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$11,500,000

Beds
4
Baths
2.0
sq ft
2,389

5975 N Bayshore Dr, Miami, FL 33137

5975 N Bayshore Dr

Miami, FL 33137

  • 49 days on market
Discover the perfect canvas to create your dream home with unparalleled wide open bay views in one of Miami's most sought-after neighborhoods. Located in the gated community of Morningside, this waterfront estate spans an impressive 29,300 square feet, featuring 100 feet of direct water frontage on the open bay. Prepare to captivated by stunning sunrises and the gentle breezes that define waterfront living. This prime location offers the perfect blend of tranquility and accessibility. Just minutes from the renowned Design District, luxury shopping, fine dining, and sports venues.

Details

Property type

Single Family Residence

Est. home value

$7,198,073

Lot size

0.67 acres

Price per sq ft

$4,814

Year built

1950

Annual property taxes

$101,978

Price History

08/13/2024
SEF

SEF #A11640784

Listed
$11,500,000
+4.59%
07/11/2024
SEF

SEF #A11416455

Removed
$10,995,000
04/23/2024
SEF

SEF #A11416455

Price change
$10,995,000
-7.61%

Schools & Community

Neighborhood: 

Upper Eastside

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

Champions Funding Llc

Loan start date

March 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial, 30 year

Seller

5975 North Bayshore Llc

Lender

Champions Funding Llc

Loan start date

March 2022

Original loan amount

$3,000,000

Est. remaining balance

Not provided

Interest rate

3.55%

Loan type

Commercial, 30 year

Seller

5975 North Bayshore 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: 10/01/2024 at 9:40 AM

Listing updated: 09/30/2024 at 4:59 PM

Listed by: Joel Lusky, The Brokerage South Florida Real Estate, LLC. Phone #: (786) 509-6846

MLS: SEF #A11640784

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