HOMES FOR SALE IN THE NAUTILUS SUBDIVISION, MIAMI BEACH, FL
The Homes For Sale in the Nautilus Subdivision of Miami Beach range in style from Colonial Spanish to Ultra Modern, dating from the 1920's to new construction. Home prices for properties sold in 2012 range from a Short Sale at $450k for a 1,962 sq. ft., 3 Bed, 3 Bath to $6.8 Million for a 9,652 sq.ft. 8 Bedroom, 9 Bathroom. Please see the chart below for additional sales history.
This is one of my favorite neighborhoods in Miami Beach. I always enjoy seeing the various styles and sizes of the homes with their well maintained gardens and artistic embellishments. As an area with exclusively Single Family Homes it is a welcome contrast to the surrounding jungle of highrise condominiums. (* Rumor has it that the former Miami Heart Institute in the North East section may be converted into Condominiums, suitably upscale Ritz Carlton Residences)
Many of these magnificient homes are owned by celebrities and captains of industry. Yet the neighborhood retains a peaceful athmosphere. The only intrusion to this peace is the activity associated with the Mt. Sinai Medical Center located to the South West.
Some Sample Homes in the Nautilus subdivision of Miami Beach, FL
Current Active Listings for homes in the Nautilus Subdivision range in price from $795k to $11.9 Million. This is quite a large spread for homes within a relatively small area. The price difference is attributed to whether the property is waterfront or not, lot size, home size and of course the condition of the property. Homes overlooking Biscayne Bay on prestigious North Bay Road command a premium. Also todays buyers favor an up to the minute modern style over more traditional styles of architecture often resulting in multiple offers for these properties. While the majority of the homes are very well maintained, there are a few "fixer-uppers" scatered throughout. With the economy recovering, I expect that these will soon be renovated and possibly flipped.
The Nautilus Subdivision is located on the western side of the the island, in the mid-beach section. it is bordered by Biscayne Bay on the West, Biscayne Waterway on the East, 41st Street (aka Arthur Godfrey Road) on the South and W 48th St on the North. The main traffic thoroughfare is Alton Road, which runs North-South, but while there is a constant flow of traffic, it is not too busy compared to Collins Avenue (A1A) further East.
If you are interested in purchasing a home in the Nautilus Subdivision of Miami Beach, please contact me at 305-520-9436