Miami Mansions for Sale | Waterfront Estates & Island Properties

What Is a Mansion?

A mansion is a very large home, but the word itself is not very well defined. Many realtors consider a mansion to be a large home over 8,000 square feet with multiple bedrooms; however, that is not always the case for luxury properties. In addition to the number of bedrooms, the size of the living area is also a crucial factor in defining a mansion. There are other factors to consider in addition to size, such as location, plot size, quality of construction, and amenities provided.

Some Miami mansions are brand new and reflect the passion of their designers and architects. Not merely modern luxury homes, these homes are stellar in many regards. Other Miami mansions are perfect Art Deco designs dating back to the mid-1930s, and some owe their heritage to a previous, world-famous owner.

If you are doing a mansion property search, Miami MLS won't show any results for "mansions." Since the word mansion is not very well defined and highly subjective, real estate agents and buyers forgo labeling luxury properties as mansions unless they already have the word mansion in the property's name, like some heritage properties such as The Playboy Mansion.

What might be considered a mansion in one location might not be considered a mansion in another location. Golden Beach, just north of Sunny Isles, is perhaps the only location in Miami Beach where one would find a mansion with its own private beach. Golden Beach has a couple handfuls of huge beach houses directly on the white sand of the Atlantic Ocean for 1.3 miles.

Mansion Features in Miami

In Miami and Los Angeles, mansions are bound to have not just a swimming pool, but an infinity pool and oversized living spaces for entertaining. In Miami, a private dock for a yacht is one of the most sought-after amenities and something that is surprisingly easy to find. In contrast, a mansion in New York City would never have any of these features.

While a lot of luxury homes for sale might be called mansions by their owners, luxury houses are not necessarily mansions. Often referred to as McMansions, these large mass-produced modern houses will have features like a three-car garage, a large living room, and a designer kitchen, but that really doesn't cut it when compared to a real mansion. A McMansion is just a home designed to look expensive, when in fact they are mass-produced and far from being a mansion.

The Miami Mansion Market

The Miami luxury real estate market is a thriving and highly sought-after destination for affluent buyers and investors. With its stunning ocean views, tropical climate, and world-class amenities, Miami offers a unique and luxurious lifestyle that is hard to find anywhere else. Whether you are looking for a contemporary waterfront estate or a historic mansion with a storied past, Miami has something to offer every luxury home buyer. The city's vibrant culture, upscale dining, and exclusive shopping districts further enhance its appeal, making Miami a premier destination for mansion buyers.

Miami mansions are renowned for their opulence and sophistication. These stunning properties often feature expansive living areas, sleek modern designs, and top-of-the-line finishes. Many Miami mansions also offer breathtaking ocean views, private beaches, and direct access to the water. With prices ranging from $10 million to over $100 million, Miami mansions are truly fit for royalty. The architectural styles vary from ultra-modern glass houses to Mediterranean-inspired villas, each offering a unique blend of elegance and comfort. Whether nestled in the lush landscapes of Coconut Grove or perched on the exclusive islands of Miami Beach, these homes provide an unparalleled living experience.

Types of Mansions in Miami

Miami mansions come in a variety of styles and designs, catering to different tastes and preferences. Some of the most popular types include:

Modern Miami Beach Mansions: These homes are characterized by sleek lines, minimalist decor, and expansive ocean views. They often feature open floor plans, large glass windows, and cutting-edge smart home technology, creating a seamless blend of indoor and outdoor living.

Mediterranean-Style Mansions: Known for their ornate details, lush gardens, and private pools, these mansions exude old-world charm and elegance. With terracotta roofs, arched doorways, and intricate wrought-iron accents, they offer a luxurious and timeless aesthetic.

Contemporary Waterfront Estates: These homes boast open floor plans, high ceilings, and state-of-the-art smart home technology. They are designed with a focus on functionality and modern living, often featuring clean lines, neutral color palettes, and high-end finishes.

Art Deco-Inspired Mansions: Reflecting Miami's rich architectural history, these homes feature bold colors, geometric patterns, and ornate details. They offer a unique blend of vintage charm and modern luxury, making them a popular choice for those who appreciate distinctive design.

Where to Find Mansions in Miami (Mainland)

In mainland Miami, mansions for sale can be found in neighborhoods like Coral Gables and Coconut Grove, which are prominent in the luxury home market. Cocoplum, Cocoplum Island, and Tahiti Beach—all adjacent to Coral Gables on the water south of Coconut Grove—are also home to some of the finest mansions in Florida. For clients looking for the largest lots, however, Pinecrest, to the south of Coral Gables, and Southwest Ranches, to the north of the city, is where you will find them.

Miami is home to a diverse range of neighborhoods, each with its own unique character and charm. Some of the most popular neighborhoods for mansions in Miami include:

Miami Beach: Known for its white sandy beaches, clear waters, and vibrant nightlife, Miami Beach is a premier destination for mansion living. The area offers a mix of historic Art Deco estates and modern architectural masterpieces.

