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Sold for $36,000,000
  • $36,000,000

    2511 Lake Ave, Miami Beach, FL 33140

    7beds
    8,323sqft
    Single Family Residence
    Built in 1987
    0.59 Acres Lot
    $36,650,100 Zestimate®
    $4,325/sqft
    $205,436 Estimated rent

    Home value

    $36,650,100

    $30.79M - $43.61M

    $205,436/mo

    Zestimate® history
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    What's special

    Private dockOld spanish homeHalf basketball courtTropical pathwaysMarble countertopsGourmet kitchen
    Nestled on prestigious Sunset Island II, lush, tropical pathways lead to this luxurious estate, a serene haven of contemporary design. With the masterful touch of renowned architect Walter Chatham & interior designer Julie Hillman, this Old Spanish home has been meticulously transformed into an oasis. The principal bathroom was designed by the late iconic architect, Zaha Hadid. Boasting 163’ of WF, the 2-story home sits on a 25,769 SF lot. Gourmet kitchen is a chef's dream w/ La Cornue wall rotisserie, Miele wall oven, Wolf gas range & marble countertops. The outdoors feature a heated pool, half basketball court, private dock & dining spaces. The estate also has a detached guest house & 2-car garage. Recognized in Architectural Digest, it's one of South Florida's most sought-after estates.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jill Hertzberg 305-788-5455,

    Coldwell Banker Realty,

    Jill Eber 305-915-2556,

    Coldwell Banker Realty

    Bought with:

    Jill Hertzberg, 0551544

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A11335920MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 10
    • Full bathrooms: 8
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Den/Library/Office, Family Room, Media Room, Recreation Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Dryer, Ice Maker, Microwave, Other, Gas Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Built-in Features, Kitchen Island, Entrance Foyer, Other, Pantry, Walk-In Closet(s)
    • Flooring: Other, Tile, Wood
    Interior area
    • Total structure area: 9,196
    • Total interior livable area: 8,323 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry,Foyer
    • Patio & porch: Patio
    • Exterior features: Lighting, Other
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Lake, Pool
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Ocean Access, Waterfront, WF/Pool/Ocean Access
    • Frontage length: 163
    Lot
    • Size: 0.59 Acres
    • Features: 1/2 To Less Than 3/4 Acre Lot
    Details
    • Additional structures: Guest House
    • Parcel number: 0232270100120
    • Zoning: 2100
    • Other equipment: Other

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Curved/S-Tile Roof
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Gated, Other, Security Patrol, Other Subdiv/Park Info
    • Subdivision: Sunset Lake Extension
    HOA
    • Has HOA: Yes
    • HOA fee: $2,500 annually
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $4,325/sqft
    • Tax assessed value: $25,763,440
    • Annual tax amount: $48,313
    • Date on market: 1/31/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    9/22/2023Sold$36,000,000-8.9%$4,325/sqft
    Source: MIAMI #A11335920 Report a problem
    8/1/2023Pending sale$39,500,000$4,746/sqft
    Source: MIAMI #A11335920 Report a problem
    7/11/2023Contingent$39,500,000$4,746/sqft
    Source: MIAMI #A11335920 Report a problem
    6/2/2023Price change$39,500,000-12.2%$4,746/sqft
    Source: MIAMI #A11335920 Report a problem
    2/2/2023Listed for sale$45,000,000+3296.2%$5,407/sqft
    Source: MIAMI #A11335920 Report a problem
    6/16/1997Sold$1,325,000$159/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$483,325 +4.8%$25,763,440 +5%
    2024$461,245 +784.3%$24,545,658 +776.2%
    2023$52,158 +3.6%$2,801,287 +3%
    2022$50,326 +0.3%$2,719,697 +3%
    2021$50,193 +1.1%$2,640,483 +1.4%
    2020$49,623 +2.2%$2,604,027 +2.3%
    2019$48,537 +5.1%$2,545,481 +1.9%
    2018$46,201 $2,498,019 +2.1%
    2017$46,201 +0.8%$2,446,640 +2.1%
    2016$45,814 +26.2%$2,396,318 +28%
    2015$36,299 -1.7%$1,872,561 +0.8%
    2014$36,927 -1.5%$1,857,700 +18.9%
    2013$37,479 +0%$1,562,314 -16.5%
    2012$37,479 +1.9%$1,871,128 +3%
    2011$36,768 -4.7%$1,816,630 +1.5%
    2010$38,597 +10.2%$1,789,784 +2.7%
    2009$35,021 +4.2%$1,742,731 +4.7%
    2007$33,596 -12.2%$1,665,283
    2006$38,268 --
    2005$38,268 +1.1%--
    2004$37,846 +3.1%--
    2003$36,726 +32.9%--
    2002$27,627 --
    2001$27,627 --
    Find assessor info on the county website

    Neighborhood: Bayshore

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $36,650,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $36,650,100