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$4,950,000

Beds
6
Baths
5.5
sq ft
5,647

1040 S Shore Dr, Miami Beach, FL 33141

1040 S Shore Dr

Miami Beach, FL 33141

  • 74 days on market
Your dream home awaits in Normandy Isles! Magnificent waterfront home in guard-gated community with no HOA fees, walking distance from the golf course and tennis. Stunning contemporary architecture, 2 story, this home features 6 BR, 5 1/2 BR, open flow living and dining room layout. White glass tile floor throughout, modern chef's kitchen with top of the line Thermador appliances, a magnificent wine room with glass walls. Hurricane impact windows and doors. A spacious 2nd floor master suite with direct views to the Bay, large walk-in closet and master bathroom. Private 60 food boat dock. This home is a must see!

Details

Property type

Single Family Residence

Est. home value

$5,396,834

Lot size

0.23 acres

Price per sq ft

$877

Year built

1950

Annual property taxes

$70,692

Price History

08/23/2024
SEF

SEF #A11650073

Listed
$4,950,000
+1.02%
07/15/2024
SEF

SEF #A11430440

Removed
$4,900,000
03/28/2024
SEF

SEF #A11430440

Price change
$4,900,000
-5.75%

Schools & Community

Neighborhood: 

Isle of Normandy

Elementary school: 

Treasure Island

Middle school: 

Nautilus

High school: 

Miami Beach

Community features: 

Gated, Golf, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pay At Close Loans Inc

Loan start date

June 2023

Original loan amount

$48,150

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Credit Line (Revolving), 2 year

Seller

Kiet Law

Lender

Pay At Close Loans Inc

Loan start date

June 2023

Original loan amount

$48,150

Est. remaining balance

Not provided

Interest rate

6.35%

Loan type

Credit Line (Revolving), 2 year

Seller

Kiet Law

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2022

Original loan amount

$2,940,000

Est. remaining balance

$2,856,131

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Kiet Law

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2022

Original loan amount

$2,940,000

Est. remaining balance

$2,856,131

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Kiet Law

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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970 S Shore Dr, Miami Beach, FL 33141

Status: Active

Tomo last checked: 11/05/2024 at 2:50 PM

Listing updated: 09/30/2024 at 5:20 PM

Listed by: Caterina Sastri, Compass Florida LLC Phone #: (305) 851-2820

MLS: SEF #A11650073

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