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Single Family Residence at 2440 N Shore Ter, Miami Beach FL 33141Active
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Waterfront · Single Family Residence
$10,000,000$4,419 / sqft

2440 N Shore Ter, Miami Beach FL 33141

4
Bedrooms
4
Bathrooms
2,263 sqft
Interior
2015
Year built
None
HOA
Single Family Residence
Type

About this home

A rare waterfront home with a design you will not find again. Located on a quiet cul-de-sac inside the gated community of Normandy Shores, Set on a 9,000 SF lot with 80 FT of direct bay frontage, this property offers privacy, space, and open water views, access to golf, tennis, basketball courts, and parks. Set on the island’s Terrace and shared with only a few homes, it captures wide open bay views and stunning sunsets. Built in 2015, the home offers approx. 3,442 SF with 4 bedrooms and 4 bathrooms. The layout flows through open living and dining areas into a modern kitchen designed for both function and entertaining. From the moment you arrive, the home creates a calm feel. A bamboo garden welcomes you, leading to a striking 30 ft interior waterfall that sets the tone throughout. The outdoor space is built to enjoy. Lush landscaping surrounds a pool, outdoor kitchen, and multiple terraces. Relax in the outdoor soaking tub, host gatherings under the two story tiki hut, or enjoy quiet evenings by the water. The private dock allows you to take in the bay at sunset. The property also includes boat and jet ski lifts, a davit, and plans for a future two car garage. A true opportunity for someone looking for a different kind of waterfront living experience.

Features

  • First Floor Entry
  • Closet Cabinetry
  • Cooking Island
  • Other
  • Barbeque
  • Built-In Grill
  • Lighting
  • Bay
  • Ocean
  • Direct Ocean

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$50,565

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$50,565
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
One Sotheby's International Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.