Coconut Grove: A charming and eclectic neighborhood with a strong sense of community, Coconut Grove features a mix of old and new homes. Its lush landscapes, waterfront parks, and bohemian vibe make it a favorite among those seeking a relaxed yet upscale lifestyle.

Coral Gables: With its Mediterranean flair, Coral Gables is known for its beautiful parks, gardens, and tree-lined streets. The neighborhood offers a range of luxury mansions, from historic estates to contemporary waterfront properties, all set in a picturesque and tranquil environment.

Mansion Amenities in Miami

Miami mansions are known for their incredible amenities, which offer residents a luxurious and pampered lifestyle. Some of the most popular amenities found in Miami mansions include:

Private Beaches and Oceanfront Access: Imagine waking up every morning to the sound of waves gently lapping at your private beach. Many Miami mansions offer direct access to the ocean, providing residents with a tranquil and secluded beach experience. Whether you're looking to relax and soak up the sun or enjoy water sports and activities, Miami's private beaches offer the ultimate luxury experience.

Infinity Pools and Outdoor Living: Miami mansions often feature stunning infinity pools that seem to blend seamlessly into the ocean. Many also feature expansive outdoor spaces, complete with outdoor kitchens, fire pits, and lounge areas. These spaces are perfect for entertaining guests or simply enjoying a quiet evening at home. The combination of lush landscaping, panoramic ocean views, and state-of-the-art outdoor amenities creates an idyllic setting for luxury living in South Florida.

Private Docks: For yacht owners, a private dock is essential. Miami's waterfront mansions frequently include deep-water docks capable of accommodating vessels of 60 feet or more.

Miami Beach Island Mansions

Most of the Miami Beach mansions can be found on the many islands that dot the city, offering unparalleled luxury island living. Star Island, Palm Island, Hibiscus Island, and the Sunset Islands all lie due west of Miami Beach. Indian Creek Island, one of the most exclusive islands in Miami Beach, is due west of Surfside (close to Bal Harbour). Fisher Island, perhaps the most private of them all, is located due south of South Beach.

Indian Creek Island

Trying to find a mansion on Indian Creek Island is no easy feat. Even when the real estate market activity in the region is low, the demand for homes on Indian Creek Island is always strong given that there are only 40 lots available. Prices typically range from $30 million to over $100 million. Some notable past and present residents of the island include Carl Icahn, Julio Iglesias, Adriana Lima, Ivanka Trump and Jared Kushner, and Tom Brady.

La Gorce Island

Moving to La Gorce Island, close to North Beach, this 56-acre island has played home to famous residents like Billy Joel, Ricky Martin, Cher, Matt Damon, and Lil Wayne.

Palm Island

Palm Island in Biscayne Bay, connected to Miami Beach by a causeway, is a man-made, 82-acre private island.

Star Island

Star Island, a man-made island of only 86 acres that houses only 30 lots, is perhaps the most famous island in the Miami Beach area because it was home to Tony Montana in Scarface. Gloria Estefan, Shaquille O'Neal, Rosie O'Donnell, P. Diddy, and Vladislav Doronin are residents of this island today. Expect prices from $25 million to $90 million or more.

Palm Island and Hibiscus Island

Created in 1923, Palm Island and Hibiscus Island are two private man-made islands in Biscayne Bay. These islands are gated and very private. Once home to Al Capone and Barbara Walters, these islands are now home to Enrique Iglesias and Shakira, among others.

Fisher Island

Perhaps the most exclusive of all locations is Fisher Island. It is accessible only by private ferry or helicopter and sits just off the southern tip of Miami Beach. Fisher Island is where William Vanderbilt erected his winter estate. Famous past and present residents include Julia Roberts, Boris Becker, Andre Agassi, Oprah Winfrey, and Jim Carrey, plus many Fortune 500 CEOs.

Palm Beach (Bonus)

While not exactly in Miami, Palm Beach has some of the most interesting mansions in all of Florida. It is, perhaps, the island that is packed with the most billionaires, including Stephen Ross, Stephen Schwarzman, Julia Koch, and Bill Gates, as well as many political figures.

Security Features in Miami Mansions

Luxury mansions in Miami often come with advanced security features to protect residents and their property. Some common security features include:

Gated Communities: Many luxury mansions are located in gated communities with 24/7 security personnel, providing an added layer of protection and peace of mind.

Private Security Systems: High-end security systems with cameras, motion detectors, and alarm systems are standard in Miami mansions. These systems offer remote monitoring and control, allowing residents to keep an eye on their property from anywhere.

Smart Home Technology: Advanced smart home technology enables residents to control security features, lighting, and climate remotely. This technology enhances convenience and security, making it easier to manage the home.

Secure Parking and Garages: Secure parking and garage systems are essential for protecting vehicles and providing safe access to the home. Many mansions feature gated driveways and private garages with advanced security measures.

Panic Rooms and Safe Rooms: For added protection, some mansions include panic rooms or safe rooms. These secure spaces are designed to keep residents safe in case of emergencies.

Design Elements of Miami Mansions

Miami mansions are known for their stunning design and architecture. Some popular design elements include:

Expansive Ocean Views: Many mansions in Miami are designed to maximize ocean views, with large windows and outdoor living spaces that offer breathtaking vistas.

