





Investment opportunity w/ fully approved plans in prime south beach and trending west ave neighborhood to build 2 luxury townhomes. The current structure is a charming 3-bedroom, 2-bathroom home priced among the lowest in the area and offers incredible potential. Whether you're looking to build two townhomes or renovate the existing home to your personal taste, this property is a value-add purchase for investors and end-users alike. Approved plans include two luxury townhomes, 3 bedrooms each with private rooftop terraces, bbq area and plunge pools. Located within walking distance to lincoln road, parks, sunset harbour, and whole foods — convenience and lifestyle. No hoa fees for the new development.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Miami Beach Feinberg/fisher K-8 | 1420 WASHINGTON AVE | public | 842 | PK - 8 | 0.67 mi |
| Miami Beach South Pointe Elementary School | 1050 4TH ST | public | 490 | PK - 5 | 0.93 mi |
| Rasg Hebrew Academy | 2400 PINE TREE DR | private | 592 | PK - 12 | 1.41 mi |
| Fisher Island Day School | 2 FISHER ISLAND DR | private | 126 | PK - 8 | 1.79 mi |
| Tree Of Knowledge Learning Academy | 2220 NE 203RD TER | private | 125 | 4 - 12 | 1.84 mi |
| St Patrick School | 3700 GARDEN AVE | private | 297 | PK - 8 | 1.85 mi |
| Miami Children's Museum Charter School | 980 MACARTHUR CSWY | public | 309 | KG - 5 | 2.07 mi |
| North Beach Elementary School | 4100 PRAIRIE AVE | public | 937 | PK - 5 | 2.1 mi |
| Temple Beth Sholom Innovative School | 4144 CHASE AVE # 6 | private | 47 | PK - 4 | 2.11 mi |
| Montessori Academy At St John's | 4760 PINE TREE DR | private | 17 | PK - 3 | 2.77 mi |
| District Instructional Center (dic) | 1500 BISCAYNE BLVD | public | N/A | KG - 12 | 2.89 mi |
| Miami-dade Online Academy- Virtual Instruction Program | 1501 NE 2ND AVE STE 336 | public | 190 | KG - 12 | 2.9 mi |
| I Preparatory Academy | 1500 BISCAYNE BLVD STE 129 | public | 797 | PK - 12 | 2.91 mi |
| Miami-dade Virtual High School Franchise | 1501 NE 2ND AVE | public | 1111 | KG - 12 | 2.96 mi |
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