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Active
Single Family Residence
$3,500,000$1,105 / sqft

1940 Alamanda Dr, North Miami FL 33181

4
Bedrooms
5
Bathrooms
3,168 sqft
Interior
2026
Year built
None
HOA
Single Family Residence
Type

About this home

Brand-new completed construction in the prestigious guard-gated community of Keystone Point. This exceptional 2-story pool home features 4 bedrooms, 4.5 bathrooms, and en-suite baths in every bedroom. Curated with sophisticated designer finishes throughout, the residence showcases large-format 48” porcelain flooring, 8-foot interior doors, hurricane-impact glass, and a sleek metal roof. Elevated construction provides added peace of mind. The chef’s kitchen is a true centerpiece, appointed with premium Sub-Zero and Wolf appliances along with stunning Taj Mahal quartzite countertops and backsplash. Select bathrooms are elegantly finished with luxurious Onyx stone details, adding warmth and sophistication. Enjoy seamless indoor-outdoor living with a spacious covered patio overlooking the private pool, perfect for entertaining year-round. Complete with a 2-car garage and ideally located minutes from Bal Harbour, beaches, dining, and top-rated schools. Move-in ready in one of North Miami’s most sought-after communities.

Features

  • First Floor Entry
  • Pantry
  • Volume Ceilings
  • Walk-In Closet(s)
  • Family Room
  • Utility Room/Laundry
  • Lighting
  • Garden
  • Pool

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$17,698

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$17,698
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.

Courtesy of
Montgomery & Koebel, Inc.

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.

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 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.