$16,000,000
SOLD NOV 25, 2024
5 Beds
6 Baths
5,395 Sq Ft
0.33 Acres

Recently Sold

$2,966 Per Sq Ft

12% Below List Price

45 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • Boat Lift
  • Deeded Boat Dock
  • Property fronts an intracoastal waterway
  • New Construction

About This Home

As of November 2024

Brand new, custom-built home in Miami Beach's exclusive Normandy Shores neighborhood! This contemporary residence offers 92 feet of waterfront, wide open bay views & direct ocean access. Your new home offers Miele appliances, Lutron Homeworks HQ system that centrally control lighting & shades throughout, a central vacuum system, a Sonos sound system, an air-conditioned garage, which also includes a 220V for your electrical vehicle, an elevator, an expansive wine cooler, outdoor shower, cabana bathroom, heated saltwater pool, and spa. Each bedroom offers a private outdoor patio/balcony. Normandy Shores includes 24/7 guard gate, 18-hole golf course, clubhouse & restaurant, 4 tennis courts, pickle ball, outdoor fitness, basketball, tennis, soccer sports field, party pavilion & a tot lot.

Last Agent to Sell the Property

Todd Nordstrom

Compass Florida, LLC. License #0618419 Listed on: 09/25/2024

Compass Florida, LLC.

Co-Listed By

John Bowes

LoKation License #3284743

Last Buyer's Agent

Roberto Quiroz

One Sotheby's International Re License #3574599

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,585

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.33 Acre Lot
  • 92 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • South Facing Home
  • Fenced
  • Property is zoned 0800

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Intracoastal
  • Bay

Home Design

  • Composition Roof

Interior Spaces

  • 5,395 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furniture for Sale
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • Heated In Ground Pool
  • Outdoor Shower
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Property has ocean access
  • Seawall
  • Boat Lift
  • Boat Hoist or Davit
  • Deeded Boat Dock
  • Balcony
  • Patio
  • Outdoor Grill
  • Porch

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-03-007-3610

Community Details

Overview

  • Voluntary home owners association
  • Normandy Golf Course Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,585

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2024
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: RALE02
  • Co List Office Phone: 954-545-5583
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Private Dock, Dock Owned/Included,Hoist/Davit,Private Dock
  • New Construction: Yes
  • Structure Type: House
  • Subdivision Name: NORMANDY GOLF COURSE
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Cooking Island, Elevator, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Marble
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 5395
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum, Elevator
  • Possible Use: Secondary
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Composition Roll
  • View: Bay, Intracoastal View, Water
  • Exterior Features: Built-In Grill, Open Balcony, Outdoor Shower
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Open Porch, Patio
  • Pool Features: Auto Pool Clean, In Ground, Equipment Stays, Heated, Pool/Spa Combo
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: NORMANDY GOLF COURSE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Electric Vehicle Charging Station(s)

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated, Clubhouse, Tennis Court(s), Gated Community, Golf Course Community, Voluntary Hoa
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 02-32-03-007-3610
  • Lot Size Sq Ft: 14193
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 40585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Nov 16, 2024
Sold by
Demmerle Stefan and Stefan Demmerle Revocable Trust
Bought by
Dvk Florida Llc
Seller's Agent
Todd Nordstrom
Compass Florida, LLC.
Buyer's Agent
Roberto Quiroz
One Sotheby's International Re
List Price
$18,100,000
Sold Price
$16,000,000
Premium/Discount to List
-$2,100,000
-11.6%
Total Days on Market
45
Views
62
Current Estimated Value
$16,110,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,380
Avg. Annual Appreciation
-35.27%

Purchase Details

Closed on
May 15, 2017
Sold by
Demmerle Stefan and Demmerle Susanne A
Bought by
Demmerle Stefan and Demmerle Susanne A

Purchase Details

Listed on
Jul 4, 2016
Closed on
Oct 18, 2016
Sold by
Paulo Llc
Bought by
Demmerle Stefan and Demmerle Susanne A
Seller's Agent
Brigitte Benichay
Rich Homes of Florida
Buyer's Agent
Todd Nordstrom
Compass Florida, LLC.
List Price
$3,250,000
Sold Price
$3,100,000
Premium/Discount to List
-$150,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.54%
Original Mortgage
$1,350,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2011
Sold by
Ifergane Alexandra
Bought by
Paulo Llc

Purchase Details

Closed on
Apr 6, 2006
Sold by
Ifergane Haim Michel and Ifergane Alexandra
Bought by
Ifergane Alexandra

Purchase Details

Closed on
Dec 16, 2004
Sold by
Hamaoui Nessim
Bought by
Ifergane Haim Michel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 20, 2002
Sold by
Distinti Barbara and Distinti Barbara Ann
Bought by
Hamaoui Nessim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.25%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Anthony J Distinti I
Bought by
Distinti Barbara

Purchase Details

Closed on
Dec 15, 1997
Sold by
Distinti Anthony J and Distinti Barbara
Bought by
Distinti Anthony J

Purchase Details

Closed on
Aug 2, 1994
Sold by
Distinti Barbara
Bought by
Distinti Anthony J and Distinti Barbara
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $16,000,000 Mg Title
Warranty Deed $16,000,000 Mg Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $3,100,000 Attorney
Warranty Deed $1,560,000 Sawgrass Title & Escrow Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,750,000 --
Warranty Deed $800,000 --
Personal Reps Deed -- --
Warranty Deed $100 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $4,000,000 Construction
Previous Owner $1,350,000 New Conventional
Previous Owner $1,100,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $560,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $16,000,000 -11.6% $2,966 / Sq Ft
11/09/2024 11/09/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $18,100,000 +483.9% $3,355 / Sq Ft
10/18/2016 10/18/16 Sold $3,100,000 -4.6% $1,269 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/04/2016 07/04/16 For Sale $3,250,000 0.0% $1,330 / Sq Ft
08/11/2014 08/11/14 Rented $8,000 -15.8% --
07/12/2014 07/12/14 Under Contract -- -- --
02/13/2014 02/13/14 For Rent $9,500 +35.7% --
04/02/2012 04/02/12 Rented $7,000 -12.5% --
04/02/2012 04/02/12 For Rent $8,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $127,772 $12,409,700 $6,528,614 $5,881,086
2024 $42,277 $6,528,921 $6,528,921 --
2023 $42,277 $2,182,828 $0 $0
2022 $41,055 $2,119,251 $0 $0
2021 $41,077 $2,057,526 $2,057,526 $0
2020 $43,919 $2,300,381 $2,270,406 $29,975
2019 $52,015 $2,616,858 $2,270,406 $346,452
2018 $50,622 $2,621,521 $2,270,406 $351,115
2017 $51,697 $2,626,185 $0 $0
2016 $37,990 $1,602,218 $0 $0
2015 $34,496 $1,456,562 $0 $0
2014 $29,098 $1,324,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11661833

MIAMI REALTORS® MLS

APN: 02-3203-007-3610