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$4,995,999

Beds
5
Baths
5.5
sq ft
2,842

1311 Bay Dr, Miami Beach, FL 33141

1311 Bay Dr

Miami Beach, FL 33141

  • 72 days on market
    • Price drop $3,001↓
Beautiful ultra-modern home in exclusive Normandy Isles offers an unparalleled blend of luxurious waterfront living and welcoming tranquility. Nestled within the vibrant energy of Miami Beach, this enclave is surrounded by pristine waters of Biscayne Bay, providing residents with stunning views, direct access to boating, and the serenity of island-style living. The neighborhood's walkable layout, parks, and golf course make it perfect for families and outdoor enthusiasts. Its proximity to world-class dining, shopping, and the cultural hotspots of South Beach ensure you're never far from the action while still enjoying a tranquil residential vibe. For those seeking a lifestyle that balances luxury, convenience, and relaxation, it's a destination that truly feels like home. Seller financing.

Details

Property type

Single Family Residence

Est. home value

$4,045,008

Lot size

7,239 sq ft

Price per sq ft

$1,758

Year built

2021

Annual property taxes

$57,576

HOA

Yes

Price History

04/01/2025
SEF

SEF #A11728001

Price change
$4,995,999
-0.06%
01/19/2025
SEF

SEF #A11728001

Listed
$4,999,000
+43.24%
07/17/2024
SEF

SEF #A11583126

Removed
$3,490,000

Schools & Community

Neighborhood: 

Isle of Normandy

Elementary school: 

Treasure Island

Middle school: 

Nautilus

High school: 

Miami Beach

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

A&D Mortgage Llc

Loan start date

July 2022

Original loan amount

$1,850,000

Est. remaining balance

$1,777,030

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Foschiatti Rentals Llc

Lender

A&D Mortgage Llc

Loan start date

July 2022

Original loan amount

$1,850,000

Est. remaining balance

$1,777,030

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Foschiatti Rentals Llc

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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Status: Active

Tomo last checked: 04/01/2025 at 9:20 PM

Listing updated: 04/01/2025 at 1:11 PM

Listed by: Natalia Novikova, Brokers, LLC Phone #: (954) 384-1616

MLS: SEF #A11728001

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