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Single Family Residence
$7,875,000$1,879 / sqft
4940 Cherokee Ave, Miami Beach FL 33140
Listed
6
Bedrooms
8
Bathrooms
4,192 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type
About this home
A true architectural masterpiece in the heart of Miami Beach, this exceptional modern residence offers approximately 4,192 SF of interior living space and 6,071 SF of total usable area. Set on a desirable corner lot, the home features 6 bedrooms, 7.5 bathrooms, dramatic double-height ceilings, and an expansive open layout designed for sophisticated living and entertaining. Custom craftsmanship is showcased throughout, including custom millwork, elegant wall paneling, built-in closets, custom TV wall units in every bedroom, and floor-to-ceiling frameless interior doors. The designer kitchen is equipped with top-of-the-line Miele and Monogram appliances and complemented by a discreet second kitchen/pantry concealed within the custom millwork. Premium finishes include sleek limestone flooring on the first level and beautiful Italian engineered wood floors upstairs. Professionally designed lighting enhances architectural details and creates a warm, sophisticated ambiance throughout, while integrated smart-home technology provides modern comfort and convenience. Outdoors, a spectacular 45-foot lap pool wraps along the architecture of the residence, creating a striking connection between the home and water, complemented by a Jacuzzi for a true private resort-style experience. Additional features include a two-car garage, generator-ready connection, an expansive rooftop sun terrace above the garage, a generous front yard, and a fully fenced property offering privacy and security.
Features
- First Floor Entry
- Custom Mirrors
- Entrance Foyer
- Pantry
- Skylight
- Vaulted Ceiling(s)
- Walk-In Closet(s)
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.