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1031 N Shore Dr, Miami Beach, FL, 33141

$7,970,000

5 Bedrooms
3 Full Baths
4,351 SqFt
$1,832/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Covered, Garage
Attached Garage6 spaces
Year Built1950
HeatingElectric
CoolingCentral Air
WaterfrontOcean Front
ViewOcean, Pool
MLS #A11642194
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)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean, Pool
  • Exterior: Balcony, Fence, Security/High Impact Doors, Lighting, Porch

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Attached, Circular Driveway, Covered, Garage

Virtual/3D Tour

  • Virtual Tour: 1031 N Shore Dr
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,970,000
  • Price Per SqFt: $1,832/SqFt

Tax Information:

  • Annual Amount: $20,902
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

1031 N Shore Dr vs Miami Beach

98 DAYS ON ROCKET

-3 Days

$7,970,000

+$7.3M More

$1,832/SqFt

+$1.2K More

KEY TAKEAWAY

This property is $7.3M more than the Median Sold Price and $1.2K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11642194

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Micael Machado

IDX © 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$20,902$1,116,189
2018$20,195$1,070,750
2017$20,149$1,048,727

History based on county public records data.

Payment Calculator

$39.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.9K

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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.

Nearby Schools

school-card-donut-406211
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-406212
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-406213
10
/10
  • Ruth K. Broad/Bay Harbor K-8 Center

  • 1155 93rd St

  • 1.91 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,958. Typical income of Miami Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

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.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331411031 N Shore Dr

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.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. The number of homes for sale in Miami Beach, FL increased by 15.1% between September 2024 and October 2024. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.

From Rocket Homes Real Estate and based on county public records data.

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