Active · Condominium
$1,995,000
187/4 N Shore Dr 4, Miami Beach, FL 33141
- Beds
- 4
- Baths
- 5
- Living area
- 2,682 sq ft
- $ / sq ft
- $744/sq ft
- Year built
- 2006
- Lot size
- —
- HOA fee
- $857 Monthly
- Annual tax
- $10,441
About this property
Rare waterfront living in the prestigious, boutique gated enclave of Avanti on coveted Normandy Island. Spanning 4 expansive levels, this 4-bedroom, 4.5-bathroom waterfront townhouse delivers the ultimate coastal lifestyle with sweeping water and open bay views. Fully remodeled one year ago with designer finishes throughout, the home also features a brand-new roof for absolute peace of mind. Sun-drenched interiors showcase an open-concept layout framing tranquil water vistas. The chef’s kitchen is equipped with custom cabinetry, premium appliances, and a central island built for entertaining. All bedrooms are en-suite, headlined by a lavish top-floor primary retreat offering private panoramic bay vistas. Boaters will appreciate the ability to rent a dock on-site, providing effortless access to Biscayne Bay and the Atlantic Ocean. Situated in one of Miami Beach’s most vibrant, rapidly emerging island enclaves, Avanti places you just moments from Normandy Shores Golf Club, neighborhood parks, and tennis courts, and minutes to Atlantic beaches, dining, and shops.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Electric Water Heater
- Ice Maker
- Microwave
- Refrigerator
- Self Cleaning Oven
- Wine Cooler
Cooling
- Central Air
- Ceiling Fans
- Electric
Heating
- Electric
Views
- Bay
- Intercoastal
- Water
Waterfront
- Bayfront
- Navigable Water
- No Fixed Bridges
- Ocean Access
Parking
- Covered
- On Street
- Garage Door Opener
Interior features
- Bedroom On Main Level
- First Floor Entry
Exterior features
- Balcony
- Security High Impact Doors
Pool
- Association
- Heated
Flooring
- Ceramic Tile
- Hardwood
- Wood
construction
- Block
security
- Closed Circuit Cameras
- Complex Fenced
- Phone Entry
- Smoke Detectors
association_amenities
- Boat Dock
- Marina
- Pier
- Pool
association_fee_includes
- Amenities
- Common Areas
- Maintenance Structure
- Parking
- Pools
- Reserve Fund
- Sewer
- Trash
- Water
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$3,066
- Cap rate
- 3.8%
- Net yield
- 3.8%
- Cash-on-cash return
- -6.6%
- Gross yield
- 6.2%
- Mortgage payment
- $9,457/mo
- Down payment
- $498,750
- Loan amount
- $1,496,250
- Annual NOI
- $76,701
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.