1311 15th Terrace

Miami Beach, FL 33139

$2,450,000
Price
Beds
3,581 Sq. Ft.
$684 / Sq. Ft.
3,581
Sq. Ft.
$684
per Sq. Ft.

Description

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/...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!
  1. Listed by Roberto Cuneo • Coldwell Banker Realty

Property Details for 1311 15th Terrace

Subdivision
ALTON BEACH BAY FRONT RE-
Style
Fourplex
Waterfront
No
Area
32
Auction
No
Total Units
7
Num Stories
2
Sq Ft Total
3581
LISTING UPDATED: 07/01/2024 01:00 PM

Property Details for 1311 15th Terrace

StatusActive
MLS #A11615043
Days on Market89
Taxes$20,817 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income
Year Built1925
Lot Size-
CountyMiami-Dade County

Building Information for 1311 15th Terrace

Stories-Residences7Year Built1925Building Size-Lot Size-

Property Information for 1311 15th Terrace

Location Information
Location Information
  • Parcel Number Free Text: 02-32-33-016-0050
  • Parcel Number MLX: 0050
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 33
  • Subdivision Number: 16
  • Subdivision Complex Bldg: ALTON BEACH BAY FRONT RE-
  • Unit Count: 3
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 4
General Information
  • Property Type Information: Detached, Old Spanish
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Window/Wall
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Gas Description: Natural Gas
  • Separate Meter: No
  • Cable Available: Yes
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Electric, Gas, Hot Water, Lawn Care, Sewer, Trash Removal, Water
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2023
  • Tax Information: Tax Reflects No Exemptions
  • Information Available: Deposit Held, Deposit - Security, Investment Analysis, Copy Of Lease(S), Existing Survey

Property History for 1311 15th Terrace

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1311 15th Terrace

Taxable ValueLand$2,137,500Additions$1,000Total$2,138,500
Tax Record2023$21,684 ($1,807 / month)
Home Facts
Total Finished SqFt2,804 SqFtAbove Grade Finished SqFt2,804 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1925Year Renovated1951Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3233-016-0050

Schools near 1311 15th Terrace

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1311 15th Terrace is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on July 1, 2024 by Coldwell Banker Realty, it's currently listed at $2,450,000. It has been on the market for a total of 89 days and was last sold on February 2, 2022. This listing's school district is Miami-Dade. Nearby schools include Air Base K-8 Center for International Education, Fienberg/Fisher K-8 Center and Nautilus Middle School. 1311 15th Terrace is a 0-bed, 0-bath, 3,581 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.