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955 79TH TERRACE

For Sale
$1,500,000

BTC: 22.55639098

ETH: 788.37825337

New
6 bds
4 ba
2,728 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1997
Lot:
0.13 Acres
Heating:
Central
Price/sqft:
$550
Cooling:
Central Air / Mini-Split Unit(s) / Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,795,000
$1.2M – $2.1M
Confidence Low
List vs. estimate
$295K below estimate
List $1,500,000 · -16.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$549
-10.6% vs. city median $615
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $529K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,694
2025
View
City, Water
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    • Mini-Split Unit(s)

    • Wall/Window Unit(s)

    Appliances

    • Dryer

    • Exhaust Fan

    • Microwave

    • Range

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Primary Bedroom Main Floor

    Bedrooms and bathrooms

    • Bedrooms: 6

    • Full bathrooms: 4

  • Property

    • Levels: One

    • Exterior Features: French Doors / Outdoor Grill / Outdoor Shower / Private Mailbox / Sidewalk / Storage

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 0232020080410

    • Zoning: RM-1-MULT

  • Type and style

    • Property Type: Residential

    • Property Sub Type: 1/2 Duplex

  • Utility

    • Cable Connected

    • Electricity Connected

    • Sewer Connected

    • Water Connected

  • Other financial information

    • Annual tax amount: $3,695

  • Source details

    • MLS ID: OM728829

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Slab

    • Laundry Features: Common Area / Laundry Chute / Washer Hookup

    • Patio And Porch Features: Covered / Front Porch / Patio / Porch

    • Window Features: Storm Window(s)

    • Direction Faces: South

    • Living Area: 2728

    • Water Source: Public

    • Subdivision Name: BISCAYNE BCH SUB

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC