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3166 Royal Palm Ave, Miami Beach FL 33140
About this home
Experience Miami Beach from this remodeled home located few blocks to the golf course, new Bayshore Park and Tennis Center, Miami Beach Convention Center, and all dining and entertaining in South Beach. Situated on a 7,500-SF lot, this beautifully updated, 4-bedroom 4.5-bath home features bright and spacious living areas, new modern kitchen with breakfast bar, hurricane impact windows, new modern baths, and large bedrooms with built-in closets. Secluded backyard equipped with a hot tub and patio for outdoor lounging, offers extra space for playground or other amenities. Driveway and 1-car garage complete this home.
Features
- First Floor Entry
- Bar
- Other
- Lighting
- Room For Pool
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $13,653
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, 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. 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.