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Waterfront · Single Family Residence
$8,800,000$1,788 / sqft
470 S Shore Dr, Miami Beach FL 33141
Listed
6
Bedrooms
7
Bathrooms
4,922 sqft
Interior
2015
Year built
None
HOA
Single Family Residence
Type
About this home
MIAMI BEACH LUXURY! An exceptional opportunity to own a fully renovated waterfront estate in Miami Beach’s hottest and fastest-growing neighborhood, Normandy Isles. Reimagined in 2024 and professionally designed by ARTEFACTO, this smart home offers complete privacy with a newly fenced perimeter and resort-style waterfront living on an expansive 11,050 SF lot. Boasting approximately 6,063 SF under roof (survey available), the residence features 6 bedrooms and 6.5 bathrooms, including a fitness room, guest/maid’s quarters, and a versatile loft space ideal as a playroom, home theater, office, or additional lounge area, complete with its own full bath and closet. Designed for both luxury and comfort, the home showcases soaring ceilings, custom finishes throughout, and a gourmet chef’s kitchen. The waterfront primary suite offers a private terrace, spacious walk-in closet, and spa-inspired bathroom. Outdoor living is equally impressive, with 65 feet of waterfront frontage, a private wood dock, new boat lift, and direct canal access. The resort-style backyard features a covered patio perfect for dining and entertaining, a stunning new mosaic pool measuring 29’ x 15’, and a decorative pond measuring 39’ x 8’, creating a tranquil oasis for relaxation and enjoyment. A rare turnkey waterfront retreat combining modern design, smart-home technology, privacy, and the ultimate Miami Beach lifestyle. Showing 24h notice: Call Rachel
Features
- First Floor Entry
- Cooking Island
- Elevator
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Family Room
- Media Room
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 6-bed rentals in Miami Beach, from 8 active listings; the middle half ask $80,000–$250,000.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.