5 months on rocket

955 79th Ter, Miami Beach, FL, 33141

$1,450,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,678 SqFt
$541/SqFt
Multi

Location

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955 79th Ter, Miami Beach$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1951
HeatingCentral
CoolingCentral Air, Ceiling Fan(s), Wall/Window Unit(s)
MLS #A11600647
StatusActive

About 955 79th Ter

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1951
  • Stories: 1
  • Living Area: 2,678 SqFt

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Rosario Cornman

Interior Features

Interior Information:

  • Flooring Type: Tile

Exterior Features

Exterior Information:

  • Exterior: Barbecue, Fence, Security/High Impact Doors, Porch, Patio, Shed

Virtual/3D Tour

  • Virtual Tour: 955 79th Ter
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $541/SqFt

Tax Information:

  • Annual Amount: $3,550
  • 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

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

955 79th Ter vs Miami Beach

165 DAYS ON ROCKET

+64 Days

$1,450,000

+$845.4K More

$541/SqFt

-$60 Less

KEY TAKEAWAY

This property is $845.4K more than the Median Sold Price and $60/SqFt less 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: #A11600647

Listing Office:

  • Office Name: LPT Realty LLC
  • Office Phone: (877) 366-2213
  • Listing Agent: Rosario Cornman

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: 11/23/2024, 8:20:48 PM 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$3,550$224,654
2018$3,167$210,010
2017$3,130$205,691

History based on county public records data.

Payment Calculator

$7,304

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

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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-973735
6
/10

  • Biscayne Elementary School

  • 800 77th St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-973736
10
/10

  • Ruth K. Broad/Bay Harbor K-8 Center

  • 1155 93rd St

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-973737
7
/10

  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.78 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 $38,457. Residents of Miami Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33141›955 79th Ter

This home is located at 955 79th Ter in Miami Beach, FL and zip code 33141 in the Biscayne Point neighborhood. This 2,678 square foot home was built in 1951. It has been listed on Rocket Homes since June 11, 2024 and is currently priced at $1,450,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The inventory of homes for sale in Miami Beach, FL between September 2024 and October 2024 increased by 15.1%. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.

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

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