955 79th TERRACE Miami Beach, FL $ 1,650,000
955 79th TERRACE
$ 1,650,000
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955 79th TERRACE

Miami Beach, FL, 33141
$ 1,650,000
Bedrooms7 Baths7.0 Sq 2,728

Monthly Estimate*

$ 10,966

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Single Family Home for sale in Miami Beach, FL

for $1,650,000 with 7 bedrooms and 7 full baths. This 2,728 square foot home was built in 1997 on a lot size of 0.13.

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. Security cameras throughout the perimeter of the property.

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Single Family Active

Price

$ 1,650,000

Bedrooms

7

Full Bath

7

Property Type

Single Family

Taxes

$ 3,694

Style

Single Family Residence

Lot Size

0.13

Year Built

1997

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

OM672927

Features
General
Interior Features Ceiling Fan(s) 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 Metal Shingle
Appliances Microwave Range Refrigerator Washer
Exterior Features French Doors Outdoor Grill Outdoor Shower Private Mailbox Storage
Zoning RM-1-MULT
Patio/Porch Features Covered Front Porch Patio Porch
Construction Materials Block Concrete
Year Built 1997
View City Water
Levels One
Property SubType Single Family Residence
Tax Year 2023
Percent Ownership Fee Simple
County Miami-Dade
New Construction No
Property Type Residential
HOA / Comm Assn No
Subdivision Name BISCAYNE BCH SUB
Facing Direction South
Garage Y/N No
Total Rooms 15
Status Active
Directions Direct to the place using a map search.
City MIAMI BEACH
Buyer Agent Compensation 2%
Senior Community Y/N No
MLS Area 33141 - Miami Beach
Lot Size Square Feet 5650
Private Pool No
Waterfront Y/N No
Carport Spaces 4
Carport Y/N Yes
Street Name 79th
Listing Terms Cash Conventional Private Financing Available
Tax Annual Amount 3694.92
Public Remarks 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 h
Lease Considered Y/N Yes
Virtual Tour https://www.propertypanorama.com/instaview/stellar/OM672927
Days on Market 67
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
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Interior
Flooring Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Impact Glass/Storm Windows
Fireplace Y/N No
Full Baths 7
Half Baths 0
Street Suffix TERRACE
Laundry Features Common Area
Total Bedrooms 7
Total Baths 7
Living Area Units Square Feet
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Exterior
Fencing Fenced Other
Water Source Public
Lot Size Area 5650
Foundation Details Slab
Building Area Total 2977
Lot Size Acres 0.13
Road Surface Type Asphalt Concrete Paved
Lot Size Units Square Feet
Covered Spaces 4
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* Excluded Features
List By
Lpt Realty

Broker

cornmanrosariorealtor@gmail.com

Email

Affordability Calculator

$11,274
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,966
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$1,650,000 Listed Price

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955 79th TERRACE, Miami Beach, FL, 33141 is a Single Family Home for sale at $1,650,000 with 2,728 sqft and a lot size of 0.13. 955 79th TERRACE has 7 bedrooms, 7.0 baths, and was built in 1997. The property's zip code is 33141 which is in Miami Beach, FL