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Single Family Residence
$7,499,000$1,680 / sqft
1278 W 27th St, Miami Beach FL 33140
Listed
6
Bedrooms
6
Bathrooms
4,464 sqft
Interior
1926
Year built
None
HOA
Single Family Residence
Type
About this home
Set on an exceptionally oversized 15,000+ square foot lot off North Bay Road, this fully updated, move-in ready estate offers nearly 5,000 SF of interior living paired with a truly resort caliber outdoor setting. The home delivers a lifestyle centered around entertaining, wellness, and recreation. Downstairs features a spacious chef’s kitchen, a formal dining area, and an open concept living room that connects beautifully to a light filled Florida room, creating multiple inviting spaces to gather, relax, and host. Four bedrooms are located upstairs, including the primary suite overlooking the Miami Beach Golf Course, which features two walk-in closets and a separate tub, shower, and dual vanities. The remaining three bedrooms include built-ins, one ensuite bathroom and two connected by a Jack and Jill bath. A converted garage serves as a guest house with two bedrooms, a kitchenette, full bathroom, laundry room, and home gym. The outdoor space includes a pool and jacuzzi, sauna, cabana bath, outdoor kitchen, dining area and fire pit, with room to add a padel or pickleball court. The gated property offers a large driveway with ample parking, along with a private basketball court located on the side of the home. This is a rare Miami Beach offering with an oversized lot and exceptional indoor and outdoor living.
Features
- First Floor Entry
- Den/Library/Office
- Florida Room
- Maid/In-Law Quarters
- Sauna
- Utility Room/Laundry
- Other
- Pool
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 7 active listings; the middle half ask $45,000–$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.