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Single Family Residence
$5,200,000$1,063 / sqft
3748 Prairie Ave, Miami Beach FL 33140
Listed
6
Bedrooms
7
Bathrooms
4,892 sqft
Interior
1937
Year built
None
HOA
Single Family Residence
Type
About this home
Located on one of Mid-Beach’s most coveted tree-lined streets, this exceptional residence at Prairie Avenue blends timeless Miami Beach architecture with refined modern living. Set on an expansive lot 3748 Prairie Ave offers the rare combination of privacy, scale, and proximity to the beach, top schools, and the city’s best dining and cultural destinations. Designed for effortless indoor-outdoor living, the home features light-filled interiors, generous entertaining spaces, and seamless access to lush tropical grounds and multiple outdoor lounge areas. Elegant finishes, soaring ceilings, and thoughtfully curated details create a warm yet sophisticated atmosphere throughout. The spacious primary suite serves as a private retreat with serene garden views, spa-inspired baths, and custom walk-in closets. A chef’s kitchen anchors the home with premium appliances, bespoke cabinetry, and oversized gathering spaces ideal for both intimate dinners and large-scale entertaining. Perfectly positioned moments from the beach, Miami Beach Golf Club, and the energy of South Beach, this is a rare opportunity to own a distinguished property in one of Miami Beach’s most desirable residential enclaves
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Maid/In-Law Quarters
- 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 6-bed rentals in Miami Beach, from 8 active listings; the middle half ask $80,000–$250,000.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.