FLAMINGO TERRACE SUB

Miami Beach, FL 33140

8 beds · 8.5 baths · 7,081 ft²

Closed

$55,000

8.33%

Est. Payment $293/mo

MLS Sheet Video

8

Bedrooms

8.5

Bathrooms

7,081

Sq. Ft.

2020

Year Built

2

Garage

2

Stories

132

Days on Market

Description

Looking for the perfect Miami rental? This is it. Enjoy proximity to the beach and boardwalk (only 6 minute walk) as well as many great restaurants at Faena, Edition, 1 Hotel, SoHo House and more. On a 25,850 sf lot with 235 ft of waterfrontage, and a tropical modern interior design, this home has it all. Featuring a large kitchen with walk-in-pantry and wet bar, family room, dining room, living room, ground floor and second floor master suites, full gym equipped with Peloton treadmill and bicycle, 150 sf wine cellar, 1,500 sf roof deck with large summer kitchen, 35 ft 7 ft deep heated pool, kids play room, 2 car garage, 150 ft long driveway and estate quality specimen trees and plantings. Available for immediate or winter occupancy. Smart home with Control4 complete system.

Facts

MLS#
A10877398
Subdivision
FLAMINGO TERRACE SUB
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
2020
Lot Size
25,850 ft²
Sq. Ft.
7,081 ft²
Sq. Mt.
658 m²
Price per sq. ft.
$8/ft²
Price per sq. mt.
$84/m²
Stories
2
Garage
2 spaces
Pool
Private
Days on Market
132 days
Listed
Jun 19, 2020
Last Updated
Oct 30, 2020
Price/Lot Sq.Ft.
$2/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

72

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

10/30/2020Sold$55,000
8/19/2020Price change$55,000-8.3%
6/19/2020Listed for sale$60,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

Miami Beach, FL 33140Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$183,333

gross income / month to qualify

Monthly rent$55,000
Required annual income$2,200,000
Security deposit (est.)$55,000
Move-in cost (1st + last + security)$165,000

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami Beach around $55,000.

Call NowWhatsApp