tomo logo

$1,945,000

Beds
5
Baths
3.5
sq ft
3,163

1567 Bay Dr, Miami Beach, FL 33141

1567 Bay Dr

Miami Beach, FL 33141

  • 120 days on market
    • Price drop $50,000↓
Incredible charming, two story Classic Mediterranean Home ready to move in. Unique and beautiful architectural details like Pecky Cypress wood ceiling, original Spanish tile and French oak wood Floors. Expansive living spaces with a great layout. Impact windows & doors throughout. It also features a separate 1Bed/1bath & Full Kitchen guest house perfect for visiting family and friends. Updated electric and plumbing. Large gas heated recently renovated pool. Custom Outdoor BBQ & eating area. Lush tropical deck and manicured floral garden great for entertainment and relaxation. Located in prestigious and secluded Bay Drive in Normandy Is. Walking distance to the beach.

Details

Property type

Single Family Residence

Est. home value

$1,953,143

Lot size

7,585 sq ft

Price per sq ft

$615

Year built

1930

Annual property taxes

$15,318

Price History

10/06/2024
SEF

SEF #A11619412

Price change
$1,945,000
-2.51%
09/08/2024
SEF

SEF #A11619412

Price change
$1,995,000
-3.86%
08/10/2024
SEF

SEF #A11619412

Price change
$2,075,000
-3.49%

Schools & Community

Neighborhood: 

Isle of Normandy

Elementary school: 

Treasure Island

Middle school: 

Nautilus

High school: 

Miami Senior

Community features: 

Pool, Clubhouse, 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

Washington Mutual Bank

Loan start date

February 2007

Original loan amount

$179,800

Est. remaining balance

Not provided

Interest rate

6.02%

Loan type

Credit Line (Revolving), 20 year

Seller

Paulo Correa

Lender

Washington Mutual Bank

Loan start date

February 2007

Original loan amount

$179,800

Est. remaining balance

Not provided

Interest rate

6.02%

Loan type

Credit Line (Revolving), 20 year

Seller

Paulo Correa

Lender

Washington Mutual Bank Fa

Loan start date

January 2007

Original loan amount

$1,440,000

Est. remaining balance

Not provided

Interest rate

8.3823%

Loan type

Not Provided, 30 year

Seller

Paulo Roberto Correa

Lender

Washington Mutual Bank Fa

Loan start date

January 2007

Original loan amount

$1,440,000

Est. remaining balance

Not provided

Interest rate

8.3823%

Loan type

Not Provided, 30 year

Seller

Paulo Roberto Correa

Lender

Peoples Choice Home Loan Inc

Loan start date

October 2003

Original loan amount

$578,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

New Conventional

Seller

Paulo R Correa

Lender

Peoples Choice Home Loan Inc

Loan start date

October 2003

Original loan amount

$578,000

Est. remaining balance

Not provided

Interest rate

6.28%

Loan type

New Conventional

Seller

Paulo R Correa

Lender

Bank One Na

Loan start date

June 2003

Original loan amount

$181,900

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

Lender

Bank One Na

Loan start date

June 2003

Original loan amount

$181,900

Est. remaining balance

Not provided

Interest rate

5.82%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

Lender

Bankone

Loan start date

November 2002

Original loan amount

$81,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

Lender

Bankone

Loan start date

November 2002

Original loan amount

$81,000

Est. remaining balance

Not provided

Interest rate

6.05%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

Lender

First Union National Bank

Loan start date

September 2001

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

Lender

First Union National Bank

Loan start date

September 2001

Original loan amount

$25,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Credit Line (Revolving)

Seller

Paulo Roberto Correa

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?

Similar Homes Nearby

Price drop
SEF
$2,190,000
4 bd
|
3 ba
|
2,970 sq ft
|
House

1556 71st St, Miami Beach, FL 33141

Price drop
SEF
$1,999,999
3 bd
|
3.5 ba
|
1,702 sq ft
|
Townhouse

830 Raymond St, Miami Beach, FL 33141

SEF
$1,975,000
3 bd
|
3.5 ba
|
2,508 sq ft
|
Townhouse

65 N Shore Dr Unit 31C, Miami Beach, FL 33141

Status: Active

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

Listing updated: 10/23/2024 at 3:05 PM

Listed by: Fernando Grodsinsky, Bricks International Realty, LLC Phone #: (305) 439-9201

MLS: SEF #A11619412

SEF logo