StatusAccepting Backup Offers (Active Under Contract)
About 1031 N Shore Dr
Introducing 1031 North Shore Drive. An impressive waterfront residence on Normandy Island in Miami Beach. This expansive home features 5 bedrooms and 3.5 bathrooms, covering 4,295 sf on 12,410 sf lot. Enjoy stunning, unobstructed bay views and, with no fixed bridges, easy access to the ocean. Experience the best of waterfront living with this exceptional property.
Property Details
Property Features
Property Information:
Architectural Style: Two Story
Year Built: 1950
Stories: 2
Living Area: 4,351 SqFt
Listing Office:
Office Name: Compass Florida, LLC
Office Phone: (305) 851-2820
Listing Agent: Micael Machado
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Flooring Type: Marble, Tile, Vinyl
Interior: Built-in Features, Bedroom on Main Level, First Floor Entry, Handicap Access, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$39.8K
Per Month
Principal & Interest
$39.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$23.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school0.88 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.10 miles
Public District Grades PK-5
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school1.91 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school1.54 miles
Public Charter Grades KG-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.11 miles
Public District Grades 6-8
4
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school3.64 miles
Public Magnet Grades 6-8
Nearby Schools
3
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school3.56 miles
Public Magnet Grades 9-12
1
/10
Dr. Marvin Dunn Academy for Community Education.
8950 NW 2nd Ave
Distance between this listing and this school3.61 miles
Public District Grades 9-12
10
/10
Mast@Fiu
3000 NE 151st St
Distance between this listing and this school3.66 miles
The neighbors living near this home have an average income of $76,958. Residents of Miami Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1031 N Shore Dr
What is the listing price of this property?
The listing price of 1031 N Shore Dr property is $7,970,000.
What type of property is this?
The property 1031 N Shore Dr is a house located in Miami Beach, Florida, 33141.
Is this property for sale now?
Accepting Backup Offers: 1031 N Shore Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $20,902 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1031 N Shore Dr has 5 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 1031 N Shore Dr is 4,351 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1031 N Shore Dr is 1950.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1031 N Shore Dr in Miami Beach, FL and zip code 33141 in the Normandy Shores neighborhood. This 4,351 square foot home was built in 1950. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 16, 2024 and is currently priced at $7,970,000.
While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Live Theatre
Live Theatre
Hiking/backpacking
Men's Tennis
Bloomingdales
Nordstrom Rack
Banana Republic
Boston Market
Starbucks
The Cheesecake Factory
Mercedes
Audi
Volvo
News
Alternative
Jazz