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+11 photosLuxury home — 2880 Fairgreen Drive · Fairgreen 2nd Amd Pl · Miami Beach
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Open property magazine$4,950,000
2880 Fairgreen Drive, Miami Beach, FL 33140
Miami Beach, FL, 33140
5 bd · 4 ba · 3,626 sqft
Listed by Coldwell Banker Realty
2880 Fairgreen Drive, Miami Beach, FL 33140
Listed by Coldwell Banker Realty
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Estimated monthly payment
$32,926/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 $32,926/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 homesThe 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, 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.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 6%
The seller has come down from $5,250,000 to $4,950,000 — a $300,000 reduction since it came on the market.
251 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
Your costs (est.)
≈ $32,926/mo
2880 Fairgreen Drive, Miami Beach, FL 33140 · Miami Beach
Location
2880 Fairgreen Drive, Miami Beach, FL 33140
What buyers ask about this home
What are the estimated monthly carrying costs at 2880 Fairgreen Drive, Miami Beach, FL 33140?+
Property tax (after sale): $6,007/month est.; homeowners insurance: $1,235/month est.; HOA: $0/month. Fixed ownership costs before a mortgage: $7,241/month est. Principal and interest: $25,684/month; PMI: $0/month. Total for the payment scenario shown: $32,926/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 2880 Fairgreen Drive, 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 2880 Fairgreen Drive, 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 2880 Fairgreen Drive, 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 (cast iron and polybutylene are common in homes of this era), and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
What extra costs come with the pool at 2880 Fairgreen Drive, Miami Beach, FL 33140?+
A pool typically adds ongoing service, chemicals and electricity, plus periodic resurfacing and equipment replacement. Verify the safety barrier meets Florida code, which is required for insurance and resale.
Is there room to negotiate on 2880 Fairgreen Drive, Miami Beach, FL 33140?+
This listing has been on the market 251 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 · 0.6 mi from this home · 4100 Prairie Ave, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 0.7 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 0.5 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
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?
$4,950,000 · MLS A11967084
$4,950,000
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