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SUNSET ISLANDS-ISLAND NO 3 · · MLS A12018167
Listed by Coldwell Banker Realty · 786-442-5309
Introducing 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
The propertyAs the MLS records it
$600,135 per month
30-year fixed, 7.24% interest
The calculator opens on the national average rate for a 30-year fixed-rate loan: 7.24% for the week of October 29, 2026. Source: Freddie Mac, Primary Mortgage Market Survey ↗
For illustration only: an estimate, not a loan offer or a quote. The tax is the last annual bill the MLS records for this property; in Florida a property is reassessed when it is sold, so a buyer's tax will differ. Insurance is not estimated: it is included only when you enter your own quote. The rate is a national weekly average, not the rate a lender will offer you: change it to the one you are quoted.
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Showings of 1420 W 23rd St, Miami Beach, FL 33140 are by appointment. Send the request here, call or write on WhatsApp: Julian Acosta, real estate advisor with Compass, answers within one business day to confirm a day and a time.
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| Year | Median price per SF | Closed sales |
|---|---|---|
| 2020 | $1,093 | 162 |
| 2021 | $1,134 | 348 |
| 2022 | $1,279 | 194 |
| 2023 | $1,254 | 164 |
| 2024 | $1,478 |
Homes of the same kind on the market nearby, the nearest in price first.
LIVE · MLS · AS OF OCT 31, 2026
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1 / 24The information on this page is supplied by the Southeast Florida Multiple Listing Service of the MIAMI Association of REALTORS®. It is deemed reliable but is not guaranteed accurate by the MLS, and it may have changed since the date above. It is provided for your personal, non-commercial use and may not be used for any purpose other than to identify properties you may be interested in purchasing. This listing is held by Coldwell Banker Realty. Julian Acosta is a real estate advisor with Compass.
A listing shown here may be held by a brokerage other than Compass. To report an error in this listing's information, write to julian.acosta@compass.com.



































































































99 PHOTOGRAPHS

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| 170 |
| 2025 | $1,423 | 170 |
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| 2026 to date | $1,586 | 177 |
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These figures are the market's closed sales as the MLS records them: this building's for a unit, a gated community's for a home inside one, and otherwise the sales of this kind of property in the home's market — for a home at $2,000,000 or more, only that market's sales from that price up. Which of these it is, is said above the figures. No snapshot is drawn from fewer than 5 sales of the last twelve months, and a median price per SF is stated only from 3 sales that state a living area. They are not sales by Julian Acosta, they are not an appraisal, and they say nothing of this home's price.
These are the public schools whose attendance zone holds this listing's location, as Miami-Dade County publishes the zones. A zone is not a guarantee of enrollment, the district can change it, and a listing's point on the map can sit a few meters from its lot: confirm the school with Miami-Dade County Public Schools before you rely on it. Distances are straight lines. The page states no rating of any school.
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