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3121 Prairie Ave, Miami Beach FL 33140

House For Sale
$3,950,000

BTC: 49.37500000

ETH: 1,580.00000000

New
4 bds
3 ba
2,405 sqft

Overview

RARE 14,100 SF OVERSIZED LOT WITH ESTATE POTENTIAL IN PRIME MIAMI BEACH LOCATION — An exceptional opportunity to build a new approximately 7,000 SF estate on a rare 14,100 SF lot measuring 75' x 188' in one of Miami Beach’s most desirable residential neighborhoods. The expansive parcel offers ample room for a spectacular custom residence, with the potential for rooftop views overlooking the Miami Beach Golf Course and Downtown Miami. Additionally, this lot can be combined with the adjacent lot (MLS# A1207124) for a 20,200 sf one of a kind compound! Ideally located near multiple houses of worship, the newly developed Bayshore Park, and the Scott Rakow Youth Center, while offering easy access to the beach, shopping, dining, and recreation. A truly spectacular opportunity to create a substantial Miami Beach estate in a highly sought-after location. Call Listing Brokers for more information.

Location

Details

Type:
Residential
Parking:
Other
Year Built:
1950
Lot:
14100 Square Feet
Heating:
Central
Price/sqft:
$1,642
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,595,000
$1.0M – $3.4M
Confidence Low
List vs. estimate
$2.4M above estimate
List $3,950,000 · +147.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,642
+81.9% vs. city median $903
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $642K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$16,562
2025
View
Golf Course, Other
All facts and features
  • Flooring

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Other Equipment/Appliances

    • Washer

    Other interior features

    • First Floor Entry

    • Other

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Full bathrooms: 3

  • Parking

    • Other

    Property

    • Exterior Features: None

    Lot

    • Lot: 14100 Square Feet

    Other Property Information

    • Parcel Number: 02-32-27-001-0830

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $16,562

  • Source details

    • MLS ID: A12090387

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Direction Faces: West

    • Architectural Style: Detached / One Story

    • Living Area: 2405

    • Water Source: Municipal Water

    • Subdivision Name: ORCHARD SUB NO 1

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC