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955 79th Terrace, Miami Beach, FL 33141

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For Sale

$1,650,000

7 beds • 7 baths • 2,728 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $604.84
    Price per square foot

  • 21-30 Years Old
    Age

Explore this Property

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.
MLS# OM672927

Courtesy Of LPT Realty, LLC.

(877) 366-2213

Property Features

  • Age
    21-30 Years Old
  • Amenities
    Barbecue Area, Ceiling Fan
  • Appliances
    Microwave, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Central A/C, Window Unit(s) A/C
  • Exterior Type
    Block, Concrete Block
  • Floor Covering
    Tile
  • Heating System
    Central Furnace
  • Lot Size
    0.13 Acres
  • Roof Type
    Metal
  • Rooms
    Bedroom, Dining Room, Full Bath, Kitchen, Laundry Room, Living Room

Map and Directions

Directions to 955 79th Terrace, Miami Beach, FL 33141

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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