955 79TH TERRACE, MIAMI BEACH, FL, 33141
Active2 days on marketListed Jul 21, 2026MLS #OM728829
About this home
955 79TH TERRACE
Excellent Location – Exceptional Investment Opportunity Discover an excellent investment opportunity or the ideal option to live in one unit while generating income from the other to help cover the mortgage payment. This spacious duplex offers 2,728 square feet of construction, with a total of 6 bedrooms and 4 bathrooms, feature ceramic tile flooring throughout and a large terrace, perfect for enjoying the Miami lifestyle. Located in one of the most convenient and sought-after areas of Miami Beach, this multifamily property is just minutes from restaurants, shopping centers, supermarkets, pharmacies, hospitals, schools, and a wide variety of recreational and entertainment options. Enjoy easy access to the beaches, Normandy Shores Island, Indian Creek Island, Newport Fishing Pier, Haulover Beach, Miami Beach Botanical Garden, North Shore Park, and The Bass Museum, as well as bike paths and spectacular views of multimillion-dollar waterfront homes. This property has no HOA and no rental restrictions, making it an exceptional opportunity for investors looking to maximize income potential. It offers private parking for three vehicles, a perimeter security camera system, HVAC installed in 2023, a water heater from 2011, and a roof completely replaced in 2026, providing peace of mind and lower maintenance costs. Whether you are looking for an investment property or a home that allows you to generate additional income, this duplex combines location, versatility, and excellent appreciation potential. Schedule your private showing and discover everything this magnificent property has to offer!
Facts & features
The home at a glance
6
Bedrooms
4
Bathrooms
2,728
Sqft
0.13 ac
Lot size
1997
Year built
One
Levels
$550
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$9,124 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$9,124/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Biscayne Point
Get to know Miami Beach. See the full Miami Beach guide →
Biscayne Point — neighborhood snapshot
Population
4,470
Median age
39
Median income
$100,673
Median home value
$759,450
Avg household
2
Households w/ children
588
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$1.0M → $8.7M
Miami Beach median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 840% above the MIAMI BEACH 33141 median. See the full Miami Beach market guide →
Paper trail
This home's history
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 955 79TH TERRACE — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 955 79TH TERRACE — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Straight answers
955 79TH TERRACE FAQs
What would the monthly payment be for 955 79TH TERRACE?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,124/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 955 79TH TERRACE?+
The most recent tax bill on record (2025) was $3,695. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $1,500,000, this home is listed about 51% above the Miami Beach median of $995,000. The market section on this page shows how the area is trending.
Which schools are assigned to 955 79TH TERRACE?+
Biscayne Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,500,000 runs 840% above the MIAMI BEACH 33141 median — but at 2,728 sqft it's also nearly twice the size of the typical Miami Beach listing.
02City & Water views
The city and water view is part of what you're buying — views hold value independently of the structure.
03Fresh on the market
Only 2 days on market in a Miami Beach market that averages 80 — if it fits, move quickly.
Listing courtesy of LPT REALTY, LLC · Rosario Cornman. MLS #OM728829.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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