4501 Prairie Ave # 1, Miami Beach FL 33140
About this home
A corner residence in a boutique 1930s building of just eight units, in the heart of Mid Beach. Wraparound impact windows on the western and southern exposures carry light through the apartment all day. The details are ones newer buildings can't reproduce: a wood-burning fireplace, original arches, and Dade County pine floors. Formal dining room, separate breakfast room, three bedrooms, one and a half baths, 1,393 SF — with a private storage garage, elevator, and parking. The building wraps a landscaped courtyard and fountain. Minutes from Lincoln Road, the beach, Sunset Harbor, and the Miami Beach Golf Club, with quick access to I-95 and South Beach.
Features
- First Floor Entry
- Other
- Courtyard
- Other View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $4,500
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
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.
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. 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.