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Waterfront · Single Family Residence
$3,125,000$2,296 / sqft
8533 Crespi Blvd, Miami Beach FL 33141
Listed
3
Bedrooms
2
Bathrooms
1,361 sqft
Interior
1951
Year built
None
HOA
Single Family Residence
Type
About this home
From the moment you arrive, this waterfront residence feels like a private Key West-inspired retreat tucked into the heart of Miami Beach. Lush tropical landscaping, mature palms and a charming stone driveway set the tone for a relaxed yet refined modern-bohemian aesthic. Beautifully renovated, this 3 bedroom, 2 bath home offers 1,370 S.F. of bright, stylish living with soaring beamed ceilings, contemporary finishes and an effortless indoor-outdoor flow. The sleek galley kitchen with clean modern cabinetry and finishes, while expansive sliding glass doors frame the water and open the home to its exceptional outdoor setting. Set along 75 ft of waterfront, the home was designed to embrace the M.B. boating lifestyle. A new deck and private dock feature a 20,000-lb boat lift accommodating vessels up to 30 ft., making days on the water remarkably easy with no fixed bridges. Back on shore a newly built outdoor summer kitchen creates the perfect transition from boating to waterfront entertaining. Covered outdoor living and dining area invite long lunches, sunset cocktails and relaxed evenings, surrounded by tropical landscaping. A new metal roof completes this distinctive waterfront home, where modern luxury, island-inspired design and the laid back rythm of Miami Beach living come together as one. Included in the price is a 2023 Axis 25 ft. flagship wake boat with a hull length of 25 ft., a beam width of 102 inches and seating for up to 18 people.
Features
- First Floor Entry
- Closet Cabinetry
- Custom Mirrors
- French Doors
- Skylight
- 3 Bedroom Split
- Walk-In Closet(s)
- Den/Library/Office
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.