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515 North Shore Drive

515 North Shore Drive, Miami Beach, FL 33141
Property in Normandy Shores
Sold Mar 09, 2016
$1,825,000
$1,460,000 by City National Bank
Mortgage Due Apr 01, 2046
Sold Jun 04, 2003
$660,000
$528,000 by Washington Mutual Bank Fa
Mortgage Due Jun 01, 2033
Local assessors in Miami Beach, FL have categorized 515 North Shore Drive as a residential type of property. The home was built in 1952 and is 72 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 10,200 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 6 full bathrooms. There are also 6 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 515 North Shore Drive has a total of 2,335 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. The building has a gable or hip style roof that was made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 515 North Shore Drive sold most recently in Mar 8, 2016 for a total of $1,825,000. If you work out the math, that's approximately a cost of $590.81 per sqft. Before that, the property was also sold for $660,000 in May 6, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $41,053 in taxes each year. 515 North Shore Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,718,483. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2005
  • Building Count: 3
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,200
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,089
  • Gross Building Area: 3,089
  • Building Area: 2,335
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,335
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDY GOLF COURSE SUB
  • Land Acres: 0.234
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORMANDY GOLF COURSE SUB PB 44-62 LOT 17 BLK 61 LOT SIZE 60.000 X 170 OR 21307-1473 052003 1

Ownership

  • Current Owner : ROSEN JONATHAN
  • Previous Owner : AHR PAUL R
  • Previous Owner 2: FORDE PATRICIA A
  • Owner Before Previous Owner: WHEELOCK STEPHEN B
  • Owner Before Previous Owner 2: BONNER JAMES R
  • 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: 0800

Geography

  • Assessors Map Reference: 165
  • District: 02
  • Parcel: 02-3203-007-2790
  • Block: 61
  • Lot: 17
  • Meridian: SEC 03 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8612
  • Longitude: -80.136

    Address

  • Full Address: 515 N Shore Dr
  • Address - House Number: 515
  • Street Direction: N
  • Address - Street Name: Shore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C018
  • 4-Digit Zip Code: 2431
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 2,937
  • Tax Year: 2023
  • Tax Amount: $41,053
  • Tax Rate Code Area: 201

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,788,529
  • High Value: 4,473,185
  • Low Value: 3,103,874

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,460,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 09, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $2,781,923
  • Market Land Value: $2,447,940
  • Market Improvement Value: $333,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,718,483

    Sales

  • Current Sale Contract Date: Mar 08, 2016
  • Current Sale Recording Date: Mar 09, 2016
  • Current Sale Transaction ID: 1473912494
  • Current Sale Price: $1,825,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R0145224
  • Previous Sale Recording Date: Jun 04, 2003
  • Previous Sale Contract Date: May 06, 2003
  • Previous Sale Amount: $660,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Mar 09, 2016
  • First Mortgage Loan Amount: $1,460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 04, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $528,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About Normandy Shores



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Frequently Asked Questions

What neighborhood is 515 North Shore Drive located in?
The 515 North Shore Drive is a located in the neighborhood of Normandy Shores in Normandy Shores, Miami Beach.
What is the average sales price for listings in 515 North Shore Drive?
The average sales price for units in 515 North Shore Drive is $0 currently.

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