by RH Advisors

See Home Value
$8,500,000
House - Off Market

2440 N Shore Ter

Miami Beach, FL 33141
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3350 Sqft
$42,705
Estimated Monthly
$0
HOA / Fees
1.56%
Cap Rate

About This Property

Beautiful waterfront estate with stunning westerly open bay views in gated Normandy Shore. This home is nestled on a peaceful cul-de-sac adjacent to Normandy Shores Golf Club, tennis, basketball courts, & parks. Featuring floor-to-ceiling hurricane impact glass windows, custom kitchen & closets by Mia Cucina, Miele & SubZero appliances, an expansive primary suite, and full-home generator. Seamless indoor/outdoor living with a massive double-width dock, boat & jet ski lifts, a swimming pool, & a two story tiki hut with a covered summer kitchen & bar. Home includes plans for a garage & can be converted back to 4 bedrooms. Normandy Shores is just minutes to world-class dining, shopping, and entertainment in Miami & Miami Beach, & is the site of many upcoming revolutionary developments.
Unit Size
3,350Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$2,537
Property Type
House
Property Taxes
$968
HOA Dues
-
Year Built
1954
Last updated: 4 months ago (Miami MLS #A11469218)

Price History

Date / Event Date Event Price
Jan 9, 2024 No longer available -
No longer available
Dec 16, 2023 Price Decreased $8,500,000
↓ $500K (5.6%)
Price Decreased
Oct 17, 2023 Listed by The Corcoran Group $9,000,000
Listed by The Corcoran Group
Sep 27, 2023 No longer available -
No longer available
Aug 25, 2023 Listed by Douglas Elliman $10,990,000
Listed by Douglas Elliman
One-of-a-kind waterfront masterpiece! This unique home sits on a cul-de-sac on Normandy Shores exclusive gated community, w/ Normandy Shores Golf Club, Tennis, Basketball Courts, and Parks. Nestled on the Island's Terrace, shares w/only 6 residences breathtaking open bay views and sunsets. Built in 2015, this 3,350 SQ FT eccentric home features 4 bed/4 bath, open living and dining, state-of-the-art kitchen, and more. The home's Zen vibe begins as you step through a bamboo garden, 30 ft…
Show More

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 120
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,906
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,503
  • Gross Building Area: 2,503
  • Building Area: 2,263
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,263
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDY GOLF COURSE
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORMANDY GOLF COURSE PB 55-95 N61FT LOT 17 LOT SIZE 61.000 X 146 OR 19968-2645 09 2001 5 COC 21982-2641 08 2003 4

Ownership

  • Current Owner : VAZQUEZ DAMARYS
  • Current Owner 2: THE DAMARYS VAZQUEZ REVOCABLE TRUST
  • Previous Owner : INNOVA INVESTMENT LLC
  • Owner Before Previous Owner: BONNER JAMES R
  • Owner Before Previous Owner 2: WHEELOCK STEPHEN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003916

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 170
  • District: 02
  • Parcel: 02-3209-007-0170
  • Lot: 17
  • Meridian: SEC 09 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8551
  • Longitude: -80.1456

    Address

  • Full Address: 2440 N Shore Ter
  • Address - House Number: 2440
  • Street Direction: N
  • Address - Street Name: Shore
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C018
  • 4-Digit Zip Code: 2448
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 2,383
  • Tax Year: 2023
  • Tax Amount: $11,983
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 5,279,240
  • High Value: 6,233,293
  • Low Value: 4,325,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,520,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 04, 2021
  • First Open Lien Mortgage Loan Amount: $1,520,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $4,040,118
  • Market Land Value: $3,695,744
  • Market Improvement Value: $344,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $648,467

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2010
  • Current Sale Recording Date: May 27, 2010
  • Current Sale Transaction ID: 1107915343
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010R0356273
  • Previous Sale Recording Date: May 19, 2010
  • Previous Sale Contract Date: May 11, 2010
  • Previous Sale Amount: $640,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SARAH DRUCKER ETAL
  • First Mortgage Transaction Date: May 27, 2010
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First

    Financing

  • First Mortgage Financing Type: Unknown



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
5 Baths
2,906 ft²
$2,340/ft²
$6,800,000 Aug 22, 2023
$6,800,000 Sep 29, 2023
$1,164/mo
Condo
5 Beds
6 Baths
5,106 ft²
$1,351/ft²
$6,900,000 Aug 31, 2023
$6,900,000 Sep 29, 2023
$6,158/mo
House
4 Beds
4 Baths
3,625 ft²
$2,607/ft²
$9,450,000 Sep 8, 2023
-
$3,463/mo
House
6 Beds
5 Baths
2,522 ft²
$3,370/ft²
$8,500,000 Oct 11, 2023
-
$819/mo
House
5 Beds
3 Baths
4,386 ft²
$2,200/ft²
$9,650,000 Jul 21, 2023
-
$4,721/mo
House
5 Beds
6 Baths
5,239 ft²
$1,508/ft²
$7,900,000 Jul 14, 2023
-
$9,583/mo
House
5 Beds
5 Baths
5,627 ft²
$1,280/ft²
$7,200,000 Apr 1, 2023
-
$4,829/mo
Land
Loft
-
-
$7,490,000 Jun 2, 2023
-
$2,941/mo

About Normandy Shores


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Frequently Asked Questions

When was property at 2440 North Shore Terrace built and last sold?
The property at 2440 North Shore Terrace was built in 1954 and last sold on May 12, 2010 for $690,000.
How much is this home worth?
The estimated value of the home located at 2440 North Shore Terrace is $8,746,575.
What are some comparable homes to 2440 North Shore Terrace?
There are currently no comparable homes to 2440 North Shore Terrace.

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