Cromwell 1614 Jefferson Ave 8 Unit Apartment Building For Sale Miami Beach, FL 33139

Call for Offers! Offers due October 15, 2025! Tobin Real Estate is pleased to exclusively represent OCLSEA, LLC in selling 1614 Jefferson Avenue, Miami Beach 33319. This is a very rare opportunity to purchase (8) attached and individually parceled townhomes with a value-add opportunity to increase rents or apply for the ABB designation to maximize income or create your own Condo with an Association. The property is within the limited short-term rental zoning and would simply require applying for the ABB Permit and is Zoned RM-1. The entire 8 units can be converted into condominiums as well. The roof is only 7 years old, each unit is separately metered electricity and water, the exterior has bene recently painted and new landscaping, resurfaced walkway and patio areas, a/c units range from one to ten years and are serviced monthly, four units have new kitchens, bathrooms and appliances.
This property is in the booming and highly sought after Miami Beach just ½ a block away from the iconic and internationally known Lincoln Road Mall, South Beach, Ocean Drive, Collins Avenue and Atlantic Ocean. Lincoln Road, running east-west parallel between 16th and 17th Street, is internationally known for outdoor dining and shopping with galleries of well-known designers, artists and photographers. Residents and visitors enjoy a vibrant lifestyle on the beach, restaurants, café’s, bicycling, watercraft, fitness and shopping.
Miami Beach is a coastal resort city in Miami-Dade County, Florida. It is part of the Miami metropolitan area of South Florida. The city is located on natural and human-made barrier islands between the Atlantic Ocean and Biscayne Bay. The city has 82K residents and an estimated 11 million visitors annually.
The City of Miami Beach is a south Florida island city, connected by bridges to the City of Miami mainland. South Beach is known for its international cachet with models and celebrities, and its early-20th-century architecture in the Art Deco Historic District. The Art Deco District is the largest collection of Art Deco architecture in the world and comprises hotels, apartments and other structures.
This iconic city is within minutes to the Miami International Airport, Port of Miami, Miami Beach Convention Center, Julia Tunnel Causeway, Fontainebleau Resort, The Setai Miami Beach, Eden Roc Miami Beach, Nikki Beach, Miami Heat Arena and accounts for more than half of the tourism to Miami-Dade County.
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