NOT LISTED FOR SALE

785 81st St Miami Beach, FL 33141

Biscayne Point Neighborhood
12 Beds
5 Baths
4,251 Sq Ft
1954 Built

Last Sold January 27, 2014

Last sale price $590,000 $139 Per Sq Ft

39 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Patio
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System

About This Home

As of January 2014

Miami Beach garden style apartment building ,well mantained,40 recert done,long term tenants ,very large units gross income = $66,600 expenses = $16,756 + $5,000 = $21,756 net operating income =$44,844

Last Agent to Sell the Property

Joseph Torregrossa

Rich Homes of Florida License #0561175 Listed on: 12/05/2013

Last Buyer's Agent

Jiovanny Restrepo

JIO Realtor License #3105916

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,398

Year Built

  • Built in 1954

Lot Details

  • Fenced

Home Design

  • Quadruplex
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System

Listing and Financial Details

  • Total Actual Rent $66,600
  • Rent includes trash collection, water
  • Assessor Parcel Number 02-32-02-008-1110

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2 3 53 42 Biscayne Beach Condos
  • 2 3 53 42 Biscayne Beach Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $16,756
  • Net Operating Income $49,844

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,398

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: 2 3 53 42 BISCAYNE BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 4251
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Built-Up
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2 3 53 42 BISCAYNE BEACH

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Reverse Cycle Unit
  • Heating Yn: Yes
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-008-1110
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 49844
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 16756
  • Total Actual Rent: 66600

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6398

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2014 01/27/14 Sold $590,000 -5.6% $139 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/05/2013 12/05/13 For Sale $625,000 -- $147 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph Torregrossa

    Seller's Agent in 2014

    Joseph Torregrossa

    Rich Homes of Florida

    (305) 491-7575

    3 in this area

    23 Total Sales

    Joseph Torregrossa
    Section Image

  • J

    Buyer's Agent in 2014

    Jiovanny Restrepo

    JIO Realtor

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1877933

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami Beach 33141 Biscayne Point

785 81st St, Miami Beach, FL

This home is located at 785 81st St, Miami Beach, FL 33141 since 05 December 2013. This property was built in 1954. 785 81st St is a home located in Miami-Dade County with nearby schools including Biscayne Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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