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Waterfront · Single Family Residence
$10,450,000$2,598 / sqft
1050 Stillwater Dr, Miami Beach FL 33141
Listed
4
Bedrooms
5
Bathrooms
4,023 sqft
Interior
2025
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to 1050 Stillwater Drive, a newly completed waterfront residence on the exclusive guard-gated island of Stillwater. Built in 2026, this exceptional home offers approximately 4,000 square feet of refined living space with 4 bedrooms, a den, and 4.5 bathrooms, perfectly positioned on 50 feet of open bay frontage with breathtaking water views. Designed for modern luxury living, the residence showcases marble flooring throughout the main living areas, custom wood flooring upstairs, a chef’s kitchen equipped with Sub-Zero and Miele appliances, custom wood cabinetry, and elegant marble countertops. Floor-to-ceiling impact glass fills the home with natural light while seamlessly connecting indoor and outdoor spaces. The resort-style outdoor area features a brand-new saltwater pool with heater, outdoor kitchen, private dock, boat and jet ski lifts, and expansive waterfront entertaining spaces designed to capture Miami’s spectacular sunsets. Smart home technology includes security cameras, smart lighting, thermostats, locks, and a full-house generator. With a new seawall, two high-efficiency A/C systems, impact windows and doors throughout, tankless gas water heater, and every major component less than one year old, this turnkey residence offers peace of mind and uncompromising quality. A rare opportunity to own a brand-new waterfront home in one of Miami Beach’s most desirable island communities.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- Barbeque
- Other
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 4-bed rentals in Miami Beach, from 30 active listings; the middle half ask $13,000–$28,500.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.