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Waterfront · Single Family Residence
$12,500,000$3,033 / sqft
451 Center Island Dr, Golden Beach FL 33160
Listed
6
Bedrooms
6
Bathrooms
4,122 sqft
Interior
1954
Year built
None
HOA
Single Family Residence
Type
About this home
5,000sf 6 Bed + Den/Office, 6 Bathroom waterfront mansion with classic exterior architecture, modern interior design and brand new luxury finishes. Extra large backyard and driveway. Beautiful neutral palette with ample natural light throughout the entire home. Oversized luxury kitchen, with stainless steel appliances and a 9-seater island and bar that seats 4. Private master wing with 100sf master shower and custom master closet. Fire places in both dining and master rooms. Smart toilets in every bathroom. Backyard spans 4,025sf with swimming pool, baja loungers, cabana, oversized umbrellas and lounge chairs, fire pit with adirondack chairs, hot tub, covered outdoor tiki hut with grill, half basketball court, turf area and 68ft dock. Private gated community with 24/7 roving police security in exclusive neighborhood of Golden Beach, FL.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Pantry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 60 active listings; the middle half ask $10,000–$42,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.