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Single Family Residence
$19,750,000$3,424 / sqft
2520 Shelter Ave, Miami Beach FL 33140
Listed
6
Bedrooms
7
Bathrooms
5,768 sqft
Interior
2026
Year built
$208 / mo
HOA
Single Family Residence
Type
About this home
Introducing a newly completed architectural masterpiece in one of Miami Beach’s most private and coveted residential enclaves. Completed in May 2026, this exceptional residence offers 5,768 SF of impeccably designed interiors, plus a 500 SF garage, blending refined craftsmanship with effortless modern living. Designed for the most discerning buyer, the home features 6 bedrooms (+ a small employee room) and 6 full baths, a private elevator, and a dramatic 40’ x 10’ resort-style pool, beautifully integrated into lush tropical surroundings. Every detail has been thoughtfully curated, from bespoke millwork and natural materials to state-of-the-art appliances and elevated finishes, creating a home that feels both timeless and sophisticated. The true luxury lies in the setting. Tucked away on one of Miami Beach’s most exclusive streets, the home offers privacy, tranquility, and discretion, surrounded by mature landscaping where the only sounds are the birds, yet moments from Miami’s finest dining, beaches, golf, and lifestyle destinations. A rare offering where architecture, location, and serenity converge. Disclaimer: Square footage is approximate and should be independently verified by the buyer and the buyer's representatives.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Elevator
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Built-In Grill
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 in Miami Beach, from 8 active listings; the middle half ask $70,000–$250,000.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.