tomo logo

$12,250,000

Beds
Unknown
sq ft
10,384

1716 S Bayshore Dr, Miami, FL 33133

1716 S Bayshore Dr

Miami, FL 33133

  • 27 days on market
Seize this rare opportunity to own a premier waterfront estate in the heart of Coconut Grove, one of Miami’s most coveted neighborhoods. This exceptional offering includes 2 expansive lots totaling 31,000SF, boasting an impressive 160FT of direct water frontage with seamless access to the open bay and breathtaking panoramic views. The existing structure has been completely gutted and is uninhabitable, providing a blank canvas for your vision. Included in the sale are fully approved plans and permits, ensuring a streamlined path to creating a luxurious waterfront masterpiece. With its unparalleled size, prime location, and immense development potential, this is an extraordinary opportunity to craft your dream home. Don’t miss your chance to own a piece of Miami’s elite waterfront lifestyle.

Details

Property type

Single Family Residence

Est. home value

$8,713,080

Lot size

0.71 acres

Price per sq ft

$1,180

Year built

1926

Annual property taxes

$132,451

Price History

02/04/2025
SEF

SEF #A11737449

Listed
$12,250,000
+108.51%
04/18/2021
SEF

SEF #A10929750

Sold
$5,875,000

Schools & Community

Neighborhood: 

North-East Coconut Grove

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Jpmorgan Chase Bank Na

Loan start date

April 2021

Original loan amount

$4,500,000

Est. remaining balance

$4,122,326

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

514521 Llc

Lender

Jpmorgan Chase Bank Na

Loan start date

April 2021

Original loan amount

$4,500,000

Est. remaining balance

$4,122,326

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

514521 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?

Status: Active

Tomo last checked: 03/04/2025 at 1:00 AM

Listing updated: 02/19/2025 at 2:05 PM

Listed by: Daniel Hechtkopf, Douglas Elliman Phone #: (305) 695-6300

MLS: SEF #A11737449

SEF logo

Recently listed in Miami

$499,000|3 bd|2.0 ba|House
$499,000|3 bd|2.5 ba|Townhouse
$1,495,000|5 bd|3.0 ba|House
$1,590,000|4 bd|3.0 ba|House
$780,000|4 bd|2.5 ba|House
$850,000|4 bd|3.0 ba|House
$1,555,000|4 bd|3.5 ba|House
$1,200,000|3 bd|2.0 ba|House