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Single Family Residence
$9,990,000$2,881 / sqft
2532 NW Lake Ave, Miami Beach FL 33140
Listed
4
Bedrooms
5
Bathrooms
3,468 sqft
Interior
1998
Year built
None
HOA
Single Family Residence
Type
About this home
A rare chance to own on the prestigious Sunset Islands for under $10M. This move-in-ready 1998 home—not a teardown—combines classic charm with soaring ceilings and light-filled living spaces. The home was recently refreshed by renowned designer Mariana D’Orey Veiga, featuring custom millwork, bespoke wallcoverings, tailored window treatments, and a stunning new front entrance. The smart layout includes 4 bedrooms, 4 full baths, a powder room, and an attached 2-car garage. With inventory extremely limited in Miami Beach, this is a prime opportunity to secure an incredible home in one of the nation's most coveted guard-gated communities. Option to purchase partially furnished.
Features
- First Floor Entry
- French Doors
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$50,515
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $50,515
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.