Exquisite $16.9 Million Modern Waterfront Estate in North Miami Beach Offers Unmatched Luxury and Elegance

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A Statement of Modern Waterfront Living

Located on one of the most coveted stretches of the Intracoastal, 342 S Pkwy in North Miami Beach is a newly completed modern residence that reads like a study in material precision and waterfront functionality. Listed at $16.9 million, the home was finished in 2024 and offers 5,660 square feet of interior living across two thoughtfully arranged levels, with a total built area of 6,773 square feet. Sitting on a 10,476 square foot lot with 45 feet of water frontage and a private dock, the property presents a turnkey option for buyers seeking immediate access to ocean boating and resort-style outdoor living.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

Design, Materials and Interior Experience

The architecture of 342 S Pkwy emphasizes clean planes and expansive sightlines that are amplified by high-impact glass and frameless doors, allowing the Intracoastal views to become a continual presence. Inside, the main level is anchored with Taj Mahal stone surfaces and limestone floors that provide a cool, luminous grounding to the open floor plan, while warm wood tones upstairs introduce a softer domestic scale. The Mia Cucina kitchen is outfitted with Sub-Zero and Wolf appliances and features a Cristallo stone bar suited to both intimate evenings and larger gatherings.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

The residence in this North Miami Beach real estate is also equipped with a Control4 smart-home system and Lutron lighting, ensuring that the technical backbone matches the home’s architectural ambition. A dedicated wine room, a pajama lounge and a generously scaled primary suite with dual walk-in closets and a sunset terrace further define the house as a lifestyle proposition rather than a mere collection of rooms.

Outdoor Program and Waterfront Amenities

Outdoor living at 342 S Pkwy reads as a deliberate extension of the interior program. A sun-washed terrace and heated in-ground pool integrate with a spa and a summer kitchen that includes high-end appliances to create an alfresco environment designed for the South Florida climate. The private dock provides direct ocean access, enabling residents to transition from home to sea with ease. An outdoor shower and carefully considered landscape lighting complete the picture, turning the site into a private retreat where sunrise and sunset are both framed by water.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

SEE MORE: Experience Unmatched Waterfront Luxury in Fort Lauderdale with Private Dock Priced at 24.9 Million

Market Context and Transaction History

The listing price of $16.9M signals a significant leap from the property’s recent past. Public records indicate a sale at the same address in September 2020 for $2.5M, reflecting both the investment poured into redevelopment and the premium commanded by new, high-quality waterfront construction in the Golden Beach/North Miami Beach micro-market. The dramatic increase in value is illustrative of a broader trend in North Miami Beach real estate where buyers are favoring turnkey modern builds with substantial waterfront amenities. Annual tax records list a tax amount of approximately $113,558, and the listing is carried in the Miami MLS as MLS# A11917593, with the property posted on the market on December 2, 2025.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

SEE MORE: Naples Luxury Estate Lists for $7.9 Million with Resort-Style Living and Coastal Elegance

Who This Home Will Serve

For a buyer seeking a home in North Miami Beach for sale that couples contemporary design with direct water access, 342 S Pkwy is balanced, sophisticated and highly livable. It will suit owners who prioritize privacy, boating lifestyle and low-maintenance modern materials. Jonathan Mann of Coldwell Banker Realty, the listing agent, explained the target buyer simply: “This home was conceived for someone who values immediate, elegant waterfront access combined with flawless finish work and smart-home integration.” A local colleague familiar with Golden Beach added to Luxury Houses Magazine that “new builds that respect the waterfront while providing modern comforts are the highest currency in this market.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

Neighborhood, Conveniences and Lifestyle Access

Although its street address places it in North Miami Beach, 342 S Pkwy benefits from the quiet, single-family character of Golden Beach, which enforces low density and strong privacy controls. Residents enjoy easy drives to Aventura and Bal Harbour for luxury shopping, while Miami’s cultural amenities, from museum programming to Michelin-caliber restaurants, are readily accessible to the south.

For flying options, Miami International Airport or nearby Fort Lauderdale are within convenient drive times. The combination of community security, well-appointed local services and a short commute to Miami’s economic centers makes 342 S Pkwy especially attractive to families and seasonal residents seeking both connectedness and seclusion.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

SEE MORE: $10 Million Fort Myers Luxury Waterfront Estate with Private Marina, and Resort-Style Amenities

Agent Commentary and Luxury Houses Magazine Outreach

In discussing the listing, Jonathan Mann told Luxury Houses Magazine, “Our goal was to create an environment that reads as effortless and whole from the moment you arrive; buyers won’t need to renovate, they can move in and immediately live the waterfront life.” A second quote from the listing team reflected on the technical care taken during construction: “From impact glass to the Control4 system, every decision was made to ensure longevity and ease of living,” said a Coldwell Banker associate involved in the marketing.

Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring
Interior view of 342 S Pkwy showcasing open-plan living area, Mia Cucina kitchen, and luxury limestone flooring

Final Assessment

342 S Pkwy stands as a compelling example of modern waterfront development in the Florida market. The combination of newly completed construction, substantial water frontage, immediate ocean access via a private dock and high-end interior finishes position the property among the strongest North Miami Beach home for sale offerings this season. Whether evaluated as a primary residence or a luxury seasonal retreat, the home provides both strong lifestyle attributes and a clear expression of value in a market where new turnkey construction remains highly sought after. To know more information about this property, view on Zillow listing.

For inquiries or to schedule a private showing, please contact:

Jonathan Mann
786-877-6201
Coldwell Banker Realty

* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*

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