4560 Prairie Ave, Miami Beach FL 33140 | Miami-Dade County | A11983954
- $7,400,000
- $7,400,000
Description
Compelling Miami Beach waterfront value at approximately $610 per square foot of land. Set on a substantial 12,151 SF lot with approximately 65 feet on the Biscayne Waterway, this property offers the unusual combination of attractive waterfront land value and a spacious 4,416 SF, five-bedroom residence available for immediate use. Enjoy the existing home, pool, spa and waterfront setting today without the need to undertake an immediate construction project. The one-story residence offers expansive interconnected living and entertaining areas, multiple gathering spaces, a large kitchen and generous utility room. Longer term, the substantial waterfront site provides the flexibility to create a new custom residence if and when desired. An increasingly difficult combination to find in Miami Beach: substantial waterfront land, an immediately usable home, and the ability to determine the property’s future on your own timetable. Circular driveway parking. Listing broker has an ownership interest in the property.
Property Overview
This is a 5-bedroom, 5-bath home of about 4416 square feet at 4560 Prairie Ave, Miami Beach FL 33140 (Miami Beach 33140), listed at $7,400,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $11,525 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $148,000/yr (≈ $12,333/mo); with the homestead exemption on a primary residence, about $147,000/yr (≈ $12,250/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 4560 Prairie Ave is $7,400,000. Fixtures and built-in appliances generally convey, along with the private fenced concrete heated pool and spa combo featuring automatic chlorination.
The MLS record does not state if the home is furnished; you must confirm which specific items convey. Distinguish these private assets from shared community amenities, which are available for confirmation upon request. Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 4560 Prairie Ave, Miami Beach FL 33140, situated within the coastal corridor of Miami Beach 33140. This 5bd/5ba residence offers approximately 4416 sqft of space and is listed at $7,400,000.
Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify specific location details.
What are the HOA / association fees, and what do they cover?
This is a single-family home with no mandatory HOA or association on record. The owner handles all utilities and property upkeep independently. The property remains subject to city ordinances, which are available at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances.
Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $11,525 (2025), but Florida reassesses at sale. As an ESTIMATE ONLY, at this price and a Miami-Dade rate near 2.0%, taxes are about $148,000/yr (≈ $12,333/mo) without homestead, or about $147,000/yr (≈ $12,250/mo) with the homestead exemption, which lowers taxable value only for a primary residence.
Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify.
Is the home in a flood zone, and what does that mean?
Flood zones indicate the probability of flooding in a specific area. You can find FEMA definitions and View the FEMA flood map for this address to see the designation for 4560 Prairie Ave. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify these details.
Are pets allowed?
As a single-family home, 4560 Prairie Ave has no condo or HOA board to dictate pet rules. Pets are permitted at the owner's discretion, provided they comply with city and county ordinances and any existing lease. Documented service animals and ESAs carry separate federal protections.
Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify these details.
How is the price set and is there room to negotiate?
The list price of $7,400,000 reflects current market conditions. Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026).
Specific valuation for this property comes from a CMA. I will provide a Miami Beach-specific CMA before you set an offer. Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 4560 Prairie Ave to ensure your financial position is clear. Consult a Florida Licensed Mortgage Loan Originator to finalize these terms. Contact Christopher Lazaro, Miami Beach Real Estate Broker Associate, to verify the details.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
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Address: Prairie Ave
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33140
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Area: NAUTILUS ADDN
Details
Updated on August 13, 2026 at 6:43 pm-
Property ID A11983954
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Price $7,400,000
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Property Size 4416 Sq Ft
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Bedrooms 5
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Room 0
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Bathrooms 5
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Garage 0
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Year Built 1949
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor, Vinyl
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Waterfront Features Ocean Access, Canal Front
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Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
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Cooling Ceiling Fan(s), Central Air, Electric
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Association Type None
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Building NAUTILUS ADDN
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Area Nautilus Addn
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Annual Tax 11525
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Association No
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Elementary School North Beach
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront Yes
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Full Bathrooms 5
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Subdivision NAUTILUS ADDN
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Restrictions No Restrictions
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Parking Circular Driveway, Driveway, Other
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Heating Central, Electric
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Structure Type House
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Tax Year 2025
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Construction CBS Construction
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Building Area 5164
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Covered Spaces 0
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Middle School Nautilus
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View Canal
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Year Built Details Resale
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High School Miami Beach
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Inclusions Unrestricted Salt Water Access
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Half Bathrooms 0
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Flood Zone AE
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New Construction No
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Garage Spaces 0
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Style WF/Pool/Ocean Access
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Lot Size (Sq Ft) 12151
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Membership Purchase Required No
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