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Waterfront · Single Family Residence
$14,999,000$2,944 / sqft
535 N Shore Dr, Miami Beach FL 33141
Listed
5
Bedrooms
7
Bathrooms
5,094 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
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.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Pantry
- Family Room
- Other
- Storage
- Built-In Grill
- Bay
Leasing
- Minimum lease
- Not stated
- Ok To Lease
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 5-bed rentals in Miami Beach, from 13 active listings; the middle half ask $19,000–$55,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.