Property Attributes
- MLS#A10728218
- TypePending
- CountyMIAMI-DADE
- CityMiami Beach
- Area32
- Zip33139
- StyleMulti Family
- Price$ 1,499,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,500 SqFt
Listing Provided Courtesy Of:
The Keyes Company
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Property Description
1553 Jefferson presents a unique opportunity for the builder or investor. The 7500 SF site contains a quadruplex and a home just steps from Lincoln Road. Potential upside includes; Significant Vacant Land; Zoning allows a build-out of 9375 SF. Although the 2740 SF quadruplex is designated historic, the residence at rear is un-designated 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.
| Price History | |
|---|---|
| 8/23/2019 | Listed $1,599,000 |
| 10/7/2019 | 7% - $1,499,000 |
General Features
| Levels | Two |
| MLS Area | 32 |
| Property SubType | Multi Family |
| Property Type | Commercial Sale |
| Security Features | Smoke Detector(s) |
| Terms | Cash, Conventional |
| Total Units | 5 |
Exterior Features
| Construction Materials | Block |
| Lot Size Square Feet | 7500 |
| Number of Buildings | 2 |
| Number of Separate Electric Meters | 5 |
| Parking Features | Common |
| Roof | Barrel |
| Total Parking | 3 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to indentify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Miami Beach are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Listing information is provided exclusively for consumers' personal, non-commercial
© 2019 Palm Beach Board of Realtors MLS (PBBORMLS) Information deemed reliable, but not guaranteed
Beaches MLS® - Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2018 All rights reserved. Last Update: December 15, 2019 5:35 AM
The IDX data relating to real estate for sale on this web site comes in part from the Martin County Multiple Listing Service. The information being provided is 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. Information is deemed reliable but not guaranteed.
All information regarding a property for sale, rental or financing, school information and public tax records is from sources deemed reliable; PROVIDED, HOWEVER, that representations and warranties are not made about the accuracy thereof, and such information is subject to errors, omissions, updates, modifications, changes of price, rent rates, commissions, prior sales, leases or financing, changes in school boundaries, or withdrawal without notice. All information displayed on this Website should
This data is up-to-date as of December 15, 2019 5:35 AM. Some properties that appear for sale on this website may subsequently have sold and may no longer be available. For the most current information, contact Miami Beach.
The information provided is for consumers' personal, non-commercial use and may not be used for any other purpose. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program (BR Program) of M.L.S. of Naples, Inc., Florida Gulf
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
Information is deemed to be reliable, but is not guaranteed. © 2019 MLS and FBS. Prepared by Florida Keys MLS, Inc. on December 15, 2019 5:35 AM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information
Information is deemed to be reliable, but is not guaranteed. © 2019 MLS. Last Updated December 15, 2019 5:35 AM. The information on this sheet has been made available by the MLS and may not be the listing of the provider. Listing data provided by the Daytona Beach Area Association of REALTORS® Internet Data Exchange (IDX) program. Data is believed to be accurate but not warranted.
South Broward Board of Realtors® The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties
New Smyrna Beach Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
