March 23, 2009

The Sunset Islands is an exclusive neighborhood of luxurious single family homes located in Miami Beach overlooking Biscayne Bay to the west. The community of both waterfront and non waterfront properties is comprised of four guarded islands located between 21st and 29 streets. Sunset Island 1 and 2 are accessible through 29 Street, west of North Bay Road. Entry to Sunset Islands 3 and 4 is at the southern most part of North Bay Road on 21st Street. The Sunset Islands attract a variety of residents including celebrities, Anna Kournikova and boyfriend, Enrique Iglesias; South Beach Diet author Dr. Arthur Agaston; Miami Beach developer, Steve Muss who acquired his home from rockstar, Lenny Kravitz ; architect Chad Oppenheim; as well as many pillars in the community. Yachtsman seek out the The Sunset Islands as the location offers no fixed bridges, allowing larger vessels unrestricted access to the Intracoastal Waterway and the Atlantic Ocean.

I just reduced the list price of 1460 W 28 Street, a waterfront home on Sunset Island I, from $4.395M to $3.99M. Prices have not been in this range since the early part of the Millennium. This particular property has an open floor plan, classic appointments and abundant natural light. The sellers have plans designed to construct a new home, however the current structure, built in 1947, is charming and beautifully maintained. Either way, the property is a bargain, where else in Miami Beach can one find a home on a guarded island, with 100FT of water frontage for less than $4M? Currently there are four waterfront properties offered for sale on Sunset Island 1. These homes are all located on the same street as 1460 W 28 Street, but the asking prices significantly exceed this property, ranging from $29.9M to $4.5M.

1460 W 28 Street: Property Highlights

Lot Size: 20,000 SF
Interior Living: 3,643 SF
100′ of water frontage
Boat dock
4 bed / 3 bath
2-car garage
No fixed bridges
Plans for new home
2008 Closed Sales: Sunset Islands *


1525 North View Drive sold for $6.25M

1401 West 27 Street sold for $10M
1425 West 27 Street sold for $5.7M

2277 Sunset Drive sold for $4.6M**
*These four waterfront homes which sold on the Sunset Islands in 2008 had an average sale price of $877.19 SF

** I will take credit where it is due, this was my listing, and I sold it directly to the buyer

Edit Search

  • Email Updates
  • Only Update me On
Email Sent! Your email was sent successfully
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?
Moving to Miami?

Subscribe to our newsletter and be the first to receive the newest luxury listings