21 days on rocket

2500 Lake Ave, Miami Beach, FL, 33140

$7,750,000

4 Bedrooms
4 Full Baths
3,908 SqFt
$1,983/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage2 spaces
Year Built1941
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11685838
StatusActive

About 2500 Lake Ave

This iconic Palm Beach-inspired Colonial 4-bed/4-bath estate by renowned architect Russell Pancoast, occupies a prime corner lot on coveted Sunset Island II. Inside, discover a world of timeless elegance: terrazzo floors, Art Deco flourishes, and a grand curved staircase. The gourmet kitchen with top-of-the-line appliances has a striking marble island, cozy breakfast nook, and adjacent prep area, effortlessly opening to a generous TV lounge and office alcove. Upstairs, the sunlit primary suite offers a serene retreat overlooking the gardens. Outside, a coral stone-framed pool, spacious patio, and charming cabana house create a private oasis. Located near Sunset Harbour, this impressive residence features a two-car garage and dual entrances, offering a blend of practicality and elegance.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 1941
  • Stories: 2
  • Living Area: 3,908 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Billy Hernandez

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Flooring Type: Terrazzo, Wood
  • Interior: Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Upper Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Awning(s), Balcony, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 2500 Lake Ave
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,750,000
  • Price Per SqFt: $1,983/SqFt

HOA Fees:

  • Amount: $3500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $29,112
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

2500 Lake Ave vs Miami Beach

21 DAYS ON ROCKET

-80 Days

$7,750,000

+$7.1M More

$1,983/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $7.1M more than the Median Sold Price and $1.3K/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11685838

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Billy Hernandez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 4:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$29,112$1,544,563
2018$27,090$1,481,685
2017$26,858$1,451,210

History based on county public records data.

Payment Calculator

$39K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.3K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-804235
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-804236
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.24 miles

  • Public District Grades PK-5

school-card-donut-804237
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 1.98 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $111,429. Most Miami Beach, FL residents have annual incomes between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2500 Lake Ave

What is the listing price of this property?

The listing price of 2500 Lake Ave property is $7,750,000.

What type of property is this?

The property 2500 Lake Ave is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 2500 Lake Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $29,112 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2500 Lake Ave has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 2500 Lake Ave is 3,908 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2500 Lake Ave is 1941.
Rocket Homes logo

Interested in 2500 Lake Ave? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesFloridaMiami-Dade CountyMiami Beach331402500 Lake Ave

This home is located at 2500 Lake Ave in Miami Beach, FL and zip code 33140 in the Bayshore neighborhood. This 3,908 square foot home was built in 1941. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $7,750,000.

Miami Beach, FL housing market in October 2024 saw over 6 listings sold above listed price, more than 9 sold at listed price and over 77 sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. In October 2024 median list price was $604,583 and the average listing age was 101 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources