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Single Family Residence
$4,499,000$1,581 / sqft
5237 La Gorce Drive, Miami Beach FL 33140
Listed
4
Bedrooms
4
Bathrooms
2,846 sqft
Interior
1924
Year built
None
HOA
Single Family Residence
Type
About this home
Timeless Residence Reimagined This Old Spanish residence is located within one of Miami Beach’s most desirable enclaves and has been thoughtfully renovated to support modern living while preserving its architectural character. The two-story layout comprises 4 bedrooms, 4 full bathrooms, and approximately 2,846 SF+/-, set on a 7,700 SF+/- western-facing lot. The orientation allows for abundant natural light and privacy, supporting a seamless indoor-outdoor living experience throughout the home. Location Ideally situated in the heart of Miami Beach’s coveted La Gorce Neighborhood, this home enjoys close proximity to beaches, world-class dining, and premier shopping. Moments from Bal Harbour and Surfside, with convenient access to Downtown Miami, the Design District, and major causeways—offering both tranquility and connectivity. Primary Living Spaces The first floor welcomes you with an inviting entry foyer that flows into a formal dining room and main living area. A striking floor-to-ceiling marble-style fireplace anchors the oversized living space, while a step-down sitting area opens directly to the pool patio, creating seamless indoor-outdoor flow and is serviced by a nearby full bathroom. The chef’s kitchen features white shaker cabinetry, natural stone surfaces, and Café appliances. Additional highlights include an en-suite bedroom or office space, a den with pool access, and a dedicated laundry room.
Features
- First Floor Entry
- Entrance Foyer
- Den/Library/Office
- Separate Guest/In-Law Quarters
- Media Room
- Recreation Room
- Storage
- Utility Room/Laundry
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 31 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.