535 N Shore Dr, Miami Beach, FL 33141 — MLS photo

Active · SingleFamilyResidence

$14,999,000

535 N Shore Dr, Miami Beach, FL 33141

Beds: 5
Baths: 7
Living area: 5,094 sq ft
$ / sq ft: $2,944/sq ft
Year built: 2026
Lot size: 10,200 sq ft
HOA fee: —
Annual tax: $55,665

About this property

Introducing an extraordinary waterfront sanctuary in Miami Beach’s exclusive Normandy Shores. This stunning residence features top-of-the-line Miele appliances, exquisite marble floors, and a striking illuminated marble vanity, all complemented by soaring high ceilings that fill the home with light and elegance. Enjoy a lifestyle of unmatched luxury with access to premier amenities, including a golf course, clubhouse, restaurant, outdoor gym, and tennis courts. With breathtaking open bay views and direct ocean access, this home is a dream for boating enthusiasts and lovers of waterfront living. Experience the pinnacle of Miami Beach luxury living.

Property location

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535 N Shore Dr, Miami Beach, FL 33141

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Facts & features

Interior

Bedrooms: 5
Bathrooms: 7
Living area: 5,094 sq ft
Flooring: Hardwood, Marble, Wood
Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Other
Cooling: Central Air
Heating: Central
Interior features: Built In Features, Bedroom On Main Level, Bathtub, First Floor Entry, Kitchen Island, Pantry, Upper Level Primary

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 2026
Lot size: 10,200 sq ft
Architectural style: Detached, Other, Two Story
Roof: Barrel
Exterior features: Outdoor Grill
Pool: Above Ground, Pool
Waterfront: No Fixed Bridges, Seawall
View: Bay

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Driveway, Other, Garage Door Opener

HOA, Community & Financials

Security: Gated Community
Annual tax: $55,665
Subdivision: NORMANDY GOLF COURSE
County: Miami-Dade
Days on market: 186
MLS listing ID: A11991150
Listing status: Active

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Estimated monthly cash flow

-$39,117

Cap rate: 2.6%
Net yield: 2.6%
Cash-on-cash return: -11.2%
Gross yield: 4.0%
Mortgage payment: $71,103/mo
Down payment: $3,749,750
Loan amount: $11,249,250
Annual NOI: $383,835

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.