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Single Family Residence at 2880 Fairgreen Dr, Miami Beach FL 33140Active
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Single Family Residence
$4,950,000$1,365 / sqft

2880 Fairgreen Dr, Miami Beach FL 33140

5
Bedrooms
4
Bathrooms
3,626 sqft
Interior
1933
Year built
None
HOA
Single Family Residence
Type

About this home

The 1933 house is gone. What's left is a corner lot in Mid Beach, 13,666 SF with 235 feet of frontage on two streets, cleared and ready, and a complete sealed set of drawings by Touzet Studio, AIA Miami Firm of the Year. In for permit with the City of Miami Beach, process BR2611872. Six bedrooms, six full baths and a powder room across 6,833 square feet plus a 2 car garage. The house is lifted. You pass underneath it through a covered outdoor living room, dining and kitchen, and the lowest habitable floor sits nine feet above base flood at 17'6" NGVD. A glass rotunda with spiral stair and elevator anchors the corner. Terrazzo floors, stone feature walls, two kitchens, a gym, a pool at grade with lawn behind, a wellness deck with sauna, plunge and hot tub, a sun deck, a roof terrace, rooftop solar. That is the part land buyers rarely get handed. The slowest and most expensive year of a ground-up build, the design and the engineering and the walk into permitting, is already done and conveys with the lot. Fairgreen Drive is one short, quiet block. A block to the new Bayshore Park, a walk to the Miami Beach Golf Club and the sand, five minutes to Lincoln Road and Sunset Harbour. Temporary electric is in. Bring your builder, or refine the plans and make them yours. Either way you start years ahead.

Features

  • First Floor Entry
  • No Additional Rooms
  • None
  • Garden
  • Pool

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$25,030

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$25,030
HOA
None

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Coldwell Banker Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.