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$1,300,000

Beds
4
Baths
2.0
sq ft
1,630

1915 Normandy Dr, Miami Beach, FL 33141

1915 Normandy Dr

Miami Beach, FL 33141

  • 4 days on market
DEVELOPMENT OPPORTUNITY IN MIAMI BEACH – FULLY APPROVED PLANS FOR 6 UNITS! Unlock the value of this 6,250 SqFt RM-1 zoned lot in the heart of Normandy Isles. Delivered with fully approved architectural plans for a stunning 3-story, multifamily building featuring: • 3 x 3BR / 2BA • 3 x 2BR / 2BA All units include private roof terraces, a shared pool, and on-site parking. The existing home is a renovated 4BR / 2BA residence with two full kitchens and separate entrances, offering excellent rental income potential while preparing for construction. FAR 1.25 | Plans approved by the City of Miami Beach – ready to build Located just minutes from Normandy Fountain, shops, parks, restaurants, and public transit.

Details

Property type

Single Family Residence

Est. home value

$1,135,032

Lot size

6,250 sq ft

Price per sq ft

$798

Year built

1940

Annual property taxes

$12,458

Price History

03/24/2025
SEF

SEF #A11769591

Listed
$1,300,000
+4%
10/27/2024
SEF

SEF #A11478516

Removed
$1,250,000
10/26/2024
SEF

SEF #A11478516

Listed
$1,250,000

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

Bradesco Bac Florida Bank

Loan start date

November 2022

Original loan amount

$656,250

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

New Conventional, 30 year

Seller

Arviv Group Llc

Lender

Bradesco Bac Florida Bank

Loan start date

November 2022

Original loan amount

$656,250

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

New Conventional, 30 year

Seller

Arviv Group 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: 03/31/2025 at 8:15 AM

Listing updated: 03/26/2025 at 4:06 PM

Listed by: Yarin Dori, The Agency Real Estate Firm LLC Phone #: (305) 608-2915

MLS: SEF #A11769591

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