SUNSET ISLANDS-ISLAND NO 3

1420 W 23rd St, Miami Beach FL 33140

9 beds · 9.5 baths · 10,791 ft²

For Sale · Active Listing

$495,000

Est. Payment $2,635/mo

MLS Sheet Video

9

Bedrooms

9.5

Bathrooms

10,791

Sq. Ft.

2025

Year Built

13

Garage

44

Days on Market

Description

Introducing Sunset Estates, an exceptional opportunity to lease one of Miami Beach’s most extraordinary waterfront compounds. Located within the prestigious guard-gated Sunset Islands III, just moments from Sunset Harbour, this remarkable estate spans over 32,000 SF with 187 feet of combined waterfront. Designed by renowned architect Kobi Karp, the estate features a spectacular primary residence and a detached guest residence, creating a truly unmatched private compound. Surrounded by lush landscaping, an Olympic-length lap pool, spa, and expansive outdoor living areas, the homes blend sophisticated contemporary architecture with seamless indoor-outdoor living. The primary residence offers 6 bedrooms, 6 full bathrooms, 2 half bathrooms, a private office, family room, bar, elevator, smart home technology, and a gated covered motor court for 10+ vehicles. The detached guest residence, completed in 2025, features 2 bedrooms, 2.5 bathrooms, a full kitchen, waterfront gym, conference lounge, laundry room, and a private double-height garage. A rare leasing opportunity for those seeking exceptional privacy, scale, and an unparalleled waterfront lifestyle in one of Miami Beach’s most exclusive gated communities.

Facts

MLS#
A12052887
Subdivision
SUNSET ISLANDS-ISLAND NO 3
Property Type
Residential Lease
Property Sub Type
Single Family Residence
Year Built
2025
Lot Size
32,845 ft²
Sq. Ft.
10,791 ft²
Sq. Mt.
1,003 m²
Price per sq. ft.
$46/ft²
Price per sq. mt.
$494/m²
Stories
—
Garage
13 spaces
Pool
—
Days on Market
44 days
Listed
Jul 13, 2026
Last Updated
Aug 26, 2026
Price/Lot Sq.Ft.
$15/ft²

Market insights for Miami Beach

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

Sellers market

October 2026

100/100
Buyers marketSellers market

71

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).

7/13/2026Listed for sale$495,000

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

Location

1420 W 23rd St, Miami Beach FL 33140Directions

Affordability

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

$1,650,000

gross income / month to qualify

Monthly rent$495,000
Required annual income$19,800,000
Security deposit (est.)$495,000
Move-in cost (1st + last + security)$1,485,000

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

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