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Waterfront · Single Family Residence
$41,995,000$3,888 / sqft
385 Centre Is, Golden Beach FL 33160
Listed
12
Bedrooms
13
Bathrooms
10,802 sqft
Interior
2014
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to 385 Center Island, a breathtaking tropical modern masterpiece in the exclusive enclave of Golden Beach. This legacy estate spans 22,688 sq ft, featuring a 14,225 sq ft mansion with 137 ft of direct Intracoastal frontage-perfect for yachting enthusiasts. Designed for both luxury and entertainment, the home offers 12 bedrooms, 12 bathrooms, expansive living spaces, a chef's kitchen, and a formal dining room overlooking the stunning back deck. This private oasis includes a double-gated driveway, parking for 8, an indoor gym and spa, and meticulous attention to detail throughout. Just steps from the neighborhood's private beach, parks, and patrolled by its own police force, this is a once-in-a-lifetime opportunity to own Golden Beach's crown jewel.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Volume Ceilings
- Family Room
- Great Room
- Built-In Grill
- Lighting
- Intracoastal View
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
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 rent, 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.