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Waterfront · Single Family Residence
$37,500,000$4,489 / sqft
498 N Parkway Pkwy, Golden Beach FL 33160
Listed
8
Bedrooms
10
Bathrooms
8,353 sqft
Interior
2002
Year built
None
HOA
Single Family Residence
Type
About this home
Stunning modern Mediterranean castle in the illustrious Golden Beach, positioned in one of the neighborhood's quiet cul-de-sacs. This legacy estate boasts 200 ft of prime Intracoastal water frontage with rare long water views. The property encompasses nearly 20,000 sq ft, with almost 10,000 sq ft of luxurious living space behind private gates that open to breathtaking curb appeal. Experience unmatched quality with the finest finishes throughout, embodying Italian grandeur and a warm, homey ambiance. Pristine water views are visible from nearly every room, making this home a magnificent creation in one of the best locations.
Features
- First Floor Entry
- Bar
- Built-in Features
- Cooking Island
- Volume Ceilings
- Walk-In Closet(s)
- Wet Bar
- Den/Library/Office
- Family Room
- Great Room
- Barbeque
- Built-In Grill
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 8-bed rentals across Miami-Dade, from 8 active listings; the middle half ask $35,000–$150,000.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.