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+94 photosWaterfront home — 1420 W 23rd Street · Sunset Islands-Island · Miami Beach
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Open property magazine$110,000,000
1420 W 23rd Street, Miami Beach, FL 33140
Miami Beach, FL, 33140
9 bd · 11 ba · 10,791 sqft · 187 ft of water
Listed by Coldwell Banker Realty
1420 W 23rd Street, Miami Beach, FL 33140
Listed by Coldwell Banker Realty
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Estimated monthly payment
$707,445/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 $707,445/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 homesIntroducing Sunset Estates, a once-in-a-generation opportunity to own one of Miami Beach’s most significant architectural waterfront compounds. Located within the exclusive guard-gated Sunset Islands III, steps from Sunset Harbour, this extraordinary waterfront compound spans over 32,000 SF of prime land with 187 feet of combined water frontage. Designed by renowned architect Kobi Karp and developed by Todd Michael Glaser, the property was envisioned as a primary waterfront residence complemented by an elegant detached guest residence, creating a one-of-one modern tropical compound. Surrounded by landscaped grounds, an Olympic-length lap pool, spa, and expansive terraces, both homes showcase matching contemporary architecture defined by Brazilian Ipe wood, exposed concrete, soaring 12-foot ceilings, elevated finishes, and seamless indoor-outdoor living. The primary residence features 6 bedrooms, 6 bathrooms, private office, powder room, cabana bath, bar, family room, smart home system, elevator, and a gated covered motor court for 10+ cars. The primary suite includes dual dressing rooms, spa-style bath, and private terrace with outdoor shower. Completed in 2025, the guest residence features 2 bedrooms, 2.5 bathrooms, full kitchen, waterfront gym, conference lounge, laundry room, and private double-height garage. A trophy waterfront estate delivering a level of scale, architecture, privacy, and lifestyle nearly impossible to replicate within Miami Beach's most coveted enclaves
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
178 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.)
≈ $707,445/mo
1420 W 23rd Street, Miami Beach, FL 33140 · Miami Beach
Location
1420 W 23rd Street, Miami Beach, FL 33140
Dock & Draft Match™
Boat size needs on-site verification
Boat length up to ~111 ft · verify
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 1420 W 23rd Street, Miami Beach, FL 33140?+
Property tax (after sale): $133,484/month est.; homeowners insurance: $2,778/month est.; HOA: $417/month. Fixed ownership costs before a mortgage: $136,679/month est. Principal and interest: $570,766/month; PMI: $0/month. Total for the payment scenario shown: $707,445/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 1420 W 23rd Street, Miami Beach, FL 33140?+
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 1420 W 23rd Street, Miami Beach, FL 33140 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 1420 W 23rd Street, Miami Beach, FL 33140?+
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 1420 W 23rd Street, Miami Beach, FL 33140?+
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 1420 W 23rd Street, Miami Beach, FL 33140?+
This listing has been on the market 178 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
North Beach Elementary School
Elementary · 1.3 mi from this home · 4100 Prairie Ave, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 1.2 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 0.6 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Ebenezer Christian Academy II
Pre-K & Kindergarten · Private · Christian · Grades K–12 · 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?
$110,000,000 · MLS A12018167
$110,000,000
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