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Single Family Residence
$7,890,000$1,948 / sqft
607 Melaleuca Ln, Miami FL 33137
Listed
4
Bedrooms
5
Bathrooms
4,050 sqft
Interior
1955
Year built
$421 / mo
HOA
Single Family Residence
Type
About this home
Located in the exclusive, private gated community of Bay Point, this refined residence blends timeless style with modern comfort in one of Miami’s most secure and sought-after enclaves. Offering 4,050 sqft of living space, the home features 4 ensuite bedrooms, plus a flex room on the second floor—ideal for a home office, playroom, or gym. Bright and welcoming interiors flow seamlessly throughout, enhanced by a thoughtful split floor plan and elegant designer touches. An oversized laundry and pantry area adds exceptional convenience and storage. Lush landscaping surrounds the pool area, creating a tranquil retreat ideal for relaxing or entertaining. With 24/7 security and private roads, Bay Point offers unmatched privacy and peace of mind. Just moments from the Design District, world-class shopping and dining, Miami Beach, Downtown & Brickell, top-rated schools, and Miami International Airport.
Features
- First Floor Entry
- Den/Library/Office
- Family Room
- Utility Room/Laundry
- Barbeque
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,800–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.