950 79 TER, Miami Beach, FL 33141

950 79 TER, Miami Beach, FL 33141 is a 8-bedroom, 4-bathroom multifamily 2-9 units : multifamily 3 or more units built in 1946 with 4,958 square feet of living space on a 5,650 square foot lot. The property is currently owned by ALE PROPERTIES 950 LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-02-14 for $590,000, when MIGDALIA BORGES LE sold to ALE PROPERTIES 950 LLC. The property has appreciated $589,900 (589900%) since the prior sale of $100 on 2013-07-19. There are 3 recorded sales for this property.

The 2025 assessed value is $904,742 with a market value of $964,825. This breaks down to $508,500 for the land and $456,325 for the building. The assessed value increased 10% from $822,493 in 2024.

The median household income in this area is $58,318, and the median home value is $906,300. The population density is 14,200 people per square mile. 950 79 TER, Miami Beach, FL 33141 is located in Miami Beach, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2013 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 153% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $119 per square foot — a key metric for comparing value across Miami Beach's real estate market..