Searching...

Search For Sale

Location

Status

Price Between

  • and

  • Bedrooms

  • Bathrooms

  • Show first
  • Properties

Type

Price per Square Foot (SqFt)

Year Built

Listing Date

Sort

Address Beds Bath Type SqFt Yr Built Community $/Sq Price
1553 Jefferson Ave 0 0 Income N/A 1935 LINCOLN SUB... N/A $1,399,000
1326 16th Street 0 0 Income 2210 1926 ALTON BEACH BA... $674 $1,490,000
1529 Jefferson Ave 0 0 Income N/A 1936 LINCOLN SUB... N/A $1,690,000
344 Euclid Ave 0 0 Income 3798 1924 THE FOUNTAIN C... $566 $2,150,000
1561 West Ave 0 0 Income 3873 1954 COMMERCIAL SUB... $594 $2,300,000
1604 Pennsylvania Ave 0 0 Income 6540 1932 LINCOLN SUB... $396 $2,590,000
944 Jefferson Ave 0 0 Income 6722 1957 OCEAN BEACH AD... $394 $2,650,000
829 4th St 0 0 Income 2053 1952 OCEAN BEACH AD... $1315 $2,700,000
932 Lenox Ave 0 0 Income 2522 1936 LENOX MANOR... $1090 $2,750,000
1619 Pennsylvania Ave 0 0 Income 4018 1934 Lincoln Sub... $722 $2,899,000

Property Details

0 Bed/ 0 Bath/ 0 Half Bath
0 SqFt
1553 Jefferson Ave,
Miami Beach, FL. 33139
Map

  • Subdivision: LINCOLN SUB
  • Community: LINCOLN SUB
  • Total SqFt: 5900
  • Year Built: 1935
  • MLS ID: A10893350
  • HOA Fee:
  • Taxes : 21386
  • Price per Square Foot: $0.00
  • Listed on: 2020-07-15
  • Status: Active

1553 Jefferson presents a unique opportunity for the builder or investor. The 7500 SF site contains a Fourplex and a Detached Single Family Home steps from Lincoln Road. Potential upside includes; Significant Vacant Land; Zoning allows a buildout of 9375 SF. Although the 3,300 SF Fourplex is designated historic, the House at rear is undesignated and can be demo'd or added to for a total additional 6,200 SF of new construction. Unit Mix; All Fourplex units are ~800 SF. Two have been converted into 2BR units significantly increasing rents & 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 & pro formas.

Courtesy of The Keyes Company
More in this community FOR SALE FOR RENT
More in this zip code FOR SALE FOR RENT
FOR MORE INFORMATION
Enter your contact info to receive more details about this property and to schedule a visit.

Similar Property

Join our best deals maling list Receive the best opportunities in Miami right on your mailbox

The Realtor® Associations (Miami-Dade County, Greater Ft. Lauderdale, Greater Miami and the Beaches, Northwestern Dade, South Broward Board) are not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the South East Florida Regional MLS and is provided here for consumer’s personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate held in brokerage firms other than the office owning this web site are marked with the IDX Logo on the short inquiry and detailed information about the listing includes the name of the listing Broker’s Company. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved.