SUNSET LAKE EXTENSION

2511 Lake Ave, Miami Beach FL 33140

7 beds · 8.5 baths · 8,323 ft²

Closed

$39,500,000

12.22%

Est. Payment $210,236/mo

MLS Sheet Video

Bedrooms

8.5

Bathrooms

8,323

Sq. Ft.

1987

Year Built

Garage

161

Days on Market

Description

Nestled on prestigious Sunset Island II, lush, tropical pathways lead to this luxurious estate, a serene haven of contemporary design. With the masterful touch of renowned architect Walter Chatham & interior designer Julie Hillman, this Old Spanish home has been meticulously transformed into an oasis. The principal bathroom was designed by the late iconic architect, Zaha Hadid. Boasting 163’ of WF, the 2-story home sits on a 25,769 SF lot. Gourmet kitchen is a chef's dream w/ La Cornue wall rotisserie, Miele wall oven, Wolf gas range & marble countertops. The outdoors feature a heated pool, half basketball court, private dock & dining spaces. The estate also has a detached guest house & 2-car garage. Recognized in Architectural Digest, it's one of South Florida's most sought-after estates.

Facts

MLS#: A11335920
Subdivision: SUNSET LAKE EXTENSION
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1987
Lot Size: 25,769 ft²
Sq. Ft.: 8,323 ft²
Sq. Mt.: 773 m²
Price per sq. ft.: $4,746/ft²
Price per sq. mt.: $51,100/m²
Stories: —
Garage: 2 spaces
Pool: —
Days on Market: 161 days
Listed: Jan 31, 2023
Last Updated: Sep 23, 2023
Price/Lot Sq.Ft.: $1,533/ft²

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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

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).

9/23/2023	Sold	$39,500,000
6/2/2023	Price change	$39,500,000-12.2%
1/31/2023	Listed for sale	$45,000,000

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

Location

2511 Lake Ave, Miami Beach FL 33140Directions

GreatSchools Summary Ratings

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

Pinecrest Academy Charter Middle School
6,7,8 · charter · 0.2 mi
Pinecrest Preparatory Academy Charter High School
9,10,11,12 · charter · 0.2 mi
Kids Adventure Learning Center
PK,KG,1,UG · private · 0.3 mi
Noah's Ark Learning Center
PK,KG · private · 0.4 mi
G. Holmes Braddock Senior High School
PK,9,10,11,12 · public · 0.4 mi
Pinecrest Preparatory Academy
KG,1,2,3,4,5 · charter · 0.5 mi
Ethel Koger Beckham Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Academir Charter School West
KG,1,2,3,4,5,6,7,8 · charter · 0.8 mi
Jane S. Roberts K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
Zelda Glazer Middle School
PK,6,7,8,9,10,11,12 · public · 1.0 mi

Estimated Monthly Payment

$243,302/mo

Principal & Interest

$210,236

Property Tax

$32,917

Insurance

$150

HOA

Down Payment20% ($7,900,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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