SUNSET ISLANDS-ISLAND NO

2500 Lake Ave, Miami Beach FL 33140

4 beds · 4 baths · 3,663 ft²

Closed

$6,995,000

Est. Payment $37,230/mo

MLS Sheet Video

Bedrooms

Bathrooms

3,663

Sq. Ft.

1941

Year Built

Garage

Days on Market

Description

Embrace classic coastal elegance in the heart of Miami Beach. This 4 beds, 4 baths Palm Beach-inspired colonial estate was masterfully designed by acclaimed architect Russell Pancoast, sits on a prized corner lot in exclusive Sunset Island II. The home blends classic elegance with modern comfort - featuring terrazzo floors, Art Deco details, and a grand curved staircase. The gourmet kitchen offers a marble island, top-tier appliances, a cozy breakfast nook, and a dedicated prep area—seamlessly flowing into a spacious TV lounge and office alcove. Elevated on the 2nd floor, the sunlit primary suite captures tranquil garden views, offering a serene private escape. Outdoors, enjoy a coral stone-framed pool, expansive patio, charming guest house, 2-car garage, and dual entrances.

Facts

MLS#: A11821800
Subdivision: SUNSET ISLANDS-ISLAND NO
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1941
Lot Size: 12,500 ft²
Sq. Ft.: 3,663 ft²
Sq. Mt.: 340 m²
Price per sq. ft.: $1,910/ft²
Price per sq. mt.: $20,574/m²
Stories: —
Garage: 2 spaces
Pool: —
Days on Market: 56 days
Listed: Jun 16, 2025
Last Updated: Oct 7, 2025
Price/Lot Sq.Ft.: $560/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).

10/7/2025	Sold	$6,995,000
6/16/2025	Listed for sale	$6,995,000

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

Location

2500 Lake Ave, Miami Beach FL 33140Directions

GreatSchools Summary Ratings

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

Montessori School Of North Miami
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Montessori School Of North Miami
PK,KG,1,2,3,4,5,6 · private · 0.5 mi
Montessori Achievement Center
2,3,4,5 · private · 0.5 mi
Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.5 mi
Advance Christian Academy
PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
Bethany Covenant School
PK,KG,1,2,3,4 · private · 0.6 mi
St Rose Of Lima School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Amazing Learning Academy
PK,KG · private · 0.7 mi
Miami Country Day School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi

Estimated Monthly Payment

$43,209/mo

Principal & Interest

$37,230

Property Tax

$5,829

Insurance

$150

HOA

Down Payment20% ($1,399,000)

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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