Home » Miami Beach » 955 79th Ter, Miami Beach, FL 33141 | A11600647

Fourplex (Quadruplex) For Sale 955 79th Ter, Miami Beach, FL 33141

$1,450,000
Price has decreased by $200,000

Property Highlights

Listing ID A11600647 Status of this Listing: Active For Sale Property Type Residential Income (Multifamily 2-4) Fourplex (Quadruplex) Living Space 2,678 Sqft/248.79 m2 approx. Building Area 2,977 Sqft/276.57 m2 approx. Year Built 1951 This listing had previously gone off the market, and it is now Back on the Market. Time of this property on Rebonus 181 Day(s)

955 79th Ter, Miami Beach, FL 33141

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 3 bathrooms with tile floors throughout the house and also has 4 apartments with 1 bedroom and 1 bathroom each with tile floors in each apartment which can generate income of up to more than $14,000 per month. In addition this property has a large terrace to enjoy a good barbecue, a large storage room and a full bathroom on the terrace. This multi-family residential is close to all attractions Miami Beach offers: Restaurants, businesses, pharmacies, supermarkets, hospitals, schools, recreation and entertainment areas. HVAC 2023, Water heater 2011 and roof 2012.

Useful Info

Previous Asking Price:$1,650,000
Original List Price:$1,650,000

Lease Details

Rent Includes:
  • Other

Land Lot (Parcel) Details

Lot Features:
  • < 1/4 Acre
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Effective Year Built
Architectural
Style:
  • Fourplex
Levels:One
Construction Materials:
  • Block
Flooring:
  • Tile
Stories:1

Property Features

Waterfront:No
Exterior Features:
  • Security/high Impact Doors
  • Fence
  • Barbecue
  • Porch
  • Patio
  • Shed
Patio and Porch Features:
  • Patio
  • Open
  • Porch
Roof:
  • Shingle
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Ceiling Fan(s)
  • Wall/window Unit(s)
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$3,695

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha 203(k)
Occupant Type:
  • Tenant
Buyer Possession:
  • Negotiable
Lease Considered:No

Community

Subdivision Name:BISCAYNE BCH SUB
Community Features:
  • Laundry Facilities
Senior Community:No

Parking

Parking Total Spaces:6
Covered Spaces:0

Utilities

Sewer:
  • Septic Tank
Utilities Available:
  • Cable Not Available
Water Source:
  • Public

More Details

Water Access Description:Community Boat Ramp

Zoning and Legal

Tax Legal Description:BISCAYNE BEACH SUB PB 44-67 LOT 20 BLK 3 LOT SIZE 50.000 X 113 OR 21165-1650 03 2003 1
Real Estate Folio Number (Parcel Number):02-32-02-008-0410
Zoning Description:3900
Public Survey Township:2
Public Survey Range:32
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:June 11, 2024 10:55 am
On Market Date:February 16, 2024
Price Change Date Time:July 12, 2024 12:18 pm
Last Important Update Description:Back On Market
Date and Time of Last Important Update:October 22, 2024 10:07 am
Status Last Changed:October 22, 2024 10:07 am
Photos Last Modified:July 12, 2024 6:42 pm
Last Modified:October 22, 2024 2:07 pm
Days on the Market Reference Date:October 22, 2024
Days on the Market (updated on Last Modified*):239
Cumulative Days on the Market (updated on Last Modified**):239

Additional Information

Lot Size Range:Less Than 1/4 Acre Lot
Number of Photos:20
Location:,,Less Than 1/4 Acre Lot
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:LPT Realty LLC
Universal Property Id:US-12025-N-0232020080410-R-N

Location

Show Property Address:Yes
Street Name:79th Ter
Street Number:955
Street Address:955 79th Ter
City : Miami Beach
State : Florida
Zip Code : 33141
County : Miami-Dade
Full Address:955 79th Ter, Miami Beach, FL 33141
Latitude:N25° 51' 55.4''
Longitude:W81° 52' 20.4''

Neighborhood

Postal City:Miami Beach

Property Map