2520 Shelter Ave, Miami Beach, FL, 33140
About This Home
Introducing a newly completed architectural masterpiece in one of Miami Beach’s most private and coveted residential enclaves. Completed in May 2026, this exceptional residence offers 5,768 SF of impeccably designed interiors, plus a 500 SF garage, blending refined craftsmanship with effortless modern living. Designed for the most discerning buyer, the home features 6 bedrooms, 6 full baths, a private elevator, and a dramatic 40’ x 10’ resort-style pool, beautifully integrated into lush tropical surroundings. Every detail has been thoughtfully curated, from bespoke millwork and natural materials to state-of-the-art appliances and elevated finishes, creating a home that feels both timeless and sophisticated. The true luxury lies in the setting. Tucked away on one of Miami Beach’s most exclusive streets, the home offers privacy, tranquility, and discretion, surrounded by mature landscaping where the only sounds are the birds, yet moments from Miami’s finest dining, beaches, golf, and lifestyle destinations. A rare offering where architecture, location, and serenity converge. Disclaimer: Some images have been virtually staged using AI to illustrate furnishing and design possibilities. Square footage is approximate and should be independently verified by buyer and buyer’s representatives.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: New Construction
- New construction: Yes
- Year built: 2026
Materials
- Roof: Concrete,Other
Type & Style
- Home type: SingleFamily
- Architectural style: Modern/Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
Features
- Built-in Features,Closet Cabinetry,Elevator,Volume Ceilings,Walk-In Closet(s)
- Door features: High Impact Doors
- Flooring: Other,Parquet,Tile,Wood
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 5,768 sqft
Property
Details
- Parcel number: 0232280011010
- Zoning: 0800
Features
- Stories: 2
- Entry location: First Floor Entry
- Private pool: Yes
- Pool features: In Ground,Pool Only
- Patio & porch: Deck
- Exterior features: Built-in Barbecue
- Has spa: Yes
- Has view: Yes
- View description: Other,Pool
Lot
- Lot size: 0.28 Acres
- Features: Less Than 1/4 Acre Lot
Parking
- Total spaces: 4
- Parking features: Covered,Driveway
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- 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 | $99,866 | $1,198,392 |
| Home Insurance * | $17,400 | $208,800 |
| Property Taxes | $38,715 | $464,580 |
| Electricity | $580 | $6,965 |
| Total | $156,561 | $1,878,732 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Listed for sale | $19,500,000 |
| 2020-11-16 | Sold | $2,350,000 |
| 2020-10-25 | Pending sale | $2,350,000 |
| 2020-06-15 | Listed for sale | $2,350,000 |
| 2020-05-13 | Listing removed | $2,350,000 |
| 2019-12-10 | Listed for sale | $2,350,000 |
| 2019-07-02 | Listing removed | $2,399,000 |
| 2018-11-21 | Price change | $2,399,000 |
| 2018-04-24 | Price change | $2,550,000 |
| 2018-04-02 | Listed for sale | $2,675,000 |
| 2015-12-21 | Listing removed | $2,895,000 |
| 2015-10-23 | Price change | $2,895,000 |
| 2015-04-30 | Listed for sale | $2,950,000 |
| 2015-02-26 | Listing removed | $2,950,000 |
| 2014-11-05 | Price change | $2,950,000 |
| 2014-09-10 | Price change | $3,090,000 |
| 2014-08-30 | Listed for sale | $3,200,000 |
| 2012-11-09 | Listing removed | $11,000 |
| 2012-10-17 | Price change | $11,000 |
| 2012-08-21 | Sold | $1,690,000 |
| 2012-07-05 | Listed for rent | $7,000 |
| 2012-03-08 | Price change | $2,200,000 |
| 2012-01-11 | Price change | $2,400,000 |
| 2011-11-29 | Price change | $2,500,000 |
| 2011-09-09 | Listed for sale | $2,599,000 |
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