New Construction
Address
1553 Jefferson Ave Miami Beach, FL
Price
$ 1,299,000
Property Attributes
- MLS#A10893764
- TypePending
- CountyMIAMI-DADE
- CityMiami Beach
- Area32
- NeighborhoodLINCOLN SUB
- Zip33139
- StyleMultiFamily
- Taxes21386
- Price$ 1,299,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1998
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
The Keyes Company
Property Description
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.
| Price History | |
|---|---|
| 7/16/2020 | Listed $1,399,000 |
| 9/21/2020 | 8% - $1,299,000 |
General Features
| Current Use | Commercial |
|---|---|
| MLS Area | 32 |
| Property SubType | MultiFamily |
| Property Type | Land |
| Sewer | PublicSewer |
| Zoning Description | 3900 |
Interior Features
| Living Area | 1998.0 |
|---|
Exterior Features
| Building Area Total | 1998.0 |
|---|---|
| Covered Spaces | 0.0 |
| Lot Features | Item1Acre |
| Lot Size Acres | 0.17 |
| Lot Size Area | 7500.0 |
| Lot Size Square Feet | 7500.0 |
| Number of Lots | 1 |
| Road Surface Type | Paved |
| Water Source | Public |
| Waterfront Y/N | No |
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
Property vs Zip Code Average in 33139
Price
Taxes
Visits
Walkscore
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Beaches MLS® 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 in purchasing.
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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. © 2020 MLS and FBS. Prepared by Florida Keys MLS, Inc. on October 25, 2020 12:20 AM UTC 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. © 2020 MLS. Last Updated October 25, 2020 12:20 AM UTC 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.
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
