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$11,750,000

Beds
9
Baths
11.5
sq ft
7,335

1740 S Bayshore Ln, Miami, FL 33133

1740 S Bayshore Ln

Miami, FL 33133

  • <1 day on market
Situated peacefully on a point corner-lot in Miami’s sought-after North Coconut Grove neighborhood, this waterfront property is the ultimate opportunity to build or renovate the existing 8BR/10+1BA home into your dream estate. 139’ of pristine water frontage allows for direct ocean access, along with breathtaking unobstructed views of Biscayne Bay & Key Biscayne, out to the Atlantic Ocean. The existing 7,335 sqft. home features tons of natural sunlight, hurricane impact windows & doors, a 2-car garage, space for an elevator, private dock with boat lift, and is generator-ready. Additionally, a private 1BR/1BA guest house is situated on the property with its own kitchen. Amazing location minutes to the village of Coconut Grove full of shops and award-winning restaurants. Easy I-95 access.

Details

Property type

Single Family Residence

Est. home value

$16,268,114

Lot size

0.28 acres

Price per sq ft

$1,602

Year built

1990

Annual property taxes

$54,035

Price History

02/03/2025
SEF

SEF #A11738011

Listed
$11,750,000
-9.61%
10/23/2024
SEF

SEF #A11479196

Removed
$12,999,000
05/13/2024
SEF

SEF #A11479196

Price change
$12,999,000
-0.01%

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

Suntrust Mortgage Inc

Loan start date

August 2007

Original loan amount

$2,785,600

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Jolly Varki and Vijay G Varki

Lender

Suntrust Mortgage Inc

Loan start date

August 2007

Original loan amount

$2,785,600

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Jolly Varki and Vijay G Varki

Lender

Suntrust Bank

Loan start date

November 2006

Original loan amount

$1,085,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Stand Alone Second, 20 year

Seller

Vijay G Varki and Jolly Varki

Lender

Suntrust Bank

Loan start date

November 2006

Original loan amount

$1,085,000

Est. remaining balance

Not provided

Interest rate

6.37%

Loan type

Stand Alone Second, 20 year

Seller

Vijay G Varki and Jolly Varki

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: 02/05/2025 at 9:00 AM

Listing updated: 02/04/2025 at 3:05 PM

Listed by: Felise Eber, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11738011

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