4560 Prairie Ave

Miami Beach, FL 33140

$7,400,000

$1,676/ft²

5Beds

5Baths

4,416Sq ft

1949Year built

Single-family homeType

About this home

A rare opportunity to acquire a substantial waterfront property in the heart of Miami Beach. Set on an approximately 12,151-square-foot lot with approximately 65 feet on the Biscayne Waterway, the property combines a spacious existing residence with the long-term value of a large waterfront site. The one-story, 4,416-square-foot home offers five bedrooms and five full bathrooms, expansive interconnected living and entertaining areas, several distinct gathering spaces, a large kitchen, generous utility room, pool, spa and broad waterfront yard. The residence is available for immediate use, allowing a purchaser to enjoy the property without first undertaking a construction project. Longer term, the site provides the opportunity to create a custom waterfront home if and when desired. Circular driveway parking and an east-facing street frontage complete an increasingly scarce Miami Beach offering. Listing broker has an ownership interest in the property.

Features

Waterfront

Property details

Listing

MLS #: A11983954
Status: For sale
Listed on: Mar 16, 2026
Days on market: 147 days
Listing data updated: Aug 5, 2026

Interior

Beds: 5
Baths: 5
Living area: 4,416 ft²
Price per ft²: $1,676/ft²

Building & community

Type: Single-family home
Year built: 1949
County: Miami-Dade

Lot & exterior

Lot size: 12,151 ft²
Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

True monthly cost

Mortgage (principal & interest): $37,418
Property taxes (est.): $6,783
Home insurance (est.): $600
Flood insurance (est.): —

Estimated total$44,801*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?