7940 West Drive, Miami FL 33141 | Miami-Dade County | A11981082
- $12,965,000
- Condominium
- 4
- 4.5
- 1
- 4818 Sq Ft
- $12,965,000
Description
Welcome to the first-ever Pagani Residences in the world. With only 70 bespoke residences, this corner expansiveunit has an oversized 270-degree wraparound terrace and stunning water views. Residence comes with privateelevator, foyer entrance, 11-ft ceilings, floor to ceiling glass throughout, and 10-ft kitchen islands. Premium ItalianSchiffini custom kitchens, Listone Giordano selection of flooring, Gagganeau top chef’s appliance package,customization and unique designs available. Ultra-luxury amenities include rooftop pool, jacuzzi, hot/cold plunge,chef’s station, wellness fitness and spa with incredible views, business center, lounge, social areas, private garageengineered like a private car collectors club, and more.
Property Overview
This is a 4-bedroom, 4.5-bath condominium of about 4818 square feet at 7940 West Drive, Miami FL 33141 (Miami 33141), listed at $12,965,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $8,432.
As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $259,300/yr (≈ $21,608/mo); with the homestead exemption on a primary residence, about $258,300/yr (≈ $21,525/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 7940 West Drive is $12,965,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the property is furnished; you must confirm which specific items convey.
Do not confuse home inclusions with shared HOA amenities, which include the pool, spa/hot tub, sauna, exercise room, library, business center, community room, barbecue area, and elevators. Contact Christopher Lazaro, Miami Real Estate Expert, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 7940 West Drive, Miami FL 33141, positioned within a coastal corridor. This location places the residence in the 33141 zip code of Miami.
Contact Christopher Lazaro, Miami Real Estate Expert, to verify specific location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $8,432. This payment covers all amenities, cable Tv, manager, parking, pool service, security, sewer, trash removal, and water.
The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Expert, to verify these details.
What are the property taxes and homestead implications?
As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $259,300/yr (≈ $21,608/mo); with the homestead exemption on a primary residence, about $258,300/yr (≈ $21,525/mo). Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional because these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Expert, to verify these figures.
Is the home in a flood zone, and what does that mean?
Flood zones designate areas with different levels of risk for flooding. You can find official definitions at https://www.fema.gov/glossary/flood-zones and View the FEMA flood map for this address. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Miami Real Estate Expert, to verify the specific requirements for this property.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions). We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules apply if a documented service animal or ESA is involved.
Contact Christopher Lazaro, Miami Real Estate Expert, to verify these details.
How is the price set and is there room to negotiate?
The list price is $12,965,000. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).
The specific valuation for this property comes from a CMA. I will provide a Miami-specific CMA before you set an offer. Contact Christopher Lazaro, Miami Real Estate Expert, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval before touring 7940 West Drive. You should speak with a Florida-licensed MLO to establish your buying power for this $12,965,000 property.
Contact Christopher Lazaro, Miami Real Estate Expert, to verify these requirements.
Monthly Fees & Carrying Costs
| Association Fee | $8,432 / month |
| Total Monthly Fees | $8,432 / month |
- Membership Required: No
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: West Drive
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33141
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Area: PAGANI RESIDENCES
Details
Updated on August 13, 2026 at 1:41 pm-
Property ID A11981082
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Price $12,965,000
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Property Size 4818 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 4.5
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Garage 1
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Year Built 2028
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Ceramic Floor, Wood
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Bedroom Features Other
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Cooling Central Air
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Association Type Condo
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Building Pagani Residences
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Association Fee Frequency Monthly
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Area Pagani Residences
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Annual Tax 0
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Association Yes
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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 4
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Subdivision Pagani Residences
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Total Stories 30
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Restrictions Daily Rentals Allowed
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Maintenance Includes All Amenities, Cable Tv, Manager, Parking, Pool Service, Security, Sewer, Trash Removal, Water
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Amenities Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Library, Pool, Sauna, Spa/Hot Tub
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Parking 1 Space, Valet
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Construction CBS Construction
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Building Area 6584
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Covered Spaces 1
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Unit Floor 26
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Frontage Bay
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View Bay, Other View, Water View
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Year Built Details Under Construction
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Pets Allowed Yes
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Attached Yes
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Unit Number SR02
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Inclusions Other
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Half Bathrooms 1
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 8432
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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