See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

7101 NE 10th Ave, Miami, FL, 33138

6beds
7baths
8,118sqft
$24,850,000
$3,061price/sqft
$196,712/moest. monthly cost
$7,868,480/yrincome needed

About This Home

Set on the original grounds of the historic Prescott Mansion, Villa Prescott is an exceptional new-construction waterfront estate that reinterprets one of Miami’s most storied residential sites for modern luxury living. Located on private Prescott Lane and positioned directly on open Biscayne Bay, the home offers sweeping bay and downtown skyline views, blending architectural legacy with contemporary design. The residence sits on an oversized 13,140 SF bayfront parcel with 70 feet of water frontage, enhanced by a brand-new seawall and extended perpendicular 90+ foot dock. Raymond Jungles designed landscape with full-height understory creates a private, resort-style setting while maintaining a seamless connection to the water. Spanning 10,916 SF total, including 8,118 SF under air, and 1,293 SF of terraces, the home is designed for refined indoor-outdoor living. A dramatic two-story grand room anchors the residence, framed by expansive glass details that capture cinematic bay views throughout the day. An elevator provides effortless access between levels. The home features 6 bedrooms and 6.5 bathrooms, 3 covered parking spaces, and a layout that balances grand entertaining with private retreat. Elevated interior finishes include custom millwork, a wine refrigerator, natural stone finishes, and warm neutral palettes layered with meticulous detailing. Inquire for 3D development tour. All images are artist’s renderings provided for illustrative purposes.

Getting Around

52
WalkingSomewhat Walkable
44
TransitSome Transit
45
BikeSomewhat Bikeable

Schools

9/10
Morningside K-8 AcademyGrades PK-80.7 mi
3/10
5/10

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2027

Materials

  • Roof: Barrel Roof

Other

  • Builder name: The Carroll Group at Compass

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Other,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 7
  • Full bathrooms: 6
  • 1/2 bathrooms: 1

Features

  • Elevator,Other
  • Flooring: Marble,Other,Wood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 10,916
  • Total interior livable area: 8,118 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 0132070321030
  • Zoning: 0104
  • Other equipment: Other

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Exterior features: Other
  • Has view: Yes
  • View description: Bay,Garden,Ocean,Pool
  • Has water view: Yes
  • Water view: Bay,Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Access,WF/Pool/Ocean Access,Bay
  • Frontage type: Bay/Harbor
  • Frontage length: 70

Lot

  • Lot size: 0.30 Acres
  • Features: 1/4 To Less Than 1/2 Acre Lot

Parking

  • Total spaces: 3
  • Parking features: Covered
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Hurricane
    HurricaneRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Cold Wave
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $125,655$1,507,860
Home Insurance *$23,535$282,420
Property Taxes $46,706$560,472
Electricity $816$9,803
Total$196,712$2,360,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$6,744,411/yr
40% on housing$5,901,360/yr
45% on housing$5,245,653/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$3,061This listing

vs Other Active Listings

Avg $/sqft

ZIP 33138$668
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33138$740
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-26Listed for sale$24,850,000
2018-06-22Sold$3,750,000
2018-01-31Listing removed$3,950,000
2017-11-18Price change$3,950,000
2017-04-24Price change$4,250,000
2017-02-09Price change$4,750,000
2016-07-06Price change$4,950,000
2016-01-29Listed for sale$6,495,000
2012-05-04Sold$1,625,000
2006-11-13Sold$32,250
2004-01-15Sold$1,200,000
1998-07-30Sold$525,000
1995-01-17Sold$260,000

New Construction Spec

AgentChad Carroll
BrokerageCompass Florida, LLC

Similar Homes