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Map
$1,527,492*
●
Multifamily -
Off Market
935 79th Ter
Miami Beach, FL 33141
Studio
0 Bath
3815 Sqft
$810,000 - $988,000
Reference Base Price*
69.74%
Since Jun 1, 2020
FL-Miami
Primary Model
About This Property
100% TENANT OCCUPIED, 4 UNIT BUILDING, LARGE 2 BED 1 BATH FLOOR
PLAN, PER DADE COUNTY APPRAISER AVERAGE SIZE IS 953 SQ PER UNIT.
GREAT ADDED VALUE OPPORTUNITY, CURRENT GROSS RENT ON THIS
PROPERTY ARE UNDER MARKET RENTS AT GROSS INCOME OF $55,200. 2
UNITS RENT FOR 1200 AND THE OTHER 2 FOR $1100. CAN EASILY
INCREASE RENTS AFTER RENOVATIONS $1900+ A MONTH EACH UNIT FOR A
GROSS ANNUAL RENT TOTAL OF $91,200 UPSIDE TO INCREASE CAP TO 7% +
AFTER EXPENSES AND REPAIR VALUE. SHORT WALK TO THE EAST TO
THE BEACH/ATLANTIC OCEAN, RESTAURANTS, SHOPS, COLLINS AVE
HOTELS, LOUNGES. LESS THAN 1 MILE NORTH OF WALKING DISTANCE
TO SURFSIDE & THE BAL HARBOR SHOPS. MINS FROM SOUTH BEACH
NIGHTLIFE, SHOPPING & RESTAURANTS. 4 ST PARKING SPACES.
PLEASE DO NOT DISTURB THE TENANTS
The manager has listed the unit size as 3815 square feet.
The manager has listed the unit size as 3815 square feet.
Unit Size
3,815Ft²
Days on Market
-
Land Size
-
Price per sqft
$236
Property Type
Multifamily
Property Taxes
$757
HOA Dues
-
Year Built
1952
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 17, 2020 | No longer available | - | |
No longer available | |||
Dec 5, 2019 | Price Decreased |
$899,900
↓ $20K
(2.2%)
|
|
Price Decreased | |||
Jul 6, 2019 | Relisted | $920,000 | |
Relisted | |||
Jul 5, 2019 | No longer available | - | |
No longer available | |||
May 16, 2019 | Listed | $920,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Condo
1
Bed
2
Baths
1,051 ft²
$833/ft²
$875,000
Jun 15, 2022
-
$808/mo
Active
Condo
1
Bed
1
Bath
820 ft²
$1,000/ft²
$820,000
Mar 8, 2022
-
$583/mo
Condo
1
Bed
1
Bath
720 ft²
$1,493/ft²
$1,075,000
Oct 18, 2022
-
$2,521/mo
Active
Condo
2
Beds
2
Baths
1,683 ft²
$505/ft²
$850,000
Dec 24, 2022
-
$1,810/mo
Active
Condo
2
Beds
2
Baths
1,480 ft²
$595/ft²
$880,000
Apr 29, 2022
-
$1,891/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
07/18/2020
|
|
Studio
|
-
|
4220 ft²
|
$875,000
Studio
-
4220 ft²
|
-
-
|
-
|
Tania Janet Gelabert
Galleria International Realty
|
05/16/2019
|
|
Studio
|
-
|
3815 ft²
|
$920,000
Studio
-
3815 ft²
|
-
-
|
-
|
Tania Janet Gelabert
Galleria International Realty
|