2520 Shelter Ave, Miami Beach, FL 33140 — MLS photo

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2520 Shelter Ave, Miami Beach, FL 33140

Active · SingleFamilyResidence

$19,750,000

2520 Shelter Ave, Miami Beach, FL 33140

Beds
6
Baths
7
Living area
5,768 sq ft
$ / sq ft
$3,424/sq ft
Year built
2026
Lot size
12,000 sq ft
HOA fee
$208 Monthly
Annual tax
$61,923

About this property

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 (+ a small employee room) and 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: Square footage is approximate and should be independently verified by the buyer and the buyer's representatives.

Property location

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2520 Shelter Ave, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
6
Bathrooms
7
Living area
5,768 sq ft
Flooring
Hardwood, Other, Parquet, Tile, Wood
Appliances
Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Built In Features, Bedroom On Main Level, Closet Cabinetry, First Floor Entry, High Ceilings, Walk In Closets, Elevator

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2026
Lot size
12,000 sq ft
Architectural style
Contemporary Modern, Two Story
Roof
Concrete, Other
Exterior features
Deck, Security High Impact Doors, Outdoor Grill
Pool
In Ground, Pool
View
Other, Pool

Parking

Garage spaces
4
Covered spaces
4
Parking features
Covered, Driveway

HOA, Community & Financials

Association fee
$208 Monthly
Security
Gated Community
Annual tax
$61,923
Subdivision
SUNSET ISLANDS-ISLAND NO
County
Miami-Dade
Days on market
156
MLS listing ID
A12017103
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$52,289

Cap rate
2.5%
Net yield
2.5%
Cash-on-cash return
-11.3%
Gross yield
3.9%
Mortgage payment
$93,625/mo
Down payment
$4,937,500
Loan amount
$14,812,500
Annual NOI
$496,037

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.