8 months on rocket

1940 S Bayshore Ln, Miami, FL, 33133

$19,495,000

5 Bedrooms
6 Full Baths
5,978 SqFt
$3,261/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Guest, Other, On Street
Garage3 spaces
Year Built1996
HeatingCentral
CoolingCentral Air
WaterfrontOcean Access, Ocean Front, Other
ViewOcean
MLS #A11556837
StatusActive

About 1940 S Bayshore Ln

Spectacular Mediterranean home with incredible unobstructed views of Biscayne Bay. This 2-story waterfront residence sits on 2 lots on a quiet street with a gated entrance in Coconut Grove. Features of this 6BR/5+2BA home include a chef's kitchen, two refrigerators & gas range, Viking & Subzero appliances, 2 large wine storage cabinets, custom millwork throughout the home, movie theater, detached 2-bed guest house, & 3-car garage. Outdoor highlights include brand new private dock, infinity pool, covered summer kitchen, and 70 ft of water frontage. Fully gated & walled, with neighborhood security patrol and only one immediate adjacent house, this property feels like a private compound. This is a must see, and will not last. Actual Sq ft: 7,521. By appointment only.

Property Details

Property Features

Property Information:

  • Architectural Style: Mediterranean, Two Story
  • Year Built: 1996
  • Stories: 2
  • Living Area: 5,978 SqFt

Listing Office:

  • Office Name: NTG Realty Group
  • Office Phone: (305) 761-9401
  • Listing Agent: Tarun Gajwani

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Disposal, Gas Range, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, First Floor Entry, Kitchen Island, Custom Mirrors, Pantry, Sitting Area in Primary, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Ocean Access, Ocean Front, Other
  • View: Ocean
  • Exterior: Awning(s), Balcony, Barbecue, Security/High Impact Doors, Lighting, Outdoor Grill, Storm/Security Shutters

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Covered, Driveway, Guest, Other, On Street

Virtual/3D Tour

  • Virtual Tour: 1940 S Bayshore Ln
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $19,495,000
  • Price Per SqFt: $3,261/SqFt

Tax Information:

  • Annual Amount: $115,333
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

1940 S Bayshore Ln vs Miami

259 DAYS ON ROCKET

+199 Days

$19,495,000

+$18.9M More

$3,261/SqFt

+$2.8K More

KEY TAKEAWAY

This property is $18.9M more than the Median Sold Price and $2.8K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11556837

Listing Office:

  • Office Name: NTG Realty Group
  • Office Phone: (305) 761-9401
  • Listing Agent: Tarun Gajwani

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: 12/18/2024, 11:20:52 AM 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$115,333$5,320,443
2018$108,979$5,106,342
2017$107,905$5,001,315

History based on county public records data.

Payment Calculator

$97.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$58.5K

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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-4515992
4
/10
  • Silver Bluff Elementary School

  • 2609 SW 25th Ave

  • 0.88 miles

  • Public District Grades PK-5

school-card-donut-4515993
10
/10
  • Coconut Grove Elementary School

  • 3351 Matilda St

  • 1.30 miles

  • Public District Grades PK-5

school-card-donut-4515994
7
/10
  • Coral Way K-8 Center

  • 1950 SW 13th Ave

  • 1.30 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,024. The most common annual income of people living in Miami, FL is $200k+. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1940 S Bayshore Ln

What is the listing price of this property?

The listing price of 1940 S Bayshore Ln property is $19,495,000.

What type of property is this?

The property 1940 S Bayshore Ln is a house located in Miami, Florida, 33133.

Is this property for sale now?

Active Listing: 1940 S Bayshore Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $115,333 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1940 S Bayshore Ln has 5 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1940 S Bayshore Ln is 5,978 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1940 S Bayshore Ln is 1996.
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Rocket HomesFloridaMiami-Dade CountyMiami331331940 S Bayshore Ln

This home is located at 1940 S Bayshore Ln in Miami, FL and zip code 33133 in the Coconut Grove neighborhood. This 5,978 square foot home was built in 1996. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $19,495,000.

Over 38 listings were sold over their listed price in November 2024 in Miami, FL. In the same period over 445 listings were sold below the listed price and 112 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 6.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

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

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