfera Realty Group, LLC.. MLS# A12013240.On the MLS · Listed May 3

Home for sale at 288 PALM AVE, MIAMI BEACH, FL 331395 photos

$4,250,000list price

Per sq ft$2,102

3 bd · 2.5 ba · 2,022 sq ft House

288 PALM AVE, MIAMI BEACH, FL 33139

Listing courtesy of Compass Florida, LLC. MLS# A12075529.On the MLS · Listed Aug 19