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4490 Royal Palm Ave, Miami Beach FL 33140
About this home
Experience the best of Miami Beach living in this Art Deco corner lot residence. Thoughtfully renovated to preserve its original charm, this two story home features a brand new roof completed in 2025, a grand marble fireplace, and beautifully restored original wood floors throughout. The thoughtfully designed floor plan offers three bedrooms upstairs, including the primary suite, along with two bathrooms. The main level includes an additional bedroom with an en suite bathroom, ideal for guests or multigenerational living. The spacious kitchen blends classic character with modern convenience and offers sleek cabinetry, stainless steel appliances, and a built in wine fridge, making it ideal for both everyday living and entertaining. Outdoors, enjoy an expansive pool and yard area complemented by a private basketball court. An additional office or flex space, accessible via exterior stairs, provides a versatile setting for a home office or gym. Set on a picturesque tree lined street just minutes from 41st Street shopping, the beach, and with easy access to the Design District, Downtown Miami, and Miami International Airport, this home offers a rare combination of charm, space, and location.
Features
- First Floor Entry
- Other
- Den/Library/Office
- Pool
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
- $13,648
- 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.