Closed

Sunset Lake, 2501 Lake Ave, Miami Beach, FL 33140

31,900,000(-15.36% )
$27,000,000
Estimate Payment
5Beds
61/2Baths
5,413SqFt

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Details

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Status:
Sold - Sep 26, 2023
Parking: 2
Size: 5,413 SqFt (503 m2)
Price: $4,988/SqFt ($53,691/m2)
Type: Single Family Home
Built: 1940
HOA: $2,500/MO
MLS Number: A11282815
View: Canal,Garden
On Site: 1042 Days
Updated: 687 Days ago
Page Views: 0
From the moment of arrival, a balance between grandiose architectural elements and thoughtful, understated details set the tone for this magnificent, waterfront estate. Nestled on an almost 30,000 sf, pie shaped lot and located in the exclusive and gated sunset islands, this home is the epitome of luxury living. Enjoy 5,413 sf of living area including 5 beds, 7/1 baths, an office, grand room and stunning oak wood bar. Transform this sanctuary into your personal paradise. Outdoor balconies, oversize terrace, lap pool, manicured lawns and almost 200’ of water frontage with direct ocean access provide for majestic living indoors or out. Enjoy the private side of miami beach while still being steps away from world class dining, shopping and entertainment.
Features
Bedrooms
  • Bedrooms: 5
Bathrooms
  • Bathrooms: 6
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, Lighting, StormSecurityShutters
  • View: Canal,Garden
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, BreakfastArea, ClosetCabinetry, DualSinks, FirstFloorEntry, KitchenIsland, SeparateShower, UpperLevelPrimary, WalkInClosets
  • Equipment / Appliances: Dishwasher, ElectricRange, Disposal, Microwave, Refrigerator, TrashCompactor
  • Heating Description: Electric
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Marble,Other
  • Year Built: 1940
  • Year Built Description: Resale
  • Style: TwoStory
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2022-10-06T18:37:57.000-00:00
    • Directions: East
    Taxes, Fees & More
    • Taxes: 169031
    • Security Information: SecurityGate, GatedCommunity, SmokeDetectors, SecurityGuard
    • Parking Description: Covered,Driveway

    Price History

    09/26/2023

    Date

    Sold

    Event

    $27M

    Price

    -15.36%

    Change Rate

    $4,988 ft2 / $53,691 m2

    Price Per

    12/08/2022

    Date

    Price Reduced

    Event

    $31.9M

    Price

    -8.6%

    Change Rate

    $5,893 ft2 / $63,435 m2

    Price Per

    10/02/2022

    Date

    Listed

    Event

    $34.9M

    Price

    $6,447 ft2 / $69,400 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Lourdes Alatriste • Douglas Elliman • Buyer Agency Compensation .

    Instant Comps

    $200/ft²
    $1,800/ft²
    $3,500/ft²
    $5,100/ft²

    Unit 2501 Lake Ave – Asking

    $4,988/ft²

    (+0%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $4,988/ft²
    Community $/Price Range (Closed) $328/ft² – $4644/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 97/55,413$4,988EastCanal, Garden$27,000,0009/21/2023
    Unit: # 9
    Bed/Bath: 7/5Size SqFt: 5,413$/SqFt: $4,988Exposure: EastView: Canal, GardenSold: $27,000,000Closed Date: 9/21/2023
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