1116 Ocean Dr, Miami Beach, FL 33139

For Sale: $75,000,000

Price Cut (May 23): -$25,000,000

Est. Mortgage:

Estimated Monthly Payment

($15,000,000)
3.658%$274,746/mo
2.806%$408,774/mo
2.347%$232,327/mo

$274,746/mo 
Description
Design artisans and European craftsmen combined to create a grand and majestic masterpiece on world famous Ocean Drive, facing the Atlantic Ocean. 10 bdrms uniquely decorated and swathed in lavish appointments, hand painted walls and ceiling frescoes reminiscent of resplendent mansions around the world. A 54-foot long mosaic tiled 24K gold lined pool in exquisitely appointed courtyard, housing just a few of many museum quality pieces in this world-class property with its own Observatory. Commercial and Residential.More Less
    • Days on Zillow349
    • CoolingUnknown
    • ParkingUnknown
    • Basement TypeUnknown
    • FireplaceUnknown
    • Floor CoveringUnknown
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Zestimates
 ValueRange30-day change $/sqftLast updated
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A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$79,106,879$26.1M – $158.2M-$5,766,381$3,37105/21/2013
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A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$41,038/mo$18K – $77K/mo+$350$1.7505/13/2013
Owner Estimate

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Market Guide
Zillow predicts 33139 home values will increase 5.5% next year, compared to a 4.1% rise for Miami Beach as a whole. Among 33139 homes, this home is 26041.5% more expensive than the midpoint (median) home, and is priced 730.1% more per square foot.

Learn more about forecast calculations or 33139 home values.
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Premier Agents specialize in this area and can assist you in seeing this home or answer your questions.

Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005
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Want to learn how to appear as the agent above? Contact us here or call us at 866-324-4005

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Next: Find out what you can afford on Zillow Mortgage Marketplace.

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