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*MOTIVATED SELLER* Deeded Dock for BIG YATCHS plus a 24,000lbs BOAT LIFT, located in Island 5, “the most desirable island in Keystone Point”. Experience the ultimate South Florida waterfront lifestyle in this beautifully renovated canal-front residence. Situated on an oversized 15,000± SF lot with direct ocean access and no fixed bridges, this exceptional property is a true boater’s dream, FIVE MINUTES AWAY FROM HAULOVER SANDBAR AND HALOUVER OCEAN ACCESS. Offering 4 bedrooms, 3 full baths, and nearly 3,200 SF of living space, the home features abundant natural light, and a seamless open layout designed for both comfortable living and entertaining. Parking for 10 vehicles. High-impact windows and sliding glass doors provide peace of mind while showcasing beautiful water views throughout. The resort-style backyard is highlighted by a sparkling pool overlooking the canal, creating the perfect setting for outdoor dining, relaxing, and enjoying Miami’s year-round sunshine. Whether departing by boat for a day on the water or entertaining guests poolside, this home delivers an unmatched waterfront lifestyle. Ideally located close to Bal Harbour, Aventura, Sunny Isles Beach, world-class shopping and fine dining. Opportunities to own a move-in-ready waterfront home with an oversized lot and unrestricted ocean access are increasingly rare. A truly exceptional property where luxury, boating, privacy, and location come together in one remarkable offering.
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.
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.
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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