NOT LISTED FOR SALE

945 79th Terrace Miami Beach, FL 33141

Biscayne Point Neighborhood

Estimated Value: $1,004,946 - $1,491,000

5 Beds
3 Baths
2,921 Sq Ft
$430/Sq Ft Est. Value

Last Sold September 01, 2021

Last sale price $550,000 $188 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,831/month

93 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Crespi Park
  • Ceramic Tile Flooring

About This Home

As of September 2021

Duplex- North Miami Beach- Great Location walk to the beach, area of multi family units. Subject property duplex- 2 units, Unit #1, 2 bedroom 1 bath, Unit #2, 3 bedrooms 2 baths, den , tile floors,central AC, circuit breakers,, spacious units, Need Updating, Spacious rear yard, Nice quiet street,lots of potential ! ** See input under Broker remarks below for presenting offers !

Last Agent to Sell the Property

Mark Tenzer

MMLS Assoc.-Inactive Member License #0087984 Listed on: 11/03/2020

Last Buyer's Agent

Mark Tenzer

MMLS Assoc.-Inactive Member License #0087984 Listed on: 11/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,524

Year Built

  • Built in 1947

Lot Details

  • 5,663

Parking

  • 2 Parking Spaces

Home Design

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

Interior Spaces

  • 2,921 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Biscayne Bch Sub Condos
  • Biscayne Bch Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-008-0400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,524

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE BCH SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 20
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2921
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Built-Up
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE BCH SUB
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-008-0400
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7524

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2023
Sold by
Cr Property Group Llc
Bought by
Laics Llc
Total Days on Market
93
Current Estimated Value
$1,256,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,312,667
Interest Rate
6.42%
Mortgage Type
Balloon
Estimated Equity
-$55,930

Purchase Details

Closed on
Apr 27, 2023
Sold by
Rodriguez Carlos
Bought by
Cr Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,312,667
Interest Rate
6.42%
Mortgage Type
Balloon
Estimated Equity
-$55,930

Purchase Details

Closed on
May 24, 2021
Sold by
Pmc Reo Financing Trust
Bought by
Rodriguez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2019
Sold by
Pennymac Corp
Bought by
Pmc Reo Financing Trust

Purchase Details

Closed on
Jan 4, 2019
Sold by
Burgos David
Bought by
Pennymac Corp

Purchase Details

Closed on
Aug 15, 2016
Sold by
Louis & Neil 1 Llc
Bought by
Adler Real Estate Holdings 2 Llc

Purchase Details

Closed on
Oct 12, 2015
Sold by
Dyc Rentals Llc
Bought by
Louis & Niel 1 Llc

Purchase Details

Closed on
Sep 30, 2014
Sold by
Angel Management Group Llc
Bought by
Dyc Rentals Llc

Purchase Details

Closed on
Sep 23, 2014
Sold by
Burgos David
Bought by
Milan Luis Martinez

Purchase Details

Closed on
Oct 18, 2006
Sold by
Fernandez Lissett Carballo and Carballo Gonzalo
Bought by
Burgos David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 30, 2006
Sold by
Caro Roger A
Bought by
Fernandez Lissett Carballo and Caro Lissett

Purchase Details

Closed on
Nov 30, 1995
Sold by
Anderson Thomas J and Anderson Aila T
Bought by
Caro Roger A and Caro Lissett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,345
Interest Rate
7.31%
Mortgage Type
FHA
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Laics Llc $955,000 None Listed On Document
Cr Property Group Llc -- Grove Title
Cr Property Group Llc -- Grove Title
Rodriguez Carlos $550,000 Servicelink Llc
Pmc Reo Financing Trust -- Attorney
Pennymac Corp $440,300 Attorney
Adler Real Estate Holdings 2 Llc -- Attorney
Louis & Niel 1 Llc -- None Available
Dyc Rentals Llc -- None Available
Angel Management Group Llc -- None Available
Milan Luis Martinez -- None Available
Burgos David $600,000 Attorney
Fernandez Lissett Carballo -- Attorney
Caro Roger A $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cr Property Group Llc $1,350,000
Closed Cr Property Group Llc $1,350,000
Previous Owner Rodriguez Carlos $412,500
Previous Owner Burgos David $650,000
Previous Owner Caro Roger $254,000
Previous Owner Caro Roger A $129,345
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2021 09/01/21 Sold $550,000 +0.9% $188 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
12/16/2020 12/16/20 Price Changed $545,000 -3.5% $187 / Sq Ft
11/02/2020 11/02/20 For Sale $565,000 -- $193 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,625 $723,428 $508,500 $214,928
2024 $10,009 $725,070 $508,500 $216,570
2023 $10,009 $529,659 $452,000 $77,659
2022 $9,954 $529,763 $452,000 $77,763
2021 $7,364 $381,379 $367,250 $14,129
2020 $7,516 $388,239 $367,250 $20,989
2019 $7,524 $388,270 $367,250 $21,020
2018 $6,766 $359,825 $339,000 $20,825
2017 $7,391 $388,101 $0 $0
2016 $7,674 $395,087 $0 $0
2015 $5,589 $282,122 $0 $0
2014 $3,659 $114,722 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mark Tenzer

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10951953

MIAMI REALTORS® MLS

APN: 02-3202-008-0400

Florida Miami/Dade County Miami Beach 33141 Biscayne Point

945 79th Terrace, Miami Beach, FL

This home is located at 945 79th Terrace, Miami Beach, FL 33141 since 03 November 2020 and is currently estimated at $1,256,737, approximately $430 per square foot. This property was built in 1947. 945 79th Terrace 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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