Address
955 79th TERRACE, MIAMI BEACH, FL
Price
$ 1,650,000
Property Attributes
  • MLS#OM672928
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMIAMI BEACH
  • AreaMiami Beach
  • NeighborhoodBiscayne Bch Sub
  • Zip33141
  • StyleMulti Family
  • Year Built1997
  • Taxes$ 3694
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2728
  • Lot Size0.13 Acres
Data Source:
Stellar MLS
Property Description

Excellent opportunity for investors or for a family that wants to have their own home and additionally generate income that allows them to pay their mortgage. This multi-family residence has a main house with 3 bedrooms and 2 bathrooms with tile floors throughout the house, and also has 4 apartments with 1 bedroom, 1 bathroom each, with tile floors in each of the apartments; which can generate income of up to more than $14,000.00 dollars per month, since in total this property has 7 bedrooms and 7 bathrooms. In addition this property has a large terrace to enjoy a good barbecue, it a large storage room, and a full bathroom on the terrace. This multi-family residential is close to all the attractions that Miami Beach offers: restaurants, businesses, pharmacies, supermarkets, hospitals, schools, recreation and entertainment areas such as: beaches, the famous Normandy Shores Island, Indian Creek Island, Newport Fishing Pier, Haulover Beach, Miami Beach Botanical, Garden, North Shore, Park Beach, The Bass, has bike paths, views of the Multi-million dollar waterfront home; In short, in an excellent location with everything nearby to carry out any project you have in mind. In addition, this property does not have any type of restriction or HOA, an excellent and unique opportunity for rentals of all types. It has 3 parking spaces inside the property and 3 more in front of the house. Come see this excellent investment property and generate additional income. HVAC 2023, Hot Water Heater 2011 and Roof 2012. Enthusiastic seller, send your offer.

Price History
2/16/2024 Listed $1,650,000

General Features

Interior Features Attic Fan,Primary Bedroom Main Floor
Sewer Public Sewer
Heating Central
Cooling Central Air,Mini-Split Unit(s),Wall/Window Unit(s)
Utilities Cable Connected,Electricity Connected,Sewer Connected,Water Connected
Roof Shingle
Exterior Features Courtyard,Fenced,Outdoor Grill,Outdoor Shower,Private Mailbox,Sidewalk,Storage
Zoning RM-1-MULT
Patio/Porch Features Covered,Deck,Enclosed,Front Porch,Rear Porch
Construction Materials Block,Concrete
Year Built 1997
View City
Levels One
Property SubType Multi Family
Tax Year 2023
Percent Ownership Fee Simple
County Miami-Dade
New Construction No
Property Type Residential Income
HOA / Comm Assn No
Subdivision Name BISCAYNE BCH SUB
Garage Y/N No
Status Active
Directions Direct to the place,using a map search.
ModificationTimestamp 2024-05-31T17:51:39.180Z
City MIAMI BEACH
Buyer Agent Compensation 2%
View Y/N Yes
Senior Community Y/N No
NumberOfUnitsTotal 5
MLS Area 33141 - Miami Beach
Lot Size Units Square Feet
Lot Size Square Feet 5650
Waterfront Y/N No
Carport Spaces 4
Carport Y/N Yes
Land Lease Y/N No
Tax Annual Amount 3694.92
Additional Parcels Y/N No
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM672928
Days on Market 106
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 20
Legal Description BISCAYNE BEACH SUB PB 44-67 LOT 20 BLK 3 LOT SIZE 50.000 X 113 OR 21165-1650 03 2003 1
Water Access Type Beach,Canal - Saltwater
Minimum Lease No Minimum
Water Access Y/N Yes
Water View Y/N No
Flood Zone Code AE

Interior Features

Flooring Tile
Furnished Y/N Negotiable
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows
Fireplace Y/N No
Laundry Features Laundry Room,Outside
LivingAreaSource Public Records

Exterior Features

Water Source Public
Lot Size Area 5650
Foundation Details Slab
Number of Buildings 5
Building Area Total 2977
Lot Size Acres 0.13
Road Surface Type Asphalt,Concrete,Paved
Covered Spaces 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33141

Price
AVG $1.8M
$1.65M
Taxes
AVG $13,048
$3,694
Visits
AVG 408
711
Data Provided by Inside Real Estate®
Year Built
AVG 1952
1997