by RH Advisors

See Home Value
$2,950,000
House - Off Market

807 86th St

Miami Beach, FL 33141
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2945 Sqft
$16,139
Estimated Monthly
6.85%
Cap Rate

About This Property

Lowest price Waterfront residence with wide bay views in Miami-Dade county, has dock, and quick ocean access. Building currently a 4plex: has a 2 bedroom + den apt in the back, and three 1 bedroom apts in the front. (2945 sq ft w a/c) + 600 sq ft patio. The large owners unit in the back has a private dock and fenced yard. Excellent redevelopment opportunity. Many new builds on similar lots in the area. See Indian Creek Island from the back yard.  Hear the waves from Master bedroom. It's walking distance to the beach, houses of worship,  playground, dog park, and the largest natural park in Miami Beach. Many new things to come with NoBe CRA like olympic size community pool and gardens. Invest in a North Beach multifamily now & collect rent while designing a new single family home.
Unit Size
2,945Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$1,002
Property Type
House
Property Taxes
$1,653
HOA Dues
-
Year Built
1949
Last updated: 25 days ago (Miami MLS #A11354246)

Price History

Date / Event Date Event Price
Mar 4, 2024 No longer available -
No longer available
Nov 7, 2023 Price Increased $2,950,000
↑ $150K (5.4%)
Price Increased
Sep 23, 2023 Price Decreased $2,800,000
↓ $100K (3.5%)
Price Decreased
Sep 12, 2023 Price Change $2,900,000
Price Change
Sep 12, 2023 Relisted -
Relisted
Show More

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,850
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,545
  • Gross Building Area: 3,545
  • Building Area: 2,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BISCAYNE BEACH-2ND ADDN
  • Land Acres: 0.157
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BISCAYNE BEACH-2ND ADDN PB 46-39 LOT 6 BLK 14 LOT SIZE 50.000 X 137 OR 17057-2519 1295 4 COC 24514-2544 04 2006 1

Ownership

  • Current Owner : NICHOLS NATALIE L
  • Previous Owner : VIERA MANUEL
  • Previous Owner 2: VIERA NOEMI

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003912

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 165
  • District: 02
  • Parcel: 02-3203-011-0850
  • Block: 14
  • Lot: 6
  • Meridian: SEC 03 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8707
  • Longitude: -80.1278

    Address

  • Full Address: 807 86th St
  • Address - House Number: 807
  • Address - Street Name: 86th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C011
  • 4-Digit Zip Code: 1117
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 3,145
  • Tax Year: 2023
  • Tax Amount: $29,548
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4541
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 9
  • Final Value: 2,767,228
  • High Value: 4,024,097
  • Low Value: 1,510,358

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $810,000
  • First Open Lien Mortgage Lender: AEGIS WHOLESALE CORP
  • First Open Lien Mortgage Recording Date: May 11, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $810,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $2,295,788
  • Market Land Value: $2,123,500
  • Market Improvement Value: $172,288

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,161,542

    Sales

  • Current Sale Contract Date: Apr 24, 2006
  • Current Sale Recording Date: May 11, 2006
  • Current Sale Transaction ID: 11457418823
  • Current Sale Price: $1,080,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006R0510935

    Last Sale Mortgage

  • First Mortgage Lender: AEGIS WHOLESALE CORP
  • First Mortgage Transaction Date: May 11, 2006
  • First Mortgage Loan Amount: $810,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,900 ft²
$862/ft²
$2,500,000 Jun 14, 2023
-
$76/mo
House
4 Beds
3 Baths
1,808 ft²
$1,908/ft²
$3,450,000 Mar 24, 2023
-
$1,178/mo
Condo
5 Beds
6 Baths
3,400 ft²
$1,000/ft²
$3,400,000 Aug 18, 2023
-
$3,597/mo
House
4 Beds
4 Baths
2,286 ft²
$1,128/ft²
$2,579,000 Jun 16, 2023
-
$685/mo
House
4 Beds
3 Baths
2,679 ft²
$933/ft²
$2,500,000 Dec 29, 2022
-
$682/mo
House
3 Beds
4 Baths
1,999 ft²
$1,401/ft²
$2,800,000 Jun 1, 2023
-
$1,125/mo
House
3 Beds
4 Baths
2,052 ft²
$1,218/ft²
$2,499,975 Jun 14, 2023
-
$1,509/mo
House
3 Beds
4 Baths
1,869 ft²
$1,498/ft²
$2,800,000 Aug 18, 2023
-
$1,106/mo
Condo
4 Beds
5 Baths
2,111 ft²
$1,445/ft²
$3,050,000 Aug 14, 2023
-
$3,706/mo
Condo
3 Beds
4 Baths
2,556 ft²
$1,037/ft²
$2,650,000 Jul 19, 2023
-
$4,422/mo
Condo
3 Beds
3 Baths
2,210 ft²
$1,337/ft²
$2,955,500 Feb 9, 2023
-
$3,114/mo
Condo
2 Beds
3 Baths
2,250 ft²
$1,444/ft²
$3,250,000 Sep 11, 2023
-
$4,465/mo

About Biscayne Point


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Nearby Rentals

Unit for rent at 811 86th St, Miami Beach, FL, 33141

$18,000 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,664 ft²
811 86th St, Miami Beach, FL, 33141 Listing by Ty Forkner
Unit for rent at 13100 Keystone Ter, North Miami, FL, 33181

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  • 5 Beds
  • 4.5 Baths
  • 3,220 ft²
13100 Keystone Ter, North Miami, FL, 33181 Listing by Juan Zuluaga
Unit for rent at 6801 Collins Ave, Miami Beach, FL, 33141

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Frequently Asked Questions

When was property at 807 86th Street built and last sold?
The property at 807 86th Street was built in 1949 and last sold on Apr 24, 2006 for $1,080,000.
How much is this home worth?
The estimated value of the home located at 807 86th Street is $2,828,000.
What are some comparable homes to 807 86th Street?
Homes that are comparable to 807 86th Street include a house property at 9324 Abbott Avenue, 841 86th Street, 9595 Collins Avenue.

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