3760 Royal Palm Ave, Miami Beach, FL 33140 — MLS photo

Active · SingleFamilyResidence

$2,250,000

3760 Royal Palm Ave, Miami Beach, FL 33140

Beds: 4
Baths: 5
Living area: 1,908 sq ft
$ / sq ft: $1,179/sq ft
Year built: 1940
Lot size: 7,500 sq ft
HOA fee: —
Annual tax: $35,244

About this property

Located on Royal Palm Ave, this beautifully renovated single-family home in Miami Beach offers a spacious backyard and an open floor plan. The residence includes an inviting kitchen, large dining area, and family room. Ideally situated near 41st St, providing convenient access to shopping, dining, and walking areas, and close to I-195 for easy commuting. The neighborhood is highly desirable, with proximity to the beach, hotels, restaurants, and a golf course.

Property location

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3760 Royal Palm Ave, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms: 4
Bathrooms: 5
Living area: 1,908 sq ft
Flooring: Hardwood, Other, Wood
Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air
Heating: Electric
Interior features: Bedroom On Main Level, Convertible Bedroom, First Floor Entry, Living Dining Room, Walk In Closets
Furnished: Unfurnished

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1940
Lot size: 7,500 sq ft
Architectural style: Detached, One Story, Spanish Mediterranean
Roof: Barrel, Flat
Construction: Block
Exterior features: Fruit Trees, Patio
Pool: None
View: Garden

Parking

Garage spaces: 0
Covered spaces: 1
Parking features: Driveway

HOA, Community & Financials

Pets allowed: No, Yes
Annual tax: $35,244
Subdivision: ORCHARD SUB 2 & 3
County: Miami-Dade
Days on market: 301
MLS listing ID: A11931374
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Estimated monthly cash flow

-$6,256

Cap rate: 2.4%
Net yield: 2.4%
Cash-on-cash return: -11.9%
Gross yield: 5.1%
Mortgage payment: $10,666/mo
Down payment: $562,500
Loan amount: $1,687,500
Annual NOI: $52,924

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.