$4,250,000
1561 Jefferson Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $4,250,000
- Price per sq ft
- $411
- Original price
- $4,750,000
- Days on market
- 228
This multi-family property in Lincoln Sub is listed at $4,250,000, or $411 per square foot. The asking price has come down 10.5% from its original $4,750,000. It has been on the market for 228 days.
Estimated monthly payment
$22,336 /mo
Principal and interest only, based on $850,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $4,250,000
- Days on Site
- 228 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 10,334 sqft
- Total Sq Ft
- 10,334 sqft
- Property Type
- Multi-Family
- MLS #
- A11969125
- Property Tax
- $44,388 (2025)
- Subdivision
- LINCOLN SUB
- County
- Miami Dade
- Status
- Active
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Living Sq Ft
- 10,334
- Total Sq Ft
- 10,334
- Structure Type
- Duplex
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Cooling
- Central Air
- Heating
- Central / Separate Meters
- Flooring
- Laminate
- Windows
- Rods
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- Other
- Waterfront Features
- Other
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Lincoln Sub is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $399,900 to $1,600,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Lincoln Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 8
- Under Contract
- 3
- Median List Price
- $267,000
- Median $/Sq Ft
- $520
- Avg Days on Market
- 211
Frequently Asked Questions
- How do I schedule a tour of 1561 Jefferson Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1561 Jefferson Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1561 Jefferson Avenue, Miami Beach, FL 33139 still available?
- 1561 Jefferson Avenue, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 228 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1561 Jefferson Avenue, Miami Beach, FL 33139?
- With 20% down ($850,000) on the $4,250,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1561 Jefferson Avenue, Miami Beach, FL 33139 is about $22,336/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1561 Jefferson Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1561 Jefferson Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1561 Jefferson Avenue, Miami Beach, FL 33139?
- 1561 Jefferson Avenue, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1561 Jefferson Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 1561 Jefferson Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Corcoran Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$4,250,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Pamela H Diaz-De-Leon, The Corcoran Group
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in Lincoln Sub
These are the last 6 recorded closings in Lincoln Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $548 per square foot. The most recent closed on September 28, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$230,000
Sold · September 28, 2026
1560 Meridian Avenue 206
1 bed · 1 bath · 436 sqft · $528/sqft
$5,000 under the asking price
Sold$280,000
Sold · June 26, 2026
1610 Euclid Avenue A105
1 bed · 1 bath · 511 sqft · $548/sqft
$15,000 under the asking price
Sold$240,000
Sold · June 23, 2026
1610 Euclid Avenue A109
1 bed · 1 bath · 511 sqft · $470/sqft
$43,999 under the asking price
Sold$295,000
Sold · May 29, 2026
1610 Euclid Avenue A107
1 bed · 1 bath · 511 sqft · $577/sqft
Sold$2,000,000
Sold · February 27, 2026
1534 Euclid Avenue
0 bed · 0 bath · 3,990 sqft · $501/sqft
$500,000 under the asking price
Sold$320,000
Sold · November 5, 2025
1610 Euclid Avenue A111
1 bed · 1 bath · 528 sqft · $606/sqft
$25,000 under the asking price
See every recorded sale in Lincoln Sub or find out what your Lincoln Sub home is worth.
