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Miami + Miami Beach Mid Year Trend Analysis

Former Stock Broker and Hedge Fund Manager's Analysis of various Miami Real Estate Markets

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Top 5 Homes Under $5 Million on Palm Island, Hibiscus Island, Venetian Island, & South Beach

Moving to Miami Beach can be pretty pricey, but if you have a budget capped at $5 million the list below will help you narrow done your choices with the top 5 homes under $5 million in various Miami Beach neighborhoods.

253 North Coconut Lane, Miami Beach, FL 33139

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This stunning, fully renovated home is a must see for those interested in a single-family home in Miami Beach. The home is a perfect combination of historic Palm Island charm with modern elegance. The home features 3 bedrooms, 3 baths, a completely updated kitchen, spacious living areas, and stylish new bathrooms. Each room in the home is beautifully styled; and, the home features an open kitchen with a breakfast bar and vaulted ceilings. This home is perfect for the avid boater as the home is complete with a pool, a boat dock, and an outdoors deck. For those who enjoy exercise, this gated community features basketball and tennis courts, as well as covered playgrounds.

201 Palm Avenue, Miami Beach, FL 33139

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This guard-gated single-family home located in the prestigious Palm Island features a chic contemporary feel. This unique home showcases floor to ceiling windows, clean lines mixed with the warmth of natural elements of wood and stone, and an open layout without obstructing columns. For buyers seeking privacy and security, Palm Island is definitely the place to be. For those who like to entertain friends and family, the home features a one-of-a-kind rooftop terrace with stunning views of the city, bay, and Port of Miami. Active people or families with children will enjoy the tennis courts and playground on the island.

831 North Venetian Drive, Miami Beach, FL 33139

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This Venetian Islands home is the lowest priced single-family home with an open bay view. This must-see home sits on Biscayne Bay and features breathtaking views of Miami Beach and Downtown. This beautiful 6 bedroom, 6 baths home has an abundance of natural light, walk-in closets, and a bonus room upstairs. The kitchen boats a large island, granite countertops, and a wine cooler. Entertaining will be a breeze in this home which has a lush backyard with a pool and spa. Avid boaters will appreciate the electric boatlift, T-dock, and direct bay and ocean access.

295 South Hibiscus Drive, Miami Beach FL 33139

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This spacious 1950s Hibiscus Island homestands on a 9,500 square foot lot. French designer Marc Hubert D’Ge remodeled the 3,276 square foot, ready to move in home.
The home features double master bedroom suites and a custom kitchen with Miele and Sub Zero appliances. Residents seeking an ultra-private lifestyle will appreciate the privacy and safety of Hibiscus Island, which is security guard-gated with 24/7 security on duty. This move-in ready home is surrounded by exotic tropical landscaping, and has a gunite pool and Jacuzzi surrounded with IPE wood decking.

1045 Pennsylvania Avenue, Miami Beach, FL 33139

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This historic and unique 1930s home in the heart of South Beach is a gem for anyone seeking to live in the area without having to live in a condo. The home is within walking distance of the beach and Lincoln Road. The main house features 3 bedroom suites, each with its very own bathroom. Additionally, the main house has a state-of-the-art kitchen, formal living room, formal dining room, screening room, and bar. The rear cabana features a gym, a steam room, and massage area, which could become an additional bedroom. The property also features 2 rear 1-bedroom apartments with private entrances. Parking is a breeze with a 3-car garage and 3 additional parking spots.

If you are interested in any of these amazing deals, act quickly, as these are sure to be snatched up quickly. For more information please contact us and we will be more than happy to assist you. Please visit our website www.wisecatrealtors.com or call us at (305) 523-9323.

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