1311 15th Ter, Miami Beach, FL 33139

Studio3 baths3,216 sqft Edit

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Off Market
Zestimate®: $644,675
Rent Zestimate®: $3,045/mo
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A Rent Zestimate® is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property.

My Notes

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OWNER FINANCING - Possibility:CASE A with complete demolition of the existing building and new project with 13 parking space ( 1 for handicap) and common area and 2 stories of apartments for a total of 8 units of approximate 1171 sq. each ( 2 bedrooms)CASE B:same rules are apply but the project will prospect 5 townhouse which will grow the price of sell for each including 2 parking space each unit.CASEC:prospect a remodel of existing building and add 2 units which will lower the tot sq

Facts

  • Multi Family
  • Built in 1925
  • Views: 1,933 all time views
  • Cooling: Central
  • Heating: Other

Features

  • Flooring: Other
  • Parking: 0 space

    Additional Features

    • Unit 1 Furniture Info.: Unfurnished
    • Type of Association: None
    • Lot Description: 4 Acre Lot
    • Status: Active-Available
    • Unit 1 Parking: Other Parking
    • Unit 2 Parking: Other Parking
    • Rent Includes: None
    • Sewer Description: Municipal Sewer
    • Tax Information: Tax Reflects City & County Tax
    • Year Built Description: Resale
    • Style: Fourplex
    • Type of Property: Fourplex
    • Unit 1 Lease Ends Info.: Owner
    • Property Type Information: Other
    • Heating Description: Other
    • Terms Considered: Owner Financing
    • Section: 33
    • Assumable: Yes
    • Rent Includes: Hot Water
    • Special Information: Documents Available
    • Municipal Code: 2
    • Folio Number: 02-32-33-016-0050
    • Subdivision Name: ALTON BEACH BAY FRONT RE-

    Construction

    • Roof type: Tile
    • Stories: 2
    • Structure type: Other

    Other

    • Floor size: 3,216 sqft
    • Zillow Home ID: 2121565840

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $644,675
    -$21,836 Last 30 days
    $496K
    $806K
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $3,045/mo
    -$47 Last 30 days
    $1.6K
    $4.6K
    Zestimate range
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    Popularity on Zillow

    1,933 all-time views
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    Comparable Homes

    Homes like this sold for $1.0-1.2M.

    $880K
    $1.32M

    Mortgages

    Neighborhood: Flamingo Lummus

    Zillow predicts Flamingo Lummus home values will rise 5.3% next year, compared to a 3.3% increase for Miami Beach as a whole. Among Flamingo Lummus homes, this home is valued 143.3% more than the midpoint (median) home, but is valued 48.2% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In Flamingo Lummus, the number of foreclosures waiting to be sold is 17.2% higher than in Miami Beach, and 166.7% higher than the national average. This higher local number may prevent Flamingo Lummus home values from rising as quickly as other regions in Miami Beach.

    Learn more about forecast calculations or Flamingo Lummus home values.
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