Seller's Agent in 2025
Giovanni Mancini
One Sotheby's International Realty
(305) 902-0819
1 in this area
19 Total Sales
1560 Bay Dr Miami Beach, FL 33141
Normandy Isle NeighborhoodEstimated Value: $4,367,582 - $4,675,000
4
Beds
3.5
Baths
4,385
Sq Ft
$1,031/Sq Ft
Est. Value
Highlights
- Private Dock
- Bay View
- Marble Flooring
- Up to 50-Foot Boat
- Waterfront
- 1-Story Property
About This Home
As of October 2025Make an offer, let's negotiate fair market value! Shovel Ready Development Opportunity. (6.5K Sq ft) ALL of the PERMITS have been APPROVED, all that is needed is ready for you to START BUILDING. You can sell the property for BIG PROFITS or custom finish for your dream home. Open bay waterfront with views of downtown Miami and La Gorce Island. South Facing Waterfront for Endless Summer light. Beautiful Design, Rooftop Terrace with Elevator. Spacious floor plan with thoughtful utility. Normandy Shore is strategically located between Miami and Miami Beach, is experiencing a period of significant revitalization and growth, characterized by numerous development projects and infrastructure improvements. This Revitalization is driven by over $2 billion in new development projects in the pipeline.
Last Agent to Sell the Property
One Sotheby's International Realty License #3464660 Listed on: 07/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,834
Year Built
- Built in 2025 | Under Construction
Lot Details
- 8,770 Sq Ft Lot
- Waterfront
- North Facing Home
- Property is zoned 0100
Parking
- 6 Car Garage
- Driveway
- Open Parking
Interior Spaces
- 4,385 Sq Ft Home
- 1-Story Property
- Marble Flooring
- Bay Views
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Up to 50-Foot Boat
- Private Dock
Schools
- Treasure Island Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Central Heating and Cooling System
Community Details
- Property has a Home Owners Association
- Isle Of Normandy Trouvill Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-10-001-1070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 27, 2026
Sold by
Vatsala Sharma
Bought by
1560 Bay Drive Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,542,992
Outstanding Balance
$6,214,088
Interest Rate
6.09%
Mortgage Type
Construction
Estimated Equity
-$1,693,192
Purchase Details
Listed on
Jul 23, 2025
Closed on
Oct 30, 2025
Sold by
Portilla Gerardo
Bought by
Sharma Vatsala
Seller's Agent
Giovanni Mancini
One Sotheby's International Realty
Buyer's Agent
Mina Taskiran
One Sotheby's International Realty
List Price
$6,000,000
Sold Price
$4,600,000
Premium/Discount to List
-$1,400,000
-23.33%
Views
48
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.55%
Original Mortgage
$3,680,000
Interest Rate
6.26%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 10, 2012
Closed on
Oct 1, 2012
Sold by
Huynh Peter and Hynh Christine
Bought by
Portilla Gerardo
Seller's Agent
Jack Coden
MMLS Assoc.-Inactive Member
Buyer's Agent
Lissette Cruz
Cruz International Realty Corp
List Price
$1,010,000
Sold Price
$1,010,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2008
Sold by
Denise Vohra Llc
Bought by
Huynh Peter and Huynh Christine
Purchase Details
Closed on
Jul 29, 2005
Sold by
Daly James
Bought by
Denise Vohra Llc
Purchase Details
Closed on
Jul 8, 1994
Sold by
Gimeno Ramon
Bought by
Daly James P and Gimeno Ramon
Purchase Details
Closed on
Jun 4, 1993
Sold by
Thornton Roy M and Thornton Irma S
Bought by
Gimeno Ramon
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1560 Bay Drive Llc | -- | None Listed On Document | |
| Sharma Vatsala | $4,600,000 | Titles Unlimited | |
| Portilla Gerardo | $1,010,000 | Clear Title Services Inc | |
| Huynh Peter | $600,000 | Attorney | |
| Denise Vohra Llc | $1,530,000 | -- | |
| Daly James P | -- | -- | |
| Gimeno Ramon | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1560 Bay Drive Llc | $6,542,992 | |
| Previous Owner | Sharma Vatsala | $3,680,000 | |
| Previous Owner | Portilla Gerardo | $417,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/30/2025 10/30/25 | Sold | $4,600,000 | -23.3% | $1,049 / Sq Ft | |
| 10/21/2025 10/21/25 | Pending | -- | -- | -- | |
| 07/23/2025 07/23/25 | For Sale | $6,000,000 | 0.0% | $1,368 / Sq Ft | |
| 01/09/2023 01/09/23 | Rented | $10,000 | 0.0% | -- | |
| 11/12/2022 11/12/22 | Price Changed | $10,000 | -9.1% | $5 / Sq Ft | |
| 10/03/2022 10/03/22 | Price Changed | $11,000 | -21.4% | $6 / Sq Ft | |
| 09/01/2022 09/01/22 | For Rent | $14,000 | 0.0% | -- | |
| 10/25/2012 10/25/12 | Sold | $1,010,000 | 0.0% | $495 / Sq Ft | View Prior Sale |
| 08/13/2012 08/13/12 | Pending | -- | -- | -- | |
| 07/10/2012 07/10/12 | For Sale | $1,010,000 | -- | $495 / Sq Ft |
Source: MIAMI REALTORS® MLS
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 | $25,834 | $1,457,085 | -- | -- |
| 2024 | $24,968 | $1,416,021 | -- | -- |
| 2023 | $24,968 | $1,362,402 | $0 | $0 |
| 2022 | $24,078 | $1,322,721 | $0 | $0 |
| 2021 | $24,005 | $1,284,196 | $1,105,329 | $178,867 |
| 2020 | $26,715 | $1,420,754 | $0 | $0 |
| 2019 | $26,123 | $1,388,812 | $0 | $0 |
| 2018 | $24,857 | $1,362,917 | $1,183,784 | $179,133 |
| 2017 | $26,021 | $1,407,270 | $0 | $0 |
| 2016 | $20,706 | $928,451 | $0 | $0 |
| 2015 | $17,994 | $844,047 | $0 | $0 |
| 2014 | $16,784 | $767,316 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Giovanni Mancini
-
Mina Taskiran
Seller Co-Listing Agent in 2025
Mina Taskiran
One Sotheby's International Realty
(305) 206-4551
4 in this area
61 Total Sales
-
Alejandro Farias
Seller's Agent in 2023
Alejandro Farias
Sigma Real Estate & Investment
(786) 790-6961
2 Total Sales
-
J
Seller's Agent in 2012
Jack Coden
MMLS Assoc.-Inactive Member
-
Lissette Cruz
Buyer's Agent in 2012
Lissette Cruz
Cruz International Realty Corp
(786) 486-3301
37 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11846050
APN: 02-3210-001-1070
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