by RH Advisors

See Home Value
$2,450,000
Multifamily - Off Market

1311 15th Ter

Miami Beach, FL 33139
bedrooms
Studio
bathrooms
0 Bath
square feet
3581 Sqft
$14,028
Estimated Monthly
$0
HOA / Fees
-0.32%
Cap Rate

About This Property

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! Call agent for Info
Unit Size
3,581Ft²
Days on Market
-
Land Size
-
Price per sqft
$684
Property Type
Multifamily
Property Taxes
$1,998
HOA Dues
-
Year Built
1925
Last updated: 2 months ago (Miami MLS #A11357473)

Price History

Date / Event Date Event Price
Mar 16, 2024 No longer available -
No longer available
Feb 23, 2024 Price Decreased $2,450,000
↓ $200K (7.6%)
Price Decreased
Mar 15, 2023 Listed by Coldwell Banker Realty $2,650,000
Listed by Coldwell Banker Realty
Feb 4, 2022 Sold $1,350,000
Sold
Jul 6, 2016 Sold to Mio Danilovic $1,490,000
Sold to Mio Danilovic

Property Highlights

Interior Details

Interior Information

Flooring Type: Tile
Exterior Details

Property Information

Square Footage: 3581
Architectural Style: Detached, Old Spanish
Year Built: 1925

Building Information

Building Name: ALTON BEACH BAY FRONT RE-
Building Area Total: 3581
Building Area Units: Square Feet
Building Area Total: 3581
Construction Materials: CBS Construction
Roof Features: Flat Tile, Curved/S-Tile Roof

Lot Information

Lot Features: Less Than 1/4 Acre Lot
Lot Size Units: Square Feet


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
2,860 ft²
$874/ft²
$2,500,000 Aug 1, 2023
$2,500,000 Oct 19, 2023
$2,861/mo
Multifamily
Stu
-
4,240 ft²
$495/ft²
$2,100,000 Jan 13, 2023
$2,100,000 Sep 6, 2023
$2,647/mo
House
5 Beds
4 Baths
3,384 ft²
$598/ft²
$2,025,000 May 30, 2023
$2,025,000 Jan 5, 2024
-
House
6 Beds
5 Baths
3,926 ft²
$771/ft²
$3,025,000 Sep 19, 2023
$3,025,000 Feb 5, 2024
$420/mo
Condo
3 Beds
4 Baths
2,250 ft²
$1,189/ft²
$2,675,000 Aug 18, 2023
$2,675,000 Jan 4, 2024
$3,825/mo
Condo
2 Beds
3 Baths
1,992 ft²
$1,205/ft²
$2,400,000 Sep 14, 2023
$2,400,000 Dec 14, 2023
$5,689/mo
In Contract
Other
Loft
-
3,990 ft²
$627/ft²
$2,500,000 Jun 27, 2023
-
$2,057/mo
Other
Loft
-
4,212 ft²
$653/ft²
$2,750,000 Dec 18, 2023
-
$2,566/mo
Other
Loft
-
7,272 ft²
$392/ft²
$2,850,000 Nov 16, 2023
-
$3,422/mo
Other
Loft
-
-
$2,850,000 Dec 6, 2023
-
$3,422/mo
Quadruplex
Stu
-
4,213 ft²
$641/ft²
$2,700,000 Feb 1, 2024
-
$2,128/mo
Quadruplex
Stu
-
4,213 ft²
$641/ft²
$2,700,000 Feb 1, 2024
-
$2,130/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210602
06/02/2021
Studio
-
3581 ft²
$1,590,000
bedrooms
Studio
bathrooms
-
square feet
3581 ft²
-
-
-
Kevin Crego
Compass
20200928
09/28/2020
Loft
-
-
$1,700,000
bedrooms
Loft
bathrooms
-
-
-
-
Julian Johnston
The Corcoran Group

Building Info

1311 15th Terrace 1311 15th Terrace, Miami Beach, FL 33139
  • 1 Unit for Sale
More about this Building
1311 15th Terrace
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About West Avenue


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