tomo logo

$3,600,000

Beds
5
Baths
4.0
sq ft
2,945

807 86th St, Miami Beach, FL 33141

807 86th St

Miami Beach, FL 33141

  • 41 days on market
Lowest price Waterfront residence with wide bay views in Miami-Dade county, has dock, and quick ocean access. Building currently a 4plex: has a 2 bedroom + den apt in the back, and three 1 bedroom apts in the front. (2945 sq ft w a/c) + 600 sq ft patio. The large owners unit in the back has a private dock and fenced yard. Excellent redevelopment opportunity. Many new builds on similar lots in the area. See Indian Creek Island from the back yard. Hear the waves from Master bedroom. It's walking distance to the beach, houses of worship, playground, dog park, and the largest natural park in Miami Beach. Many new things to come with NoBe CRA like olympic size community pool and gardens. Invest in a North Beach multifamily now & collect rent while designing a new SFH. Rent estimate $11.6k/mo +

Details

Property type

Single Family Residence

Lot size

6,850 sq ft

Price per sq ft

$1,223

Year built

1949

Annual property taxes

$29,548

Price History

09/25/2024
SEF

SEF #A11665618

Listed
$3,600,000
+22.03%
03/04/2024
SEF

SEF #A11354246

Removed
$2,950,000
03/08/2023
SEF

SEF #A11354246

Listed
$2,950,000

Schools & Community

Neighborhood: 

Biscayne Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Aegis Wholesale Corp

Loan start date

April 2006

Original loan amount

$810,000

Est. remaining balance

Not provided

Interest rate

1.5%

Loan type

Commercial, 30 year

Seller

Natalie L Nichols

Lender

Aegis Wholesale Corp

Loan start date

April 2006

Original loan amount

$810,000

Est. remaining balance

Not provided

Interest rate

1.5%

Loan type

Commercial, 30 year

Seller

Natalie L Nichols

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

SEF
$3,750,000
5 bd
|
3 ba
|
2,302 sq ft
|
House

7810 Hawthorne Ave, Miami Beach, FL 33141

SEF
$3,475,000
4 bd
|
4 ba
|
2,509 sq ft
|
House

265 Fairway Dr, Miami Beach, FL 33141

SEF
$3,944,000
3 bd
|
3 ba
|
2,299 sq ft
|
House

1240 Stillwater Dr, Miami Beach, FL 33141

Status: Active

Tomo last checked: 11/05/2024 at 11:40 AM

Listing updated: 09/30/2024 at 4:23 PM

Listed by: Natalie Nichols, United Realty Group Inc Phone #: (954) 450-2000

MLS: SEF #A11665618

SEF logo

Recently listed in Miami Beach