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2440 N Shore Ter, Miami Beach FL 33141
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
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.
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.
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.