Atlantic Luxury Advisors
3121 Prairie Ave photo 13121 Prairie Ave photo 23121 Prairie Ave photo 33121 Prairie Ave photo 43121 Prairie Ave photo 5

8 photos

3121 Prairie Ave

Miami Beach, FL 33140

$3,950,000
4
3
2,405 sq ft
14,100 sq ft
1950
Single Family Residence
2
Active

Listing courtesy of Compass Florida, LLC (Sam Kafin). Contact: [email protected].

About this home

RARE 14,100 SF OVERSIZED LOT WITH ESTATE POTENTIAL IN PRIME MIAMI BEACH LOCATION — An exceptional opportunity to build a new approximately 7,000 SF estate on a rare 14,100 SF lot measuring 75' x 188' in one of Miami Beach’s most desirable residential neighborhoods. The expansive parcel offers ample room for a spectacular custom residence, with the potential for rooftop views overlooking the Miami Beach Golf Course and Downtown Miami. Additionally, this lot can be combined with the adjacent lot (MLS# A1207124) for a 20,250 sf one of a kind compound! Ideally located near multiple houses of worship, the newly developed Bayshore Park, and the Scott Rakow Youth Center, while offering easy access to the beach, shopping, dining, and recreation. A truly spectacular opportunity to create a substantial Miami Beach estate in a highly sought-after location. Call Listing Brokers for more information.

What it costs to own
Estimated monthly payment
$28,463/mo
Principal and interest
$19,973
Property tax
$6,023
Homeowners insurance
$2,467
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$72,274/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.