High Ceilings and Large Windows: High ceilings and large windows are common features in Miami mansions, creating a sense of openness and allowing natural light to flood the living spaces.

Luxurious Finishes: From marble and hardwood to stone and custom cabinetry, Miami mansions feature high-end finishes that add elegance and sophistication to the interiors.

Smart Home Technology: State-of-the-art smart home technology and automation systems are integral to modern luxury living. These systems offer convenience, security, and energy efficiency.

Private Pools and Outdoor Kitchens: Many mansions in Miami include private pools and outdoor kitchens, perfect for entertaining and enjoying the tropical climate. These features enhance the outdoor living experience and provide a resort-like atmosphere.

Spa-Like Bathrooms: Spa-like bathrooms with high-end fixtures, soaking tubs, and walk-in showers are a hallmark of Miami mansions. These spaces offer a serene retreat for relaxation and rejuvenation.

Gourmet Kitchens: Gourmet kitchens with top-of-the-line appliances, custom cabinetry, and spacious layouts are designed for both functionality and style. These kitchens are ideal for cooking enthusiasts and those who love to entertain.

Tips for Buying a Mansion in Miami

Buying a mansion in Miami can be a complex and competitive process. Here are some tips to keep in mind:

Work with a Reputable Real Estate Agent: Partnering with an experienced real estate agent who knows the Miami mansion market is crucial. They can provide valuable insights, access to exclusive listings, and expert negotiation skills to help you find your dream home.

Research the Neighborhood: Understanding the local market trends and neighborhood characteristics is essential to ensure you're getting the best value for your money. Consider factors such as proximity to amenities, school districts, and future development plans.

Evaluate Potential Homes: When assessing mansions, consider the location, size, and amenities. Look for features that align with your lifestyle and preferences, such as ocean views, private pools, or smart home technology.

Negotiate Wisely: Don't be afraid to negotiate the price and terms of the sale. Many mansions in Miami have room for negotiation, and a skilled real estate agent can help you secure the best deal.

Consult a Real Estate Attorney: Working with a real estate attorney can ensure a smooth and secure transaction. They can review contracts, handle legal paperwork, and provide peace of mind throughout the buying process.

By incorporating these elements, Miami mansions offer a unique blend of beauty, comfort, and modern convenience, making them some of the most desirable properties in the world.

FREQUENTLY ASKED QUESTIONS ABOUT MIAMI MANSIONS

How much does a mansion cost in Miami?

Miami mansion prices vary significantly based on location, size, and waterfront access. On the mainland in areas like Coral Gables and Coconut Grove, expect to pay $5 million to $20 million. Waterfront mansions on Miami Beach islands like Palm Island and Hibiscus Island typically range from $15 million to $50 million. The most exclusive addresses—Star Island, Indian Creek Island, and Fisher Island—command $30 million to over $100 million.

What is the most expensive neighborhood for mansions in Miami?

Indian Creek Island is widely considered the most expensive and exclusive neighborhood for mansions in Miami. With only 40 lots on the entire island, 24/7 security, and its own police force, it's often called "Billionaire Bunker." Mansions here rarely come on the market and typically sell for $30 million to over $100 million. Fisher Island and Star Island are close seconds in terms of exclusivity and price.

What islands have mansions in Miami Beach?

The main islands with mansions in Miami Beach include Star Island (30 lots), Palm Island, Hibiscus Island, the Sunset Islands, La Gorce Island, Indian Creek Island (40 lots), and Fisher Island. Each offers a different character—Star Island is the most famous, Indian Creek is the most exclusive, and Fisher Island is the most private, accessible only by ferry or helicopter.

What celebrities live in Miami mansions?

Miami's mansion-filled islands have attracted numerous celebrities over the years. Current and past residents include Gloria Estefan, Shaquille O'Neal, P. Diddy, and Vladislav Doronin on Star Island; Tom Brady, Ivanka Trump, Jared Kushner, Carl Icahn, and Julio Iglesias on Indian Creek Island; Billy Joel, Ricky Martin, and Lil Wayne on La Gorce Island; Enrique Iglesias and Shakira on Hibiscus Island; and Julia Roberts, Oprah Winfrey, and Andre Agassi on Fisher Island.

What is the difference between a mansion and a luxury home in Miami?

While all mansions are luxury homes, not all luxury homes qualify as mansions. Generally, a mansion is over 8,000 square feet with multiple bedrooms, significant outdoor space, and premium amenities like pools, private docks, and guest houses. Location also matters—a waterfront estate on Star Island carries more prestige than a similarly sized home in a suburban development. McMansions, by contrast, are large mass-produced homes that look expensive but lack the quality construction, unique design, and prime location of a true mansion.

Do Miami mansions come with private docks?

Many waterfront mansions in Miami include private docks, which is one of the most sought-after amenities for buyers. Most docks can accommodate vessels of 40 to 100+ feet depending on the property's water depth and dock size. Properties on Biscayne Bay, the islands, and along the Intracoastal Waterway are most likely to offer deep-water dockage suitable for larger yachts.