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Waterfront · Single Family Residence
$7,000,000$1,585 / sqft
4560 Prairie Ave, Miami Beach FL 33140
Listed
5
Bedrooms
5
Bathrooms
4,416 sqft
Interior
1949
Year built
None
HOA
Single Family Residence
Type
About this home
Build your dream home on this prestigious waterfront property with approx. 12,151 square feet with 65 feet of waterfrontage with sunset views. Situated at the heart of Miami Beach, this exceptional location is in close proximity to nearby top private schools, Sunset Harbour retail & restaurants, Collins Avenue which is lined with world class shopping and 5-star hotels with excellent restaurants, and very close to the best beaches. Ability to build over 6,000 sq feet of living space and luxurious roof top entertainment deck. Design the home with a 3,600 square foot understory and have the ability to park over twelve cars beneath your home. Call today to view possible plans and tour the property.
Features
- First Floor Entry
- Cooking Island
- Custom Mirrors
- Laundry Tub
- Skylight
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Canal
Location
Approximate — shows the building, not the unit. Open in maps
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 5-bed rentals in Miami Beach, from 14 active listings; the middle half ask $19,000–$69,000.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.