1930 Bay Drive, #PH1, Miami Beach, FL, 33141 | $3,550,000

Welcome to one of Miami beach's most exclusive waterfront addresses; an exceptionally rare full-floor bayfront residence, with only four private residences in the entire building. Crafted by renowned Sabal Luxury Builder, this newly constructed architectural masterpiece offers an unparalleled level of privacy, prestige, and waterfront living rarely available in today’s market. Positioned directly on Biscayne Bay, this trophy residence captures breathtaking panoramic views of the Downtown Miami skyline, Miami Beach, and endless open water vistas. Arrive via your private elevator & step into 2, 551 SFT of impeccably curated living space, where floor-to-ceiling glass walls frame the surrounding waterfront. An integrated smart-home sound system, electric window treatments create an effortless blend of sophistication and comfort. Designed for those who appreciate seamless indoor-outdoor living, the residence opens to an extraordinary 1, 800 SFT private waterfront terrace, an irreplaceable entertaining venue with front row seats to Miami’s legendary sunsets. The chef's Italian kitchen showcases premium appliances, an oversized gathering island, and elegant custom cabinetry, while every bedroom serves as a private retreat featuring its own en-suite bath and secluded terrace. Boutique luxury amenities include a state-of-the-art fitness center, jacuzzi, secure covered parking. Ideally located on Normandy Isles, just moments from Bal Harbour Shops, private clubs, & world class dining!!

Features

  • Parking: Assigned, Covered, Garage, Attached Garage, Attached
  • Heating: Central
  • Cooling: Central Air
  • Levels: 5
  • Amenities: Elevator(s), Fitness Center, Management, Other, Parking, Pool, Spa/Hot Tub, Maintenance
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Complex: ISLE OF NORMANDY MIAMI VI
  • Year Built: 2024
  • Common Charge: $2,440 Monthly
  • Approx Sq. Feet: 2,551
  • Est. Taxes: $47,978
  • View: Garden, Water, Bay
  • Water Front: Yes
  • Elem. School: Treasure Island
  • Middle School: Miami Beach Nautilus
  • High School: Miami Beach
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer
  • MLS#: A12036006
  • Website: https://www.raveis.com
    /prop/A12036006/1930baydrive_miamibeach_fl?source=qrflyer
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Listing courtesy of Keller Williams Capital Realty

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1930 Bay Drive, #PH1, Miami Beach, FL, 33141

$3,550,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,840,000 $2,840,000 $2,840,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.251% 6.086% 6.183%
Monthly Tax Payment $3,998 $3,998 $3,998
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,573 $17,027 $23,966
Total Monthly Payment $20,696 $21,150 $28,089

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.