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Listed
Nestled on a quiet cul-de-sac on one of the largest lots in Palmetto Bay, this stunning tropical compound is an entertainer's dream, defined by premium modern updates and a spectacular outdoor oasis. The expansive backyard serves as your private resort, featuring a massive tiki hut perfect for alfresco dining, a sparkling freeform pool, and a sprawling lush lawn. This outdoor paradise is complemented by a majestic tumbled-stone paver pool deck and an oversized, matching driveway leading to a three-car garage. Inside, peace of mind meets luxury with impact windows and doors, elegant plantation shutters, and rich hardwood and stone flooring throughout. At the heart of the home is a fully updated chef’s kitchen equipped with a gas range and a large breakfast area, flowing seamlessly into a huge family room, formal living/dining spaces, and a private in-law suite. Situated just minutes from South Florida’s premier private schools (Gulliver, Westminster, Palmer Trinity) and top-rated A+ public schools, you are also within walking distance to the 50-acre Coral Reef Park and the historic Deering Estate.
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 5-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $5,000–$20,000.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.
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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