5 months on rocket

1311 15th Ter, Miami Beach, FL, 33139

$2,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,581 SqFt
$684/SqFt
Multi

Location

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1311 15th Ter, Miami Beach$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1925
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #A11615043
StatusActive

About 1311 15th Ter

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1925
  • Stories: 2
  • Living Area: 3,581 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Roberto Cuneo

Interior Features

Interior Information:

  • Flooring Type: Tile

Virtual/3D Tour

  • Virtual Tour: 1311 15th Ter
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Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $684/SqFt

Tax Information:

  • Annual Amount: $26,155
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

1311 15th Ter vs Miami Beach

169 DAYS ON ROCKET

+72 Days

$2,450,000

+$1.8M More

$684/SqFt

+$79 More

KEY TAKEAWAY

This property is $1.8M more than the Median Sold Price and $79/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11615043

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Roberto Cuneo

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$26,155$1,351,000
2018$31,045$1,651,000
2017$31,440$1,651,000

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4469605
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.67 miles

  • Public District Grades PK-5

school-card-donut-4469606
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 1.08 miles

  • Public District Grades PK-5

school-card-donut-4469607
8
/10

  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.92 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,096. The most common annual income of people living in Miami Beach, FL is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1311 15th Ter

This home is located at 1311 15th Ter in Miami Beach, FL and zip code 33139. This 3,581 square foot home was built in 1925. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $2,450,000.

In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. In November 2024 in Miami Beach, FL there were 14.3% more homes for sale than in October 2024. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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