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Waterfront · Single Family Residence
$29,000,000$4,177 / sqft
503 E Dilido Dr, Miami Beach FL 33139
Listed
6
Bedrooms
8
Bathrooms
6,942 sqft
Interior
2018
Year built
None
HOA
Single Family Residence
Type
About this home
Experience the ultimate Miami waterfront lifestyle from this extraordinary contemporary estate on prestigious Dilido Island. Elevated to capture breathtaking panoramic views of Downtown Miami and Miami Beach, the residence offers exceptional privacy, seamless indoor-outdoor living, and every luxury for entertaining. Soaring 12-foot ceilings, walls of glass, exquisite marble finishes, and a fully integrated smart-home system create an elegant yet inviting atmosphere. The open-concept designer kitchen, appointed with Calacatta Gold marble, Wolf, Miele, and Sub-Zero appliances opens to expansive living spaces overlooking the resort-style pool, Jacuzzi, cabana, and oversized custom Ipe dock for effortless days on the water. Private bedroom suites offer spa-inspired baths and refined finishes, while a private cinema delivers an immersive entertainment experience. The spectacular rooftop terrace features an award-winning edible garden and sweeping 360-degree skyline and bay views, creating the perfect setting for sunset gatherings. This is luxury waterfront living at its finest in one of Miami Beach's most coveted island neighborhoods.
Features
- Cooking Island
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Great Room
- Media Room
- Storage
- Workshop
- Barbeque
- Lighting
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 10 active listings; the middle half ask $45,000–$160,000.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.