2535 Sunset Dr, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

2535 Sunset Dr, Miami Beach, FL 33140

Active · SingleFamilyResidence

$9,250,000

2535 Sunset Dr, Miami Beach, FL 33140

Beds
4
Baths
5
Living area
3,952 sq ft
$ / sq ft
$2,341/sq ft
Year built
1939
Lot size
12,500 sq ft
HOA fee
—
Annual tax
—

About this property

Bring your architect and builder. A rare opportunity to create a new custom residence on guard-gated Sunset Island No. II, or restore and reimagine one of the island’s most historically significant homes. Built in 1939, this Arthur Laidler-Jones designed residence was one of the first four homes built on Sunset Island No. II and retains many original architectural details. Historic photographs commissioned upon completion by renowned architectural photographers Gottscho-Schleisner are preserved in the permanent collection of the Library of Congress. Set on a 100 x 125-foot lot overlooking a park, the property offers 3,952 square feet with four bedrooms and four and a half baths, plus a private walled backyard. Treasured by the same family for nearly 50 years, the property presents an exceptional opportunity for new construction, restoration, or a complete reimagining. Minutes from Sunset Harbour, Lincoln Road, and South Beach, 2535 Sunset Drive combines an exceptional island location, privacy, architectural history, and the opportunity to create something truly special.

Property location

Get Directions

2535 Sunset Dr, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,952 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1939
Lot size
12,500 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12025539
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

-$34,595

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
4.2%
Mortgage payment
$43,850/mo
Down payment
$2,312,500
Loan amount
$6,937,500
Annual NOI
$111,051

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