550 S Shore Dr, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active110 days on marketListed Apr 24, 2026MLS #A12007341
About this home
550 S Shore Dr, Miami Beach FL 33141
Completely redesigned modern waterfront home in the exclusive Normandy Shores community of Miami Beach. This 4 bed, 4.5 bath residence spans 3,386 sq.ft. under A/C of bright open living space with floor-to-ceiling glass, designer kitchen, and refined finishes throughout. Expansive backyard with pool, tropical landscaping, and a 70 ft boat dock offering direct ocean access. A perfect blend of contemporary architecture and serene waterfront living, ready for immediate enjoyment. The property is vacant and ready to show — schedule your visit anytime. Please be sure to watch the video walkthrough tour.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
3,206
Sqft
6
Garage
2025
Year built
$1,964
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$40,109 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$40,109/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+121.3%
$/sqft vs Miami Beach actives
$1,964 vs $728
Days on market
110 vs 91 typical
Where $1,964/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Isle Of Normandy
Get to know Miami Beach. See the full Miami Beach guide →
Isle Of Normandy — neighborhood snapshot
Population
9,198
Median age
48
Median income
$99,060
Median home value
$477,014
Avg household
2
Households w/ children
850
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 3834% above the MIAMI BEACH 33141 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 550 S Shore Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$1,400,000
89 N Shore Dr, Miami Beach FL 33141 · same community
3 bd · 3.5 ba · 2,504 sqft · $559/sqft · 37 DOM
Sold · Jun ’26$2,050,000
95 N Shore Dr, Miami Beach FL 33141 · same community
4 bd · 4.5 ba · 2,504 sqft · $819/sqft · 74 DOM
Sold · Dec ’25$4,100,000
201 AQUA AVENUE # 1001, Miami Beach FL 33141
3 bd · 3.5 ba · 3,321 sqft · $1,235/sqft · 133 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 550 S Shore Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 550 S Shore Dr — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
550 S Shore Dr FAQs
What would the monthly payment be for 550 S Shore Dr, Miami Beach FL 33141?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $40,109/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 550 S Shore Dr, Miami Beach FL 33141?+
The most recent tax bill on record (2025) was $43,456. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $6,295,000, this home is listed about 869% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 550 S Shore Dr, Miami Beach FL 33141?+
Treasure Island Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of La Playa Properties Group Inc · Rich Tallman. MLS #A12007341.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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