All listings
Active
Active1 / 9
Photo 1 of 9
Single Family Residence
$8,300,000$3,324 / sqft
530 Melaleuca Ln, Miami FL 33137
Listed
3
Bedrooms
3
Bathrooms
2,497 sqft
Interior
1942
Year built
$619 / mo
HOA
Single Family Residence
Type
About this home
Set within the highly coveted, guard-gated enclave of Bay Point, this offering represents one of the largest and most significant parcels in the community at approximately 24,376 square feet. A rare, perfectly rectangular lot of this scale, it provides an exceptional canvas for a landmark custom estate. The proportions of the land allow for a grand residence to be designed with complete flexibility, including the ability to build over 11,000 sq ft of living spaces, while still maintaining a generous outdoor area with ample room for outdoor programming including a padel court, pool, and a bespoke garage or collector’s space. The existing tree canopy offers a rare opportunity to integrate architecture into a fully matured tropical environment from day one. There truly is no other property in Bay Point that combines this level of land size, shape, build potential, and natural maturity. It is a once-in-a-generation opportunity to create a signature estate in one of Miami’s most exclusive neighborhoods.
Features
- First Floor Entry
- Other
- Fruit Trees
- Room For Pool
- None
Leasing
- Minimum lease
- Not stated
- Ok To Lease With Res
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.
Location
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.