See Home Value
$4,829,472*
House - Off Market

1870 Bay Dr

Miami Beach, FL 33141
bedrooms
6 Beds
bathrooms
6 Baths, 1 Half Bath
square feet
5888 Sqft
$2,700,000 - $3,298,000
Reference Base Price*
61.04%
Since Nov 1, 2020
FL-Miami
Primary Model
Sold Jan 07, 2021
$2,630,000
Buyer
Seller
$2,104,000 by Ocean Bank
Mortgage Due Dec 01, 2050

About This Property

Step inside this upgraded waterfront gem located in Normandy Isles. Offering 4,280 sq ft of prime waterfront Miami living. Completely remodeled in 2016, this home features 6 large bedrooms including a private upstairs master suite and wide open bright spaces perfect for entertaining. The modern kitchen includes granite countertops and stainless steel appliances. All rooms are brightly lit by natural lighting providing an airy and carefree lifestyle. Enjoy the sunsets setting over the Miami skyline from your heated pool and extended dock.

The manager has listed the unit size as 5888 square feet.
Unit Size
5,888Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$509
Property Type
House
Property Taxes
$1,688
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold to Paul Chavez $2,630,000
Sold to Paul Chavez
Oct 1, 2020 No longer available -
No longer available
Aug 13, 2020 Price Decreased $2,999,000
↓ $396K (11.7%)
Price Decreased
Jul 26, 2020 Listed $3,395,000
Listed

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 126
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 11,390
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 670
  • Total Building Area: 5,888
  • Gross Building Area: 5,888
  • Building Area: 4,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLE OF NORMANDY MIAMI VIEW
  • Land Acres: 0.262
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOT 1 LESS E10FT BLK 27 LOT SIZE 67.000 X 170 OR 19380-0600 11 2000 4

Ownership

  • Current Owner : CHAVEZ PAUL
  • Previous Owner : LAM JACINTO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003915

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 171
  • District: 02
  • Parcel: 02-3210-002-0010
  • Block: 27
  • Lot: 1
  • Meridian: SEC 10 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8494
  • Longitude: -80.1401

    Address

  • Full Address: 1870 Bay Dr
  • Address - House Number: 1870
  • Address - Street Name: Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 4708
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 4,817
  • Tax Year: 2023
  • Tax Amount: $41,491
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 5,430,391
  • High Value: 6,411,761
  • Low Value: 4,449,022

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,104,000
  • First Open Lien Mortgage Lender: OCEAN BANK
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Loan Amount: $2,104,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $4,601,341
  • Market Land Value: $3,701,951
  • Market Improvement Value: $899,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,236,801

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11813981620
  • Current Sale Price: $2,630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0010082

    Last Sale Mortgage

  • First Mortgage Lender: OCEAN BANK
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $2,104,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
2,673 ft²
$1,122/ft²
$3,000,000 Jul 7, 2023
$3,000,000 Dec 22, 2023
$348/mo
House
5 Beds
4 Baths
2,694 ft²
$1,037/ft²
$2,795,000 Nov 10, 2023
$2,795,000 Dec 4, 2023
$1,117/mo
House
7 Beds
4 Baths
3,203 ft²
$944/ft²
$3,025,000 May 14, 2023
$3,025,000 Dec 22, 2023
$535/mo
House
4 Beds
4 Baths
3,235 ft²
$773/ft²
$2,500,000 Oct 6, 2023
$2,500,000 Dec 4, 2023
$2,548/mo
House
4 Beds
4 Baths
2,258 ft²
$1,174/ft²
$2,650,000 Jun 28, 2023
$2,650,000 Nov 10, 2023
$1,458/mo
House
4 Beds
3 Baths
2,397 ft²
$1,252/ft²
$3,000,000 Jan 8, 2024
$3,000,000 Mar 1, 2024
-
House
5 Beds
4 Baths
2,761 ft²
$1,230/ft²
$3,395,000 Sep 28, 2023
-
$1,361/mo
House
5 Beds
3 Baths
2,264 ft²
$1,528/ft²
$3,459,000 Feb 8, 2024
-
$3,104/mo
House
4 Beds
3 Baths
2,970 ft²
$872/ft²
$2,590,000 Jul 20, 2023
-
$682/mo
House
4 Beds
4 Baths
3,077 ft²
$1,121/ft²
$3,450,000 Feb 12, 2024
-
$2,378/mo
House
3 Beds
2 Baths
2,284 ft²
$1,440/ft²
$3,290,000 Dec 6, 2023
-
$860/mo
House
3 Beds
4 Baths
2,527 ft²
$1,423/ft²
$3,595,000 Oct 3, 2023
-
$1,628/mo

About Normandy Isles


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Frequently Asked Questions

When was property at 1870 Bay Drive built and last sold?
The property at 1870 Bay Drive was built in 1951 and last sold on Nov 12, 2020 for $2,630,000.
How much is this home worth?
The estimated value of the home located at 1870 Bay Drive is $3,000,773.
What are some comparable homes to 1870 Bay Drive?
There are currently no comparable homes to 1870 Bay Drive.

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