Biscayne Beach, 955 79th Ter Miami Beach, FL 33141

$1,650,000Price
2,678SqFt

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Details

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Size: 2,678 ft2 / 249 m2
Price: $616 ft2 / $6,632 m2
Built: 1951
MLS Number: A11600647
On Site: 301 Days
Updated: 84 Days ago
Page Views: 0
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.

Features

Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Barbecue, Fence, SecurityHighImpactDoors, Porch, Patio, Shed

Price History

01/14/2025

Date

Price Increased

Event

$1.7M

Price

13.79%

Change Rate

$616 ft2 / $6,632 m2

Price Per

07/12/2024

Date

Price Reduced

Event

$1.5M

Price

-12.12%

Change Rate

$541 ft2 / $5,828 m2

Price Per

06/04/2024

Date

Listed

Event

$1.7M

Price

$616 ft2 / $6,632 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Salesperson Non MemberLPT Realty LLC • Buyer Agency Compensation .

Instant Comparative Market Analysis

$100/ft²
$800/ft²
$1,600/ft²
$2,400/ft²

Unit 955 79th Ter – Asking

$616/ft²

(+32%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$467/ft²
Community $/Price Range (Closed) $190/ft² – $2282/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
7885 Crespi Blvd4/62,700$556EastCanal$1,500,0007/3/2024
# 204/62,692$423EastCanal$1,137,5004/18/2024
# 214/62,692$423EastCanal$1,137,5004/18/2024
Bed/Bath: 4/6Size SqFt: 2,700$/SqFt: $556Exposure: EastView: CanalSold: $1,500,000Closed Date: 7/3/2024
Unit: # 20
Bed/Bath: 4/6Size SqFt: 2,692$/SqFt: $423Exposure: EastView: CanalSold: $1,137,500Closed Date: 4/18/2024
Unit: # 21
Bed/Bath: 4/6Size SqFt: 2,692$/SqFt: $423Exposure: EastView: CanalSold: $1,137,500Closed Date: 4/18/2024
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