Off Market Sep 2023 for $36M

$37,971,300

Est. refi paymentEst. refi $9,288/mo

•

8,323

sq ft

2511 Lake Ave, Miami Beach, FL 33140

About this home

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.

Single-familyProperty Type

1987Year Built

0.59 acresLot Size

$4,562Est. Price/Sq.Ft.

2 car garageParking

Listed by Jill Hertzberg • Coldwell Banker Realty

•305-788-5455 (agent)

•jillh@jillszeder.com (agent)

•305-672-6300 (broker)

•Darrell.Burks@Floridamoves.com (broker)

Listed by Jill Eber • Coldwell Banker Realty

•305-672-6300 (broker)

•Darrell.Burks@Floridamoves.com (broker)

Bought with Jill Hertzberg • Coldwell Banker Realty

•305-672-6300 (broker)

•Darrell.Burks@Floridamoves.com (broker)

Redfin checked: 2 minutes ago

•Source:MARMLS #A11335920

Redfin Estimate

$37,971,300

$2.0M since sold in September 2023$3.9M since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 136.5% higher than the average sale price ($16.05M) of 6 comparable homes.

SOLD MAY 7, 2026
$9,380,000
A
4 beds5.5 baths4,300 sq ft
2145 Meridian Ave, Miami Beach, FL 33139
SOLD MAY 15, 2026
2300 Sunset Dr, Miami Beach, FL 33140
$13,000,000
B
6 beds7.5 baths5,343 sq ft
2300 Sunset Dr, Miami Beach, FL 33140
SOLD JUN 22, 2026
$10,250,000
C
5 beds5.5 baths4,698 sq ft
2516 Sunset Dr, Miami Beach, FL 33140
SOLD MAR 16, 2026
$25,000,000
D
6 beds7.5 baths8,748 sq ft
4340 N Bay Rd, Miami Beach, FL 33140
SOLD JUN 30, 2026
$12,690,000
E
4 beds5 baths5,319 sq ft
2500 Regatta Ave, Miami Beach, FL 33140
SOLD JAN 15, 2026
$26,000,000
F
6 beds6 baths6,316 sq ft
1818 W 23rd St, Miami Beach, FL 33140

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Earn from this home

Sell

$8,558,663

Est. take-home

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Refinance

Est. cash available

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Rent

$10,938/mo

Redfin rental estimate

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Market trends in 33140, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.0%

+0.5% MoM

Median sale price

$785K

$25K MoM

Avg. days on market

124d

45 days MoM

Recently sold homes

110

36 MoM

New listings for sale

NEW 3 HRS AGO
$389,000
2 beds2 baths1,030 sq ft
5700 Collins Ave Unit 12D, Miami Beach, FL 33140
(305) 787-4798
EARLY ACCESS
$249,000
Studio1 bath320 sq ft
255 W 24th St #330, Miami Beach, FL 33140
NEW 22 HRS AGO
$499,000
2 beds1 bath770 sq ft
5401 Collins Ave #826, Miami Beach, FL 33140
(305) 359-5801
$430,000
1 bed1.5 baths960 sq ft
5601 Collins Ave #415, Miami Beach, FL 33140
(786) 367-7112
$495,000
2 beds2 baths1,128 sq ft
2858 Pine Tree Dr #5, Miami Beach, FL 33140
(305) 405-0615
$8,500,000
5 beds6 baths4,357 sq ft
2181 N Bay Rd, Miami Beach, FL 33140
(305) 672-6300
$2,699,000
20 beds15 baths3,880 sq ft
3909 Garden Ave, Miami, FL 33140
(305) 677-5000
$310,000
Studio1 bath500 sq ft
2829 Indian Creek Dr #804, Miami Beach, FL 33140
(305) 538-9711
$465,000
1 bed1 bath790 sq ft
4747 Collins Ave #1008, Miami Beach, FL 33140
(305) 666-1800
$2,399,000
5 beds3 baths2,363 sq ft
719 W 51st St, Miami Beach, FL 33140
(786) 942-0502
See all

Provided by Redfin

Sale history for 2511 Lake Ave

Date

Event

Price

MARMLS #A11335920

Sep 22, 2023

Sold

$36,000,000

$4,325/sq ft

Aug 1, 2023

Pending

—

Jul 11, 2023

Contingent

—

Jun 2, 2023

Price Changed

$39,500,000

$4,746/sq ft

Jan 31, 2023

Listed

$45,000,000

$5,407/sq ft

Public Records

Jun 16, 1997

Sold

$1,325,000

$159/sq ft

Public Records

Sep 14, 1990

Sold

$825,000

$99/sq ft

Public Records

Aug 1, 1988

Sold

$715,000

$86/sq ft

Public Records

Apr 1, 1988

Sold

$374,545

$45/sq ft

Public Records

May 1, 1987

Sold

$412,000

$50/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$483,325 (+4.8%)

$19,326,750 + $6,436,690

$25,763,440

2024

$461,245 (+784.3%)

$19,326,750 + $6,436,690

$25,763,440

2023

$52,158 (+3.6%)

2022

$50,326 (+0.3%)

2021

$50,193 (+1.1%)

2020

$49,623 (+2.2%)

2019

$48,537 (+5.1%)

2018

$46,201 (+0.8%)

2017

$45,814 (+0.1%)

