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4501 Prairie Ave APT 1, Miami Beach, FL, 33140

3beds
2baths
1,393sqft
$890,000
$639price/sqft
$6,909/moest. monthly cost
$276,360/yrincome needed

About This Home

BOUTIQUE, CONDO BUILDING IN THE HEART OF MID BEACH – MIAMI BEACH. CORNER UNIT, SPACIOUS + FULLY RENOVATED IN MIAMI BEACH. WRAP AROUND IMPACT WINDOWS WITH WESTERN AND SOUTHERN EXPOSURE FOR ALL-DAY NATURAL LIGHT AND BEST INDOOR/OUTDOOR LIVING OF ANY CONDO IN TOWN. 3 BEDROOM, 1.5 BATHROOMS, 1,393 SF LIVING AREA WITH PRIVATE STORAGE GARAGE, ELEVATOR, AND PARKING. FEATURES INCLUDE: LIVING ROOM WITH WORKING FIREPLACE, FORMAL DINING ROOM, BREAKFAST ROOM, DADE COUNTY PINE WOOD FLOORS, ORIGINAL ARCHES. ELITE, BUILDING WITH 8 TOTAL UNITS. BEAUTIFUL COURTYARD WITH FOUNTAIN AND LUSH LANDSCAPING, CLOSE PROXIMITY TO SCHOOLS, HOUSES OF WORSHIP, HOSPITAL, RESTAURANTS, SHOPS, I-95, BEACHES, LINCOLN ROAD, AND SOUTH BEACH.

Getting Around

76
WalkingVery Walkable
51
TransitGood Transit
57
BikeBikeable

Schools

10/10
5/10
Nautilus Middle SchoolGrades 6-80.4 mi
4/10

Construction

Condition

  • Year built: 1925

Materials

  • Construction materials: Other

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Ice Maker,Microwave,Electric Range,Refrigerator
  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Other,Elevator
  • Door features: High Impact Doors
  • Window features: Impact Glass,Other Windows
  • Flooring: Other,Wood
  • Fireplace: Yes
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,393
  • Total interior livable area: 1,393 sqft

Property

Details

  • Parcel number: 0232220290010
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Exterior features: Other,Courtyard
  • Has view: Yes
  • View description: Other

Parking

  • Total spaces: 1
  • Parking features: Other
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
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 $4,500$54,000
Home Insurance *$784$9,408
Property Taxes $1,428$17,136
Electricity $197$2,366
Total$6,909$82,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$236,880/yr
40% on housing$207,270/yr
45% on housing$184,240/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

$639This listing

vs Other Active Listings

Avg $/sqft

ZIP 33140$10,428
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33140$1,337
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
2026-05-01Listed for sale$920,000
2021-04-19Sold$515,000
2021-03-17Pending sale$535,000
2021-01-27Listed for sale$535,000
2020-02-20Listing removed$519,000
2020-01-13Price change$519,000
2019-04-11Price change$535,000
2018-11-12Price change$557,500
2018-05-15Listed for sale$569,000
1996-10-04Sold$140,700

For Sale by Agent

AgentDavid Solomon
BrokerageColdwell Banker Realty

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