955 79th Terrace

Miami Beach, FL 33141

$1,650,000
Price
Beds
2,728 Sq. Ft.
$605 / Sq. Ft.
2,728
Sq. Ft.
$605
per Sq. Ft.

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...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.
  1. Listed by Rosario Cornman • COMPLETE REALTY GROUP

Property Details for 955 79th Terrace

Subdivision Name
BISCAYNE BCH SUB
Township
53
Carport Spaces
4
View
City
Waterfront
No
Furnished
Furnished Or Unfurnished

Location

Listing Courtesy of COMPLETE REALTY GROUP
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LISTING UPDATED: 03/19/2024 12:15 PM

Property Details for 955 79th Terrace

StatusActive
MLS #OM672928
Days on Market74
Taxes$3,695 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1997
Lot Size0.13 AC / 5,650 SF
CountyMiami-Dade County

Location

Listing Courtesy of COMPLETE REALTY GROUP
Add your commute

Building Information for 955 79th Terrace

Stories-Residences5Year Built1997Building Size-Lot Size0.13 AC / 5,650 SF

Payment Calculator

$9,313 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 955 79th Terrace

Summary
Location and General Information
  • Building Area Source: Public Records
  • Building Area Total: 2977.0
  • Building Area Units: Square Feet
  • Directions: Direct to the place, using a map search.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 955
  • Street Name: 79TH
  • Street Suffix: TERRACE
  • State: FL
  • City: MIAMI BEACH
Parking
  • Available For Lease: Yes
  • Carport: Yes
  • Garage: No
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 003912
  • Tax Book Number: 44 / 670
  • 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
  • Tax Lot: 20
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Parcel Number: 02-3202-008-0410
  • Total Acreage: 0 to less than 1/4
  • Total Num Buildings: 5
  • Water Access: Beach, Canal - Saltwater
  • Water Access: Yes
  • Water Extras: No
  • Zoning: RM-1-MULT
  • Living Area: 2728
Property and Assessments
  • Year Built Numeric: 1997
  • Flood Zone Code: AE
  • Homestead: Yes
  • New Construction: No
  • Public Survey Range: 02
  • Public Survey Section: 02
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete
  • Exterior Features: Courtyard, Fenced, Outdoor Grill, Outdoor Shower, Private Mailbox, Sidewalk, Storage
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Deck, Enclosed, Front Porch, Rear Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 0
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s)
  • Fireplace: No
  • Flooring: Tile
  • Heating: Central
  • Interior Features: Attic Fan, Primary Bedroom Main Floor
  • Laundry Features: Laundry Room, Outside
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Water View: No
  • Window Features: Impact Glass/Storm Windows
Multi Family
Multi-Family Information
  • Annual Net Income: $168,000.00
  • Unit Count: 5
Unit 1
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 3
  • Unit Type Type 1: 3 Bedroom
Unit 2
  • Unit Type Baths Total 2: 1
  • Unit Type Beds Total 2: 1
  • Unit Type Type 2: Apartments
Unit 3
  • Unit Type Baths Total 3: 1
  • Unit Type Beds Total 3: 1
  • Unit Type Type 3: Apartments
Unit 4
  • Unit Type Baths Total 4: 1
  • Unit Type Beds Total 4: 1
  • Unit Type Type 4: Apartments
Unit 5
  • Unit Type Baths Total 5: 1
  • Unit Type Beds Total 5: 1
  • Unit Type Type 5: Apartments

Property History for 955 79th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 955 79th Terrace

Taxable ValueLand-Additions-Total-
Tax Record2023$3,695 ($308 / month)
Home Facts
Total Finished SqFt2,678 SqFtAbove Grade Finished SqFt2,678 SqFtStories1Lot Size5,650 SqFtStyleDuplexYear Built1951Year Renovated2014Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3202-008-0410

Schools near 955 79th Terrace

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biscayne Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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955 79th Terrace is a multi-family home for sale in Miami Beach, FL 33141. This property was listed for sale on February 15, 2024 by COMPLETE REALTY GROUP, it's currently listed at $1,650,000. It has been on the market for a total of 74 days and was last sold on April 10, 2003. This listing's school district is Miami-Dade. Nearby schools include Biscayne Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 955 79th Terrace is a 0-bed, 0-bath, 2,728 sqft multi-family home built in 1997.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of COMPLETE REALTY GROUP

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.