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+66 photosBeachfront condo — 1131 Stillwater Drive · Biscayne Beach-2nd Addn · Miami Beach
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Open property magazine$5,600,000
1131 Stillwater Drive, Miami Beach, FL 33141
Miami Beach, FL, 33141
5 bd · 4 ba · 3,851 sqft
Listed by Century 21 BE3
1131 Stillwater Drive, Miami Beach, FL 33141
Listed by Century 21 BE3
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Estimated monthly payment
$37,546/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $37,546/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesLuxurious Oceanfront Home Situated within an exclusive, 24-hour guard-gated peninsula that offers an unrivaled waterfront living experience on the Intracoastal Waterway, complete with breathtaking, unobstructed views of prestigious Indian Creek Island. Architecturally constructed in 2002 on elevated concrete pilings, this meticulously designed residence features a chef’s kitchen with custom wood cabinetry and industrial-grade appliances, seamlessly flowing into a spacious living and dining room with a built-in buffet serving station. The primary suite serves as a private sanctuary, boasting a dedicated balcony positioned perfectly to capture spectacular daily waterfront sunsets. Designed for seamless hosting, the outdoor entertaining space features a large covered patio and a summer bar with integrated stainless steel storage. Additionally, there's the fully tiled single-car garage lined with large custom cabinetry plus parking spaces for 4 cars in driveway. While there is currently no pool, the expansive yard offers incredible potential for a custom pool or redevelopment. Priced to SELL and Seller Motivated with Turn Key Convenience.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 16%
The seller has come down from $6,700,000 to $5,600,000 — a $1,100,000 reduction since it came on the market.
213 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
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Your costs (est.)
≈ $37,546/mo
1131 Stillwater Drive, Miami Beach, FL 33141 · Miami Beach
Location
1131 Stillwater Drive, Miami Beach, FL 33141
Dock & Draft Match™
Ask about dock
Boat fit not verified. Confirm dock length, depth, bridges and ocean access before buying.
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 1131 Stillwater Drive, Miami Beach, FL 33141?+
Property tax (after sale): $7,099/month est.; homeowners insurance: $1,390/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $8,489/month est. Principal and interest: $29,057/month; PMI: $0/month. Total for the payment scenario shown: $37,546/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 1131 Stillwater Drive, Miami Beach, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 1131 Stillwater Drive, Miami Beach, FL 33141 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 1131 Stillwater Drive, Miami Beach, FL 33141?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the waterfront at 1131 Stillwater Drive, Miami Beach, FL 33141?+
Waterfront ownership adds seawall maintenance and eventual replacement, dock and lift servicing, higher flood and wind premiums, and salt-air upkeep on exterior finishes and equipment. Confirm bridge height and water depth at low tide if you plan to keep a boat.
Is there room to negotiate on 1131 Stillwater Drive, Miami Beach, FL 33141?+
This listing has been on the market 213 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Biscayne Beach Elementary School
Elementary · 0.7 mi from this home · 800 77Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 3.8 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 4.9 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Mater Biscayne Academy North Miami Elementary School
Elementary · Charter · Grades PK–5 · North Miami
Mater Biscayne Academy North Miami Middle School
Middle school · Charter · Grades 6–8 · North Miami
Yeshiva Toras Chaim Toras Emes Rohr Middle School
Middle school · Private · Jewish · Grades 6–8 · North Miami Beach
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
The home, in a magazine
A closer look at this home and its lifestyle — dedicated to you and your family.
Open the magazine
Simon Gedz
Realtor® since 1995
Interested in this property?
$5,600,000 · MLS A11999814
$5,600,000
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