Amenities
This list may not be exhaustive
DESCRIPTION
1553 jefferson presents a unique opportunity for the investor or homeowner. The 7500 sf site contains a quadruplex and a residence just steps from lincoln road. Potential upside includes;
significant vacant land; zoning allows a buildout of 9375 sf. Although the 2740 sf quadruplex is designated historic, the residence at rear is undesignated and can be demo'd or augmented for a total additional 6635 sf of new construction. Unit mix; all quadruplex units are ~700 sf. Two have already been converted into 2br units significantly increasing rents and desirability. 2br rental units are increasingly difficult to find in this area and command a premium price. Under market rents; rents are currently 25% below market. All mtm. See attached om for various development scenarios and pro formas.
Data is provided by Miami Board of Realtors.
Nearby School In South Beach
Miami Beach Senior High School
9-12
0.8 miles
Fienberg/Fisher K-8 Center
PK-8
0.3 miles
South Pointe Elementary School
PK-5
1.1 miles
Miami Beach Adult & Community Ed Center
n/a
0.3 miles
Landow Yeshiva Center
PK-12
0.5 miles
Congregation Beth Medrash Levi
7-12
0.5 miles
Rabi Alexander S Gross Hebrew
PK-12
1 miles
Rabbi Alexander Gross High School
9-12
1 miles
Rasg Hebrew Academy
PK-12
1.1 miles
St Patrick Elementary School
K-8
1.6 miles
Mesivta of Greater Miami
7-12
1.7 miles
Mechina Of South Florida
7-12
1.7 miles
- fashion
- beach
- ocean
- nightlife
- party
- restaurants
- bars
- condos
- ocean front homes
- luxury
- miami
Listed on August 23, 2019 by Neal Deputy from The Keyes Company, this apartment is for sale. apartment for sale in South Beach listed at $1,499,000, Reference A10728418
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