?? 825 85th St, Miami Beach, FL 33141 Welcome to a distinctive property nestled in the heart of Miami Beach. This townhouse-style multifamily residence offers a unique blend of spaciousness, comfort, and prime location. With 8 bedrooms and 6 bathrooms across two floors, this property is designed to accommodate a variety of lifestyles. Primary Land Use: Multifamily 2-9 Units Beds / Baths: 8 / 6 Floors: 2 Living Units: 4 Actual Area: 4,686 Sq.Ft Lot Size: 5,000 Sq.Ft Year Built: 1955 This property represents a rare opportunity to own a piece of Miami Beach real estate that combines classic charm with modern possibilities. For inquiries and to schedule a viewing, contact me today!
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,180
Per Month
Principal & Interest
$7,113
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,339
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.76 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school4.91 miles
Public District Grades 9-12
Assigned Schools
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
Nearby Schools
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school1.00 miles
Public District Grades PK-5
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school2.02 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.76 miles
Public District Grades 6-8
Nearby Schools
8
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school0.31 miles
Public Charter Grades KG-8
3
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school4.00 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school4.91 miles
Public District Grades 9-12
Nearby Schools
10
/10
Mast@Fiu
3000 NE 151st St
Distance between this listing and this school2.98 miles
Public District Grades 9-12
5
/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus
2601 NE 151st St
Distance between this listing and this school3.39 miles
The neighbors living near this home have an average income of $129,924. Residents of Miami Beach, FL typically earn $200k+ each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 825 85th St in Miami Beach, FL and zip code 33141 in the Biscayne Point neighborhood. This 4,686 square foot home was built in 1955. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $1,425,000.
Over 6 listings were sold over their listed price in March 2024 in Miami Beach, FL. In the same period over 118 listings were sold below the listed price and 12 listings were sold for the listed price. In March 2024 in Miami Beach, FL there were 8.6% more homes for sale than in February 2024. Listings spent 85 days on the market in March 2024, and had a median list price of $569,797 during the same period.
From Rocket Homes Real Estate and based on county public records data.