2500 Lake Ave Miami Beach, FL 33140
Bayshore NeighborhoodEstimated payment $41,811/month
Total Views
13,853
4
Beds
4
Baths
3,908
Sq Ft
$1,790
Price per Sq Ft
Highlights
- In Ground Pool
- Gated Community
- Main Floor Bedroom
- North Beach Elementary School Rated A-
- Wood Flooring
- Garden View
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,621
Year Built
- Built in 1941
Lot Details
- 0.29 Acre Lot
- East Facing Home
- Property is zoned 0800
HOA Fees
- $292 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Open Parking
Home Design
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,908 Sq Ft Home
- 2-Story Property
- Built-In Features
- Awning
- Formal Dining Room
- Garden Views
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Dishwasher
- Cooking Island
Flooring
- Wood
- Terrazzo
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Primary Bedroom Upstairs
- In-Law or Guest Suite
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- In Ground Pool
- Balcony
- Porch
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 02-32-28-001-0770
Community Details
Overview
- Club Membership Required
- Sunset Islands Island No Subdivision
Security
- Security Service
- Gated Community
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $30,621 | $1,711,412 | -- | -- |
| 2023 | $30,621 | $1,661,566 | $0 | $0 |
| 2022 | $29,536 | $1,613,171 | $0 | $0 |
| 2021 | $29,450 | $1,566,186 | $0 | $0 |
| 2020 | $29,112 | $1,544,563 | $0 | $0 |
| 2019 | $28,468 | $1,509,837 | $0 | $0 |
| 2018 | $27,090 | $1,481,685 | $0 | $0 |
| 2017 | $26,858 | $1,451,210 | $0 | $0 |
| 2016 | $26,821 | $1,421,362 | $0 | $0 |
| 2015 | $27,164 | $1,411,482 | $0 | $0 |
| 2014 | $27,633 | $1,400,280 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $6,995,000 | -6.7% | $1,790 / Sq Ft |
| 12/19/2024 12/19/24 | Price Changed | $7,500,000 | -3.2% | $1,919 / Sq Ft |
| 11/01/2024 11/01/24 | For Sale | $7,750,000 | -- | $1,983 / Sq Ft |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,725,000 | Trans State Title Ins Corp | |
| Warranty Deed | $168,000 | -- | |
| Warranty Deed | $168,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Open | $2,800,000 | New Conventional | |
| Closed | $2,130,800 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,907,500 | Unknown | |
| Previous Owner | $500,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $95,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Miami Beach, FL
Source: MIAMI REALTORS® MLS
MLS Number: A11685838
APN: 02-3228-001-0770
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 2524 Regatta Ave
- 2555 Regatta Ave
- 1425 W 27th St
- 1535 W 27th St
- 1635 W 27th St
- 1500 W 23rd St
- 2288 Sunset Dr
- 2815 Regatta Ave
- 2153 N Bay Rd
- 2143 N Bay Rd
- 2135 N Bay Rd
- 2382 Alton Rd
- 1365 N View Dr
- 1839 W 24th St
- 2830 Lucerne Ave
- 1520 W 22nd St
- 2120 Lucerne Ave
- 2051 N Bay Rd
- 2054 Alton Rd
- 1415 Sunset Harbour Dr Unit 406