Welcome to an unparalleled Bayfront Oasis at Biscayne Point. Situated on the point of the isle, this rare property boasts 105ft of unobstructed bay views and spectacular sunset vistas that illuminate this Mid-Century Modern masterpiece. Situated on one of Miami Beach’s most prestigious point lots, this residence harmoniously combines timeless architecture with an exceptional location. Exuding the essence of luxurious waterfront living, this home encompasses what it means to truly live the Miami lifestyle. A truly unique find, perfect for a discerning buyer seeking both privacy and postcard-perfect scenery. Capture this generational opportunity to purchase this home in addition to 7960 Biscayne Point next door for a combined 200ft+- of water frontage and 24,300+- sqft of private lot space!
Property Details
Property Features
Property Information:
Architectural Style: Two Story
Year Built: 1955
Stories: 2
Living Area: 3,228 SqFt
Listing Office:
Office Name: Compass Florida, LLC
Office Phone: (305) 400-9507
Listing Agent: Chad Carroll
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Water Heater, Disposal, Ice Maker
Flooring Type: Marble, Wood
Interior: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Family/Dining Room, First Floor Entry, Upper Level Primary, Central Vacuum
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$69.4K
Per Month
Principal & Interest
$69.3K
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
$41.7K
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 school1.03 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.36 miles
Public District Grades 6-8
High School
6
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school4.52 miles
Public District Grades 9-12
Assigned Schools
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.03 miles
Public District Grades PK-5
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.24 miles
Public District Grades PK-5
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school1.54 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.36 miles
Public District Grades 6-8
Nearby Schools
8
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school1.32 miles
Public Charter Grades KG-8
4
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school3.54 miles
Public Magnet Grades 6-8
Assigned Schools
6
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school4.52 miles
Public District Grades 9-12
Nearby Schools
10
/10
Mast@Fiu
3000 NE 151st St
Distance between this listing and this school3.31 miles
Public District Grades 9-12
4
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school3.43 miles
The neighbors living near this home have an average income of $129,924. Most Miami Beach, FL residents have annual incomes $200k+. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7950 Biscayne Point Cir
What is the listing price of this property?
The listing price of 7950 Biscayne Point Cir property is $13,900,000.
What type of property is this?
The property 7950 Biscayne Point Cir is a house located in Miami Beach, Florida, 33141.
Is this property for sale now?
Active Listing: 7950 Biscayne Point Cir is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7950 Biscayne Point Cir are: Biscayne Elementary School: GreatSchools Rating 6/10Nautilus Middle School: GreatSchools Rating 5/10Miami Beach Senior High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $52,997 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 7950 Biscayne Point Cir has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 7950 Biscayne Point Cir is 3,228 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7950 Biscayne Point Cir is 1955.
Interested in 7950 Biscayne Point Cir? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7950 Biscayne Point Cir in Miami Beach, FL and zip code 33141 in the Biscayne Point neighborhood. This 3,228 square foot home was built in 1955. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $13,900,000.
In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. Listings spent 101 days on the market in October 2024, and had a median list price of $604,583 during the same period.
From Rocket Homes Real Estate and based on county public records data.