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Waterfront · Townhouse
$1,950,000$499 / sqft
6157 Paradise Point Dr, Palmetto Bay FL 33157
Listed
4
Bedrooms
4
Bathrooms
3,909 sqft
Interior
1997
Year built
$895 / mo
HOA
Townhouse
Type
About this home
**WELCOME TO "COASTAL BLISS" – YOUR PRIVATE SLICE OF PARADISE!** Experience the ultimate coastal lifestyle in the prestigious, guard-gated Royal Harbour Yacht Club, a hidden gem nestled along Biscayne Bay with the charm of the Florida Keys! This beautifully appointed 4-bedroom, 3.5-bath corner townhome offers the perfect blend of luxury, comfort, & tropical elegance. Step inside to discover travertine floors throughout, updated kitchen, stainless steel, top of the line, Miele appliances, plantation shutters & upgraded lighting. Enjoy the convenience of a private elevator, impact-resistant windows, impact doors, and a spacious 2-car garage. The crown jewel? Your private rooftop terrace! Complete with a built-in BBQ, refrigerator, ice maker, & a spa, it's the perfect setting for sunset cocktails, entertaining under the stars, or simply enjoying the coastal breeze. Beyond your doorstep, indulge in a resort-style lifestyle featuring a private beach, heated pool & spa, clubhouse, fitness center, tennis/pickleball courts, full-service marina, & a scenic nature trail leading to Biscayne Bay. All within a secure, guard-gated waterfront community that feels like a year-round vacation! Boating enthusiasts, take note! A separate boat dock is available for purchase at an additional price. Larger than tax roll reflects. