1940 Bay Drive, Miami Beach, FL 33141
Isle of Normandy Miami View, Normandy Isles, Miami Beach
Welcome to 1940 Bay Drive, a building located in Isle of Normandy Miami View, Normandy Isles, Miami Beach in Miami Beach, FL.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1955.
There are a total of 2 floors.
Finally, 1940 Bay Drive was most recently sold on Dec 23, 2021 for $7,400,000.
The market value for the land that the building sits on has been listed at $3,894,000.
In addition, improvements upon the building have an added value of $1,766,000.
In total, the total market value of the property as a whole is $5,660,000.
According to local assessors, the total value of the building is currently valued at $5,660,000.
Specifically, the value of the land that the property sits on has been assessed at $3,894,000.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Facts
Effective Year Built
1965
Building Condition
unknown
Construction Type
Concrete block
Building Style
Multifamily
Exterior Walls Type
Concrete block
Interior Walls Type
unknown
Business/Commerical Units Count
23
Building
Property Class
Residential
Subdivision
ISLE OF NORMANDY MIAMI VIEW
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
ISLE OF NORMANDY MIAMI VIEW SEC PART 1 PB 34-80 LOTS 15 THRU 18 BLK 39 LOT SIZE 208.240 X 170 COC 25876-4349 08 2007 5
Ownership
Current Owner
1940 APARTMENTS LLC
Current Owner's Name
1940 APARTMENTS LLC
Previous Owner
NORMANDY FORTUNE LLC
Previous Owner's Name
NORMANDY FORTUNE LLC
Owner Before Previous Owner
NORMANDY CORP N V
Ownership Rights Codes
unknown
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Dade County School District
School Tax School District
MIAMI BEACH
Census - Combined Statistical Area - Area Code
370
Census - Combined Statistical Area - Area Name
Miami-Fort Lauderdale-Port St. Lucie, FL
Census - County FIPS
12086
Census - Full FIPS
120860039162010
Census - Metropolitan Division - Area Code
33124
Census - Metropolitan Division - Area Name
Miami-Miami Beach-Kendall, FL
Census - Metro Micro Statistical Area - Area Code
33100
Census - Metro Micro Statistical Area - Area Name
Miami-Fort Lauderdale-West Palm Beach, FL
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
1249225
Census Source
US Census Bureau
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
1200390
School District - Unified - Name
Dade County School District
Geography
Assessors Map Reference
171
Meridian
SEC 10 TWN 53S RNG 42E
Mailing Full Street Address
16690 COLLINS AVE STE 1104
Mailing House Number
16690
Valuation
Timestamp
2024-04-12 19:55:10
More About The Building
In total, the building area is listed as 29,213 square feet.
The depth of the property lot was measured at 1,700 square feet and the front at 2,082 square feet.
The building itself has 29,213 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 1940 Bay Drive is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Normandy Isles area have a median price of $2,225.
Those in the 25th percentile, have a price around $1,900.
While those in the 75th percentile, have a price around $2,613.
Typically, the buildings in this area have a median sqft of 780.
That means that the median price per sqft is around $3.
In other words, the price per sqft for buildings in the 25th percentile is $3.
While the price per sqft for buildings in the 75th percentile is $3.
As a breakdown, we've included the following stats:
- There are currently a total of 10 studio listings.
The median price for these types of listings is $1,600.
That's $3.14 price per sqft.
- There are currently a total of 45 one bedroom listings.
The median price for these types of listings is $2,000.
That's $2.79 price per sqft.
- There are currently a total of 29 two bedroom listings.
The median price for these types of listings is $2,550.
That's $2.59 price per sqft.
- There are currently a total of 7 three bedroom listings.
The median price for these types of listings is $4,500.
That's $2.94 price per sqft.
- There is currently a single advertised four bedroom listing.
About The Area
1940 Bay Drive is located in 33141.
There are 39,738 people living here.
There are 17,487 households.
Most of these households have an average family size of 3.05 people.
According to the census, 68% are currently renting while 32% own their homes.
The median age of this population is around 41.1 years old.
On average, most folks in the zipcode are unmarried.
About 74% of folks speak a language other than English in this area.
The area's employment rate is currently around 65.8%.
Speaking of employment, the median income is $42,145.
Most folks will commute by car for around 29.6 minutes.
Finally, we know that 25% of residents in the area have graduated with their high school degree.
Additionally, 21% and 14% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Miami-Dade County, Florida has a population of 2,664,418 people.
Based on census records, there are 853,624 registered households.
Families in this area are on average made up of 3.75 people per household.
Most folks are unmarried.
They are also typically around 39.3 years old.
Does diversity matter to you? Right now, 73% of folks speak a language other than English here.
About 47% rent while 53% purchased their homes.
Right now, the community is made up of 28% of residents who have graduated with at least a high school degree.
On top of that, 17% have a Bachelor's degree and 10% have a Master's degree.
The employment rate is currently around 56.7%.
Those employed, have a median income of $44,224.
If you move here, you can expect to commute mostly by car for around 30.6 minutes.
Finally, let's take a look at the stats related to Miami, FL Urban Area.
The urban area is home to 5,859,349 people.
A total of 2,045,951 households are registered here.
With average family sizes being listed at 3.52 people.
About 27% of residents have graduated with a high school degree.
Of the rest, 19% have their Bachelor's and 11% have their Master's degree.
Folks speaking a language other than English, make up about 53% of the population.
Looking to move to this urban area? You'll need to look forward to commuting by car for around 28.5 minutes.
Speaking of your commute, 57.5% of people in this area are employed.
The recorded median income is currently at $50,097 per year.
The median population age has been listed at 40.6 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 40% of the population while homeowners are at about 60% of the population.
$1,600
Studio Median Rent
PUBLIC TRANSIT
71 ST & BIARRITZ DR (560 ft - 3 min walk)
Miami-Dade Transit
71 ST & RUE GRANVILLE (770 ft - 3 min walk)
Miami-Dade Transit
NORMANDY DR & W BAY RD (910 ft - 4 min walk)
Miami-Dade Transit
NORMANDY DR & RUE GRANVILLE (1020 ft - 4 min walk)
Miami-Dade Transit
NORMANDY DR & TROUVILLE ESPLANADE (0.28 mi - 6 min walk)
Miami-Dade Transit
Nearby Schools
(within attendance boundary) 7540 E Treasure Dr, North Bay Village, FL 33141
Public
•
Elementary
•
Grades PK to 5
Dade County School District
4301 N Michigan Ave, Miami Beach, FL 33140
Public
•
Middle School
•
Grades 6 to 8
Dade County School District
2231 Prairie Ave, Miami Beach, FL 33139
Public
•
High School
•
Grades 9 to 12
Dade County School District
School zoning information and other data are provided by
RealtyHop Schools and 3rd party sources.
The contents of the database are not guaranteed to be accurate or timely.
Contact the schools or districts before making any decisions using on this data.