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Single Family Residence
$2,295,000$1,477 / sqft
4500 Sheridan Ave, Miami Beach FL 33140
Listed
3
Bedrooms
2
Bathrooms
1,554 sqft
Interior
1928
Year built
None
HOA
Single Family Residence
Type
About this home
Behind wrought iron gates and tall hedges, this 1928 Mediterranean villa offers a private garden retreat just five blocks from the ocean. Set on a 7,500 SF corner lot, the grounds feature Chicago brick walkways, a heated and cooled pool with a fountain surrounded by palms trees, and a covered patio for outdoor dining and gatherings. At its heart is a thoughtfully updated residence that preserves its original warmth and character. Windows frame the surrounding greenery and bring the beauty of the outdoors into the living spaces. Upstairs, the residence features two bedrooms (one currently used as a dressing room), a renovated kitchen and bathroom, a spacious living room with a fireplace, and an enclosed terrace overlooking the gardens and pool. Downstairs, an open-plan studio with it's own entrance and a private covered terrace, a full bathroom, and a renovated kitchen. It’s ideal for guests, a home office, or rental income potential while maintaining privacy for the upstairs residence. Just one block from Pinetree Park and within a few blocks of shops, dining, and La Gorce Country Club, this villa combines the privacy of a garden retreat with the conveniences of true Miami Beach living.
Features
- First Floor Entry
- Second Floor Entry
- Florida Room
- Barbeque
- Lighting
- Garden
- Pool
Leasing
- Minimum lease
- Not stated
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 3-bed rentals in Miami Beach, from 19 active listings; the middle half ask $6,500–$17,500.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.