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That money will cover the firms annual management fee of as much as $275.000. South Pointe was built to relieve overcrowding at two Miami Beach schools whose enrollments have been predominantly Hispanic and poor. The educational experiment has attracted some higherincome parents whose children attended private schools. but South Pointes expected enrollment of 550 will roughly resemble that of an urban school. "This is where all the new immigrants come. and the rents are cheap." said Patricia Parham. the principal. "They come in and move right out." About 650 parents and students got a peek at the new school. which will enroll pupils from preschool to sixth grade. during an open house last week. Besides the classroom innovation. the parents learned about Tesseract. an instructional method similar to Montessori and preschool techniques. Kathryn Thomas. vice president of Education Alternatives. described Tesseracts three principles as individualist learning. classroom flexibility and a change In the teachers role "from being someone who knows it all and pours out knowledge to being a guide. counselor and manager." One example of Tesseracts flexibility might astonish many public school veterans. "Our V.tchers dont have set lesson plans they work from." Thomas said.