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201 Aqua Ave #PH4
Miami Beach, FL 33141
Listing courtesy of Compass Florida, LLC. Contact: [email protected].
Rare penthouse living at Aqua, one of Miami Beach’s most coveted private island communities. PH4 offers a unique combination of privacy, scale, and spectacular views, with expansive water and city vistas throughout the residence. The first level features **two oversized bedrooms, each with an en-suite bathroom**, along with an open kitchen with a breakfast nook and a gracious living area designed to take full advantage of the surrounding views. Upstairs, a flexible office space offers the option to create an additional bedroom, complemented by a full bathroom on the same level. From there, step out onto the penthouse’s true showpiece: its exclusive private rooftop terrace. This one-of-a-kind outdoor retreat offers sweeping 360 degree views across the Miami Beach skyline and all the way to Downtown Miami. Whether entertaining against the backdrop of the city lights, enjoying sunset cocktails, or simply relaxing above it all, the private rooftop delivers an experience rarely found in Miami Beach condo living. Set within the gated Aqua community, residents enjoy an exceptional collection of amenities, including two swimming pools, a fully equipped fitness center and spa, BBQ areas, and a resident lounge, all within a private island setting.
- Principal and interest
- $8,490
- Property tax
- $2,524
- Homeowners insurance
- $1,050
- HOA
- $5,108
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.
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.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
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.
Spear At Aqua, A Condo was built in 2004, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2034. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
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 Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.

















