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Off market
  • $3,279,000

    106 W 4th Ct, Miami Beach, FL 33139

    3beds
    2,400sqft
    SingleFamily
    Built in 1945
    9,500 Square Feet Lot
    $3,279,000 Zestimate®
    $1,366/sqft
    $7,720 Estimated rent

    Home value

    $3,279,000

    $2.85M - $3.77M

    $7,720/mo

    Zestimate® history
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    $22,675/mo

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    $22,675/mo

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    What's special

    Generous lot dimensionsExpansive lotHigh-value lotLush tropical surroundings

    Exclusive Island Investment Opportunity – Prime Rebuild Lot in Miami Beach Located on one of Miami Beach’s most prestigious and private islands, this 1988-built home sits on a high-value lot with significant redevelopment potential. Surrounded by high-end new construction and record-breaking sales, this property offers a rare opportunity to capitalize on the ongoing demand for ultra-luxury homes in one of South Florida’s most desirable markets. With generous lot dimensions and favorable zoning, this is the perfect site for a modern luxury estate, spec home, or long-term investment. The existing structure provides flexibility for renovation or teardown, depending on your vision and return strategy. Investment Highlights: Blue-chip location on exclusive, guard-gated island High resale potential in a luxury-driven market Ideal lot for new construction or high-end flip Proximity to top-tier amenities, marinas, and beaches Surrounded by multimillion-dollar new developments A true value-add opportunity in an irreplaceable location. ?? For End-User Buyers: Private Island Living – Reimagine or Rebuild Your Dream Estate Tucked away on one of Miami Beach’s most coveted private islands, this classic 1988 residence invites you to create your dream home in a setting of prestige, privacy, and potential. Set on an expansive lot with lush tropical surroundings, this is a rare chance to reimagine island living to your taste. Enjoy 24/7 security, access to elite neighbors, and the charm of a well-established community just minutes from the best of Miami. Whether you renovate or rebuild, this property offers the space and setting to design a custom retreat that reflects your lifestyle. Property Highlights: Prime location on a gated, ultra-exclusive Miami Beach island Expansive lot ideal for custom estate or total transformation Quiet, private street with high-end neighboring estates Short drive to South Beach, Bal Harbour, and Design District A unique opportunity to craft your legacy property Make your mark in one of Miami’s most iconic addresses.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • First Floor Entry, Walk-In Closets, Built-Ins, Pantry, Wet Bar, 3 Bedroom Split, Custom Mirrors
    • Flooring: Tile, Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 2,400 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    Features
    • Exterior features: Other
    Lot
    • Size: 9,500 Square Feet
    Details
    • Parcel number: 0232320050530

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • concrete
    • Roof: Other
    Condition
    • Year built: 1945

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $41 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,366/sqft
    • Tax assessed value: $2,812,216
    • Annual tax amount: $48,354

    Price history

    DateEventPrice
    5/19/2025Listing removed--
    Source: Owner Report a problem
    5/12/2025Listed for sale$3,500,000+79.5%$1,458/sqft
    Source: Owner Report a problem
    5/31/2021Sold$1,950,000-11%$813/sqft
    Source: MIAMI #A10979850 Report a problem
    2/11/2021Contingent$2,190,000$913/sqft
    Source: MIAMI #A10979850 Report a problem
    1/11/2021Listed for sale$2,190,000$913/sqft
    Source: The Agency Florida #A10979850 Report a problem
    10/1/2020Listing removed$2,190,000$913/sqft
    Source: The Agency Florida #A10158511 Report a problem
    4/14/2015Price change$2,190,000+37.3%$913/sqft
    Source: Miami Beach #A1999856 Report a problem
    4/10/2015Price change$1,595,000-27.2%$665/sqft
    Source: Keyes Real Estate, Mortgage, Title - Miami Beach #A1620713 Report a problem
    9/4/2014Listed for sale$2,190,000$913/sqft
    Source: Keyes - Miami Beach #A1999856 Report a problem
    6/26/2014Listing removed$2,190,000$913/sqft
    Source: The Keyes Company #A1765434 Report a problem
    4/22/2014Price change$2,190,000+12.4%$913/sqft
    Source: The Keyes Company #A1765434 Report a problem
    6/30/2013Price change$1,949,000+11.4%$812/sqft
    Source: Keyes Company Realtors #A1765434 Report a problem
    4/23/2013Price change$1,750,000+9.7%$729/sqft
    Source: Keyes Company Realtors #A1765434 Report a problem
    3/24/2012Listed for sale$1,595,000+145.8%$665/sqft
    Source: Keyes Company Report a problem
    12/10/2011Listing removed$649,000$270/sqft
    Source: Majestic Properties Report a problem
    12/31/2010Sold$649,000$270/sqft
    Source: Public Record Report a problem
    7/12/2010Price change$649,000-3%$270/sqft
    Source: Keller Williams Realty Miami Beach #M1364126 Report a problem
    5/6/2010Price change$669,000-4.3%$279/sqft
    Source: Miami Beach Realty LLC d/b/a Keller Williams Miami Beach Realty #M1364126 Report a problem
    3/31/2010Price change$699,000-6.7%$291/sqft
    Source: Miami Beach Realty LLC d/b/a Keller Williams Miami Beach Realty #M1364126 Report a problem
    2/8/2010Price change$749,000-6.3%$312/sqft
    Source: Miami Beach Realty LLC d/b/a Keller Williams Miami Beach Realty #M1364126 Report a problem
    1/18/2010Price change$799,000-6%$333/sqft
    Source: Miami Beach Realty LLC d/b/a Keller Williams Miami Beach Realty #M1364126 Report a problem
    11/9/2009Listed for sale$850,000$354/sqft
    Source: Luxury Living Realty #d1366705 Report a problem
    2/18/2009Listing removed$850,000$354/sqft
    Source: Number1Expert #D1312952 Report a problem
    2/14/2009Price change$850,000-22%$354/sqft
    Source: Number1Expert #D1312952 Report a problem
    3/17/2008Listed for sale$1,090,000+48.3%$454/sqft
    Source: Number1Expert #D1257270 Report a problem
    9/10/2003Sold$735,000+172.2%$306/sqft
    Source: Public Record Report a problem
    4/6/1995Sold$270,000$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$48,354 +5.3%$2,202,866 +10%
    2024$45,905 +14.7%$2,002,606 +10%
    2023$40,032 +17.7%$1,820,551 +10%
    2022$34,021 +153.7%$1,655,047 +170.6%
    2021$13,412 +1%$611,727 +1.4%
    2020$13,281 +1.9%$603,282 +2.3%
    2019$13,029 +5%$589,719 +1.9%
    2018$12,411 $578,724 +2.1%
    2017$12,411 -1.7%$566,821 +2.1%
    2016$12,628 +8.3%$555,163 +0.7%
    2015$11,656 -2.2%$551,304 +0.8%
    2014$11,921 +3.4%$546,929 +1.5%
    2013$11,533 +0%$538,847 +1.7%
    2012$11,533 +2.2%$529,840 +3%
    2011$11,289 -20.1%$514,408 -11%
    2010$14,129 -18.7%$578,190 -25.7%
    2009$17,383 -20.4%$777,711 -23.7%
    2007$21,828 +41.9%$1,019,712
    2006$15,381 --
    2005$15,381 +17.9%--
    2004$13,051 +90.9%--
    2003$6,837 +0.7%--
    2002$6,788 --
    2001$6,788 --
    Find assessor info on the county website

    Neighborhood: Hibiscus Island

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: South Pointe
    • Middle: Nautilus
    • High: Miami Beach
    • District: DADE

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $3,279,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,279,000