SUNSET ISLANDS-ISLAND NO 3
1420 W 23rd St, Miami Beach FL 33140
9 beds · 9.5 baths · 10,791 ft²
$495,000
Est. Payment $2,635/mo
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
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).
| 7/13/2026 | Listed 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
Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$1,650,000
gross income / month to qualify
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.
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 $495,000.