2016

$45,758 (+26.1%)

2015

$36,299 (−1.7%)

2014

$36,926 (+19.3%)

2013

$30,955 (−17.4%)

2012

$37,479 (+1.9%)

$3,607,660 + $1,120,494

$4,728,154

2011

$36,768

Tax history for 2511 Lake Ave

Year

Property tax

Land + Additions

Assessment*

2025

$483,325 (+4.8%)

$19,326,750 + $6,436,690

$25,763,440

2024

$461,245 (+784.3%)

$19,326,750 + $6,436,690

$25,763,440

2023

$52,158 (+3.6%)

2022

$50,326 (+0.3%)

2021

$50,193 (+1.1%)

2020

$49,623 (+2.2%)

2019

$48,537 (+5.1%)

2018

$46,201 (+0.8%)

2017

$45,814 (+0.1%)

2016

$45,758 (+26.1%)

2015

$36,299 (−1.7%)

2014

$36,926 (+19.3%)

2013

$30,955 (−17.4%)

2012

$37,479 (+1.9%)

$3,607,660 + $1,120,494

$4,728,154

2011

$36,768

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.59 Acres

Year renovated

2015

Sq. Ft.

7,563

Year built

1940

Style

Single Family Residential

County

Miami-Dade County

APN

0232270100120

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 2, 2026.

RS-2

Single-family Residential District

The RS-2 single-family residential district is designed to protect, and preserve the identity, image, environmental quality, privacy, attractive pedestrian streetscapes, and human scale and character of the single-family neighborhoods and to encourage and promote new construction that is compatible with the established neighborhood context.

Permitted uses

Include but are not limited to:

Housing-Single unit

Mar 10, 2026 • Final

Building - residential - marine

Install a new concrete edge beam dock.

ADU

Mar 9, 2026 • Final

Building - residential - demolition

Demolish an existing two-story residential building.

Demolition

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 2

Parking
Features: Driveway, Garage Door Opener
# of Covered Spaces: 2

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 8
# of Half Bathrooms: 2

Room Information
Room Types: Den, Family Room, Guest Quarters, Laundry, Media Room, Other, Recreation, Utility Room

Equipment
Appliances: Dryer, Dishwasher, Gas Range, Icemaker, Microwave, Refrigerator, Washer

Interior Features
Flooring: Hardwood, Tile, Wood
Other Features: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Kitchen Island, Pantry, Sitting Area In Primary, Separate Shower, Upper Level Primary, Walk-In Closet(s)

Exterior

Building Information
Stories: 2
Year Built Details: Resale
Roof Details: Spanish Tile
Construction Details: Block

Exterior Features
Exterior Features: Lighting, Patio
Patio And Porch Features: Patio
Other Structures: Guest House
Security Features: Gated Community, Security Guard

Pool and Spa Information
Has Private Pool
Pool Features: In Ground, Pool

Lot Information
Lot Size Area: 25,769
Is Waterfront
Frontage Length: 163
Frontage Length Remarks: 163
Zoning Description: 2100

Property Information
Has View
Direction Faces: Northeast

Financial

Tax Information
Annual Tax Amount: $48,313
Tax Year: 2022

Utilities

Utility Information
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric

Location

HOA Information
Association Fee: $2,500
Association Fee Frequency: Annually

Community Information
Community Features: Gated

Public facts

Beds: 6
Baths: 5.0
Sq. Ft.: 7,563
Stories: 3.0
Lot Size: 0.59 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 2015
County: Miami-Dade County
APN: 0232270100120

Home facts updated by county records on Jul 2, 2026

Around this home

Schools

North Beach Elementary School

Public PreK-5 • Assigned • 1.1mi

10/10

Nautilus Middle School

Public 6-8 • Assigned • 1.1mi

5/10

Miami Beach Senior High School

Public 9-12 • Assigned • 0.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

6 days above 102° expected this year, 21 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Miami Beach, FL • 33140

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$36.07M – $43.67M

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New listings for sale in 33140

NEW 3 HRS AGO

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EARLY ACCESSCOMPASS COMING SOON

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255 W 24th St #330, Miami Beach, FL 33140

NEW 22 HRS AGO

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Home values near 2511 Lake Ave

Data from public records.

Address	Redfin Estimate
2532 Northwest Lake Ave, Miami Beach, FL 4 Beds \| 4.5 Baths \| 3468 Sq. Ft.	—
2345 Lake Ave, Miami Beach, FL 7 Beds \| 7 Baths \| 7018 Sq. Ft.	$24,796,161

Address	Redfin Estimate
2513 Lake Ave, Miami Beach, FL 6 Beds \| 6 Baths \| 7133 Sq. Ft.	$26,151,498
2569 Lake Ave, Miami Beach, FL 6 Beds \| 6.5 Baths \| 5506 Sq. Ft.	$27,756,609

Address	Redfin Estimate
2555 Lake Ave, Miami Beach, FL 7 Beds \| 8.5 Baths \| 8082 Sq. Ft.	$36,523,377
2335 Lake Ave, Miami Beach, FL 3 Beds \| 4 Baths \| 4152 Sq. Ft.	$18,400,794

Property information provided by MARMLS when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33140, FL

Sale history for 2511 Lake Ave

Tax history for 2511 Lake Ave

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33140

Home values near 2511 Lake Ave

More real estate resources