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$3,490,000

Beds
5
Baths
5.5
sq ft
2,842

1311 Bay Dr, Miami Beach, FL 33141

1311 Bay Dr

Miami Beach, FL 33141

  • 57 days on market
    • Price drop $209,000↓
FURNISHED NEW CONSTRUCTION finished in 2022, Miami Beach masterpiece nestled on prestigious Bay Dr. No expenses spared, with 5 beds & 5.5 baths of seamless living, spread across 2 stories. Concrete block construction, Loaded w/energy efficient & sustainable features such as high elevation, double-pane impact windows, high-efficiency AC, LED lighting, induction cooktop & more. This fully automated smart home has state of the art security, technology & finishes including: Sonos indoor-outdoor entertainment, security & surveillance, Bosch appliances, Italian doors & kitchen by Nobilia. An entertainer's dream home with expansive terrace on 2nd level. Fully furnished allowing for turnkey experience, just bring your toothbrush!

Details

Property type

Single Family Residence

Est. home value

$4,045,008

Lot size

7,239 sq ft

Price per sq ft

$1,229

Year built

2021

Annual property taxes

$54,993

Price History

06/08/2024
SEF

SEF #A11583126

Price change
$3,490,000
-5.65%
05/17/2024
SEF

SEF #A11583126

Listed
$3,699,000
05/08/2024
SEF

SEF #A11583126

Removed
$3,699,000

Schools & Community

Neighborhood: 

Isle of Normandy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

$1,798,589

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

$1,798,589

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: 07/03/2024 at 3:25 PM

Listing updated: 07/01/2024 at 8:43 PM

Listed by: Aminata Toure, LPT Realty Phone #: (877) 366-2213

MLS: SEF #A11583126

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