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$1,450,000   Price Analysis
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955 79th Ter
Miami Beach, FL 33141
7 bed 7 bath 2,728 SqFt ($531/SqFt)
5,650SqFt lot. Built 1997
Listed 2024-02-16, Taxes $3,624
Ⓧ USDA Ineligible
due to price & location

near Miami Beach

Excellent opportunity for investors or for a family that wants to have their own home an d 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 Bss, 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. Security cameras throughout the perimeter of the property.


Presented by Rosario Cornman at
LPT REALTY LLC.


Property MLS #OM672927 from StellarMLS

Bedrooms: 7
Primary Bedroom Dimensions: 13 x 12
Bedroom 1 Dimensions: 11.4 x 12.6
Bedroom 2 Dimensions: 114 x 14.4
Bedroom 3 Dimensions: 14.3 x 10.7
Bedroom 4 Dimensions: 13.1 x 10.2
Bedroom 5 Dimensions: 10.2 x 12.5
Primary Bedroom Level: First
Bedroom 1 Level: First
Bedroom 2 Level: First
Bedroom 3 Level: First
Bedroom 4 Level: First
Bedroom 5 Level: First

Total Rooms: 15
Living Room Dimensions: 17.5 x 13.6
Living Room Level: First

Total Bathrooms: 7
Full Bathrooms: 7
Bathroom 1 Dimensions: 9.6 x 5.1
Bathroom 2 Dimensions: 4.1 x 9.5
Bathroom 3 Dimensions: 7.5 x 5.2
Bathroom 4 Dimensions: 5.3 x 7
Bathroom 5 Dimensions: 7.1 x 9.1
Bathroom 1 Level: First
Bathroom 2 Level: First
Bathroom 3 Level: First
Bathroom 4 Level: First
Bathroom 5 Level: First

Ceiling Fans(s)
Primary Bedroom Main Floor
Flooring: Tile
Window Features: Impact Glass/Storm Windows

Microwave
Range
Refrigerator
Washer
Laundry Features: Common Area

Cooling Features: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
Heating Features: Central

Dining Room Dimensions: 12.2 x 10.7
Dining Room Level: First
Kitchen Dimensions: 10.4 x 9.5
Kitchen Level: First

French Doors
Outdoor Grill
Outdoor Shower
Private Mailbox
Storage
Fencing: Fenced
Patio And Porch Features: Covered, Front Porch, Patio, Porch
Road Surface Type: Asphalt, Concrete, Paved

Water Features: Beach, Canal - Saltwater

Carport Spaces: 4

Lot Size Acres: 0.1297062
Lot Size Square Feet: 5650

View: City, Water

Calculated Total Monthly Association Fees: 0

Lease Term: Minimum Lease: No Minimum

Annual Tax Amount: 3694.92
Source Listing Status: Active
County: Miami-Dade
Directions: Direct to the place, using a map search.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 33141 - Miami Beach
Source Neighborhood: BISCAYNE BCH SUB
Parcel Number: 02-3202-008-0410
Subdivision: BISCAYNE BCH SUB
Township: 53
Zoning: RM-1-MULT
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$234,632
$3,624
2021$unknown + $unknown
$227,799
$3,598
2020$unknown + $unknown
$224,654
$3,549
2019$unknown + $unknown
$219,604
$3,455
2018$unknown + $unknown
$210,010
$3,167
2017$unknown + $unknown
$205,691
$3,130
2016$unknown + $unknown
$201,461
$3,115
2015$unknown + $unknown
$200,061
$3,153
2014$unknown + $unknown
$198,474
$3,205
2013$unknown + $unknown
$195,541
$3,149
2012$unknown + $unknown
$212,459
$3,515
2011$unknown + $unknown
$218,345
$3,098
2010$unknown + $unknown
$250,351
$3,994
2009$unknown + $unknown
$495,715
$8,797
2008$unknown + $unknown
$465,484
$8,048
2007$unknown + $unknown
$591,421
$11,931

Price Changed 2024-06-29
$1,450,000
StellarMLS
Price Changed 2024-06-29
$1,450,000
StellarMLS
Listed 2024-06-11
$1,650,000
MiamiMLS
Listed 2024-02-16
$1,650,000
StellarMLS
Listed 2024-02-16
$1,650,000
StellarMLS
Sold 2003-04-10
$250,000
Public Record
Sold 1994-12-20
$115,000
Public Record
Sold 1994-12-13
$95,000
Public Record

Total Square Feet Living: 2728
Year Built: 1997
Building Area Source: Public Records
Building Area Total: 2977
Construction Materials: Block, Concrete
Direction Faces: South
Foundation Details: Slab
Levels: One
Property Age: 27
Roof: Metal, Shingle

Sewer: Public Sewer
Cable Connected
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public

Biscayne Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Nautilus Middle School is a public middle school located approximately 3.5 miles away.
directions icon Map directions

Miami Beach Senior High School is a public high school located approximately 4.6 miles away.
directions icon Map directions

Yeshiva Elementary is a private elementary and middle school located approximately 0.2 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.