Miami Beach, FL 33139 1311 15th Ter

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Presented By: This listing is courtesy of Coldwell Banker Realty;
  • MLS# A11615043
  • 07/01/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 9
  • SQFT • 3,581

Home Details

Shovel-ready opportunity or collect rent as-is! This legal 7-unit multi-family has 5 units in the main structure & 2 in the detached cottage. Main house: 3 studios (2 w/ a yard and 1 w/ a balcony); two 2-bed 1 bath units (1 w/ a yard and 1 w/ a balcony). Back House: One 1-bed unit downstairs & another 1-bed unit upstairs. All Tenants enjoy a common back-yard & laundry. The shovel-ready project consists of an elegant four-story boutique building w/ underneath parking & a fantastic common rooftop w/ a pool & a summer kitchen! It will feature SIX identical 3-bed, 2-bath, 1310sqf units, two per floor & each one w/ a private wrap around balcony! There is a HUGE lack of 3/2 condos in boutique buildings in SoBe, and those few are highly sought after!
Presented By: This listing is courtesy of Coldwell Banker Realty;

Interior Features for 1311 15th Ter

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes

General for 1311 15th Ter

Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBlock
CoolingWallWindowUnits
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionALTON BEACH BAY FRONT RE-SUB PB 16-1 LOT 8 & E1/2 LOT 9 BLK 67 A LOT SIZE 75.000 X 100 OR 17892-3688 1097 4 COC 22840-4139 11 2004 1
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
Net Operating Income131580.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense44220.0
Pool FeaturesNone
PossessionCloseOfEscrow, Negotiable
PostalCityMiami Beach
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesElectricity, Gas, Gardener, HotWater, Sewer, TrashCollection, Water
RoofFlat, SpanishTile, Tile
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameALTON BEACH BAY FRONT RE-
Tax Annual Amount20817.0
Tax Year2023
TermsCash, OwnerMayCarry
Total Actual Rent175800.0
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1925
Year Built DetailsEffective Year Built
Zoning Description3900

Exterior for 1311 15th Ter

Building Area Total3581.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLessThanQuarterAcre
Open Parking Y/NNo
SpaNo
Total Parking4.0

Additional Details

Price History

Worth Clark

Price $2,450,000
MLS#A11615043
List Date 07/01/2024
Property Type Income
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