How much is 1561 Jefferson Avenue?

1561 Jefferson Avenue is listed at $4,250,000, about $411 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is the cap rate on 1561 Jefferson Avenue?

The listing reports net operating income of $233,896 a year, a cap rate of about 5.5% at the $4,250,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.

What is 1561 Jefferson Avenue zoned?

The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 1561 Jefferson Avenue?

The listing reports 10,334 square feet of building.

When was 1561 Jefferson Avenue built?

1561 Jefferson Avenue was built in 19572023. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.

How do I tour 1561 Jefferson Avenue?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

1561 Jefferson Avenue, Miami Beach, FL 33139

$4,250,000 · $411 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $4,250,000
Price per sq ft: $411
Building size: 10,334 sq ft
Lot size: 7,405 sq ft
Zoning: 3900
Year built: 19572023
Units: 3
Stories: 2
Net operating income: $233,896/yr
Cap rate: 5.5%
Occupancy: 100%
Tenant pays: Electricity, Interior Electric
Buildings: 1
Parcel ID: 0232340021310
MLS#: A11969099

Unit 7 at 1561 Jefferson Avenue, Miami Beach

2nd bedroomUnit 7 at 1561 Jefferson Avenue, Miami Beach

Unit 1 & 7 2bed 2bath at 1561 Jefferson Avenue, Miami Beach

View from Bedroom at 1561 Jefferson Avenue, Miami Beach

Photo 8 at 1561 Jefferson Avenue, Miami Beach

About this property

Opportunity to own a multifamily rental income in the heart of South Beach Miami. 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.

Building Features and Utilities

Sewer Available
Block

Rent Roll

Unit type	Units	Beds / baths	Size	Rent per unit	Pro forma
2 Bedroom	2	2 / —	—	—	—
2 Bedroom	4	2 / —	—	—	—
1 Bedroom	6	1 / —	—	—	—

12 units.

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross income	$364,800/yr
Net operating income	$233,896/yr
Cap rate at asking price	5.5%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

About the Business at 1561 Jefferson Avenue

Included: Building, Land, Leases

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Corcoran Group · Mercedes.Saewitz@corcoran.com · Listing agent: Pamela H Diaz-De-Leon

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1561 Jefferson Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1561 Jefferson Avenue

How much is 1561 Jefferson Avenue?: 1561 Jefferson Avenue is listed at $4,250,000, about $411 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 1561 Jefferson Avenue?: The listing reports net operating income of $233,896 a year, a cap rate of about 5.5% at the $4,250,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 1561 Jefferson Avenue zoned?: The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1561 Jefferson Avenue?: The listing reports 10,334 square feet of building.
When was 1561 Jefferson Avenue built?: 1561 Jefferson Avenue was built in 19572023. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 1561 Jefferson Avenue?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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