For SaleNeutral Deal1 days on market

857 N Shore Dr

857 N Shore Dr, Miami Beach, FL 33141, Miami Beach, FL 33141
$22,000,000
Estimate®:$19,467,100

Listing Price

Property image 1
857 N Shore Dr, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
1
Tax Assessed
$5716k
Estimate®
$19467k
Market Rate
Lot Size
0.29 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Treasure Island Elementary School

PK-5
1 mi away
5

Nautilus Middle School

6-8
3.2 mi away
5

Miami Beach Senior High School

9-12
4.3 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modern luxuryinfinity poolwaterfrontsunset viewoutdoor deckingpatio furnitureresort-stylecoastalminimalist designdeckscenic landscapeoutdoor loungeexpansive windowscontemporary

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.54%
Total ROI
101.0%
Cash Flow
$5,699/mo
DSCR
1.05
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $5,699/mo net cash flow with a 6.5% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.5%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-22Listed for sale$22,000,000$3,844
2026-07-27Listing removed$22,000,000$3,844
2026-05-26Listed for sale$22,000,000$3,844
2021-06-18Sold$4,300,000$751
2021-05-24Pending sale$4,500,000$786
2021-05-10Contingent$4,500,000$786
2021-05-04Price change$4,500,000$786
2021-04-27Pending sale$4,300,000$751
2021-04-22Contingent$4,300,000$751
2021-04-21Listed for sale$4,300,000$751
2020-12-14Sold$2,550,000$446
2020-10-05Pending sale$2,788,000$487
2020-08-12Price change$2,788,000$487
2020-06-23Listed for sale$2,850,000$498

Tax History

YearProperty TaxTax Assessment
2025$87,785.23$3,878,903
2024$83,463.64$3,526,276
2023$92,668.14$3,890,235
2022$69,886.33$3,536,578
2021$36,299.91$1,781,678
2020$16,752.21$902,707
2019$16,988.93$882,412
2018$16,177.69$865,959
2017$16,177.69$848,148
2016$16,137.32$830,704
2015$16,325.59$824,930
2014$16,679.46$818,383
2013$16,255.46$806,289
2012$16,255.5$792,812
2011$15,884.8$769,721
2010$16,571.9$758,346
2009$18,483.9$903,295
2007$18,052.8$851,110
2006$20,197.9$0
2005$20,197.9$0
2004$20,195.1$0
2003$10,638.9$0
2002$7,732.89$0
2001$7,732.89$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
6
Baths
8
Sq Ft
5,723

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