MLS® ID: A10675948

935 79th Ter

Miami Beach, Florida, 33141

$920,000 Active
  • 3815 SQFT
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 7.8% + 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
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Listing courtesy of Galleria International Realty

Amenities

  • Full baths
    0
  • Zip
    33141
  • Office name
    Galleria International Realty
  • SQFT
    3815
  • Bedrooms
    0
  • Property type
    ResidentialIncome
  • Year built
    1952
  • Sewer
    PublicSewer
  • Tax year
    2018
  • Agent name
    Tania Janet Gelabert
  • Tax amount
    $ 9089.0
  • Purchase Type
    Active
  • Price Range
    $900k-$1m
  • Square Feet Range
    3500-4000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    1302368
  • Agent ID
    3197441

Location

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