WorkspaceDiscoverMultifamily · Miami Beach · Miami-Dade County
955 79th Ter, Miami Beach
No usable current rents published (MLS rent field zero). Seller historical tax appears heavily reduced; do not carry forward. Roof 2026 and HVAC 2023 claimed.
Recorded status: Workbook research; availability not rechecked. Checked: .
Workbook research; the listing has not been rechecked. Dated listing record · recheck availability and legal unit count.
- Asking price
- $1,500,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 1.88% | Matches planning allowance |
| Annual insurance | $10,025 | Matches planning allowance |
| Annual owner-paid utilities | $2,400 | Matches planning allowance |
| Monthly HOA or condo fees | $100 | Matches planning allowance |
| Other annual operating expenses | $1,200 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
6BR/4BA total; verify 2 × 3BR/2BA
- Reported units
- 2
- Reported listing area
- 2,728 sq ft
- Asking / reported sq ft
- $550
- Historical property tax / year
- $3,694
Historical tax is the seller’s bill; buyer taxes can change.
Broker info & key considerations To confirm
- Workbook observation dated 22 Sep 2026; current availability requires confirmation.
- No usable current rents published (MLS rent field zero). Seller historical tax appears heavily reduced; do not carry forward. Roof 2026 and HVAC 2023 claimed.
Source evidence and diligence
Financial figures observed Sep 22, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Listing page on zillow.comWorkbook observation · Sep 22, 2026
Questions to resolve
- Obtain unit leases, tenant estoppels and a trailing 12-month operating statement.
- Verify legal unit count, title, permitted work and possession terms.
- Obtain wind/flood insurance quotes and a buyer property-tax estimate.
- Inspect roof, structure and recertification records; price immediate work.
Similar properties
- 851 80th St, Miami Beach: 4-unit multifamily, asking $1,400,000
- 744 85th St, Miami Beach: 4-unit multifamily, asking $1,399,000
- 1765 Normandy Dr, Miami Beach: 4-unit multifamily, asking $1,389,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods