For SaleNeutral Deal0 days on market

2802 Prairie Ave

2802 Prairie Ave, Miami Beach, FL 33140, Miami Beach, FL 33140
$6,750,000

Listing Price

Property image 1
2802 Prairie Ave, Miami Beach, FL 33140
Loc: Miami Beach, FL
Days Listed
0
Tax Assessed
$3272k
Lot Size
9,750 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

10

North Beach Elementary School

PK-5
0.7 mi away
5

Nautilus Middle School

6-8
0.8 mi away
5

Miami Beach Senior High School

9-12
0.3 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

moderncontemporarystucco exteriorslatted wood accentspaver drivewaypermeable grass paversbalconylarge palm treeluxurylandscapedminimalistgaragetropical

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.32%
Total ROI
96.2%
Cash Flow
$508/mo
DSCR
1.01
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $508/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.3%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-23Listed for sale$6,750,000$1,421
2024-06-29Listing removed$6,500,000$1,368
2024-03-18Listing removed$0
2024-03-05Listing removed$0
2023-12-19Listed for rent$45,000$9
2020-07-07Listing removed$20,000$4
2020-06-10Listing removed$4,000,000$842
2020-06-01Listed for sale$4,000,000$842
2020-05-27Listed for rent$20,000$4
2015-12-21Sold$1,750,000$368
2015-10-24Price change$1,850,000$389
2015-07-07Price change$1,990,000$419
2015-01-09Price change$2,295,000$483
2014-06-26Listed for sale$2,565,000$540
1994-10-03Sold$262,000$55

Tax History

YearProperty TaxTax Assessment
2025$61,391.01$3,272,424
2024$42,665.02$2,092,047
2023$38,727.42$1,901,861
2022$34,411.89$1,728,965
2021$30,348.23$1,571,787
2020$30,574.52$1,579,295
2019$23,585.46$1,217,094
2018$23,804.05$1,265,890
2017$23,804.05$1,461,027
2016$27,822.34$1,461,042
2015$4,748.54$280,071
2014$4,828.62$277,849
2013$4,686.33$273,743
2012$4,686.33$269,168
2011$4,574.47$261,329
2010$4,784.29$257,467
2009$4,328.42$250,699
2007$4,401.19$218,155
2006$4,985.34$0
2005$4,985.34$0
2004$4,914.69$0
2003$4,746.51$0
2002$4,613.83$0
2001$4,613.83$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
6
Sq Ft
4,750

Similar Properties Nearby

Explore other investment opportunities in Miami Beach.