Skip to content
All listings
Single Family Residence at 4490 Royal Palm Ave, Miami Beach FL 33140Active
1 / 27

Photo 1 of 27

Single Family Residence
$2,699,000$1,132 / sqft

4490 Royal Palm Ave, Miami Beach FL 33140

4
Bedrooms
4
Bathrooms
2,384 sqft
Interior
1936
Year built
None
HOA
Single Family Residence
Type

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

$13,648

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.

Courtesy of
Compass Florida, LLC

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.