4560 Prairie Ave, Miami Beach, FL, 33140
About This Home
A rare generational waterfront opportunity on prestigious Prairie Ave, offering one of the last oversized waterfront parcels in this coveted Miami Beach residential corridor. Encompassing 12,150 SF with ocean access via canal, this exceptional property is ideally positioned for the creation of a world-class custom estate or luxury redevelopment in a setting defined by premier waterfront residences. The existing 4,400 SF home presents a compelling opportunity for a thoughtful renovation or reimagining, allowing buyers to enhance and customize the current structure while capturing significant upside. Whether renovating to create a refined waterfront residence or building a new signature estate, the flexibility of this offering is unmatched. Surrounded by multi-million-dollar estates and moments from beaches, houses of worship, elite schools, shopping, dining, and the best of Miami Beach living, this property combines location, scale, and lifestyle in a way that is increasingly rare. An exceptional acquisition for end users, visionary builders, or developers seeking long-term value, prestige, and the opportunity to create a standout waterfront residence. Listing broker is an owner of the property.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1949
Materials
- Roof: Built-Up
- Construction materials: CBS Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Gas Water Heater,Gas Range,Refrigerator,Self Cleaning Oven,Oven
- Laundry features: Sink,Laundry Room,Washer/Dryer Hook-Up
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Kitchen Island,Custom Mirrors
- Window features: Skylight(s)
- Flooring: Ceramic Tile,Vinyl
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Ceiling Fan(s),Central Air,Electric
Interior Area
- Total structure area: 5,164
- Total interior livable area: 4,416 sqft
Property
Details
- Parcel number: 0232220140510
- Zoning: 0100
Features
- Stories: 1
- Entry location: First Floor Entry
- Private pool: Yes
- Pool features: Automatic Chlorination,In Ground,Fenced,Concrete,Heated,Pool/Spa Combo
- Has spa: Yes
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- On waterfront: Yes
- Waterfront features: Ocean Access,Canal Front,WF/Pool/Ocean Access
- Frontage length: 64
Lot
- Lot size: 0.28 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Parking
- Parking features: Circular Driveway,Driveway
- Has uncovered spaces: Yes
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
- Hurricane
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Miami-Dade County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $37,418 | $449,016 |
| Home Insurance * | $6,519 | $78,228 |
| Property Taxes | $10,664 | $127,968 |
| Electricity | $444 | $5,332 |
| Total | $55,045 | $660,540 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Listed for sale | $7,400,000 |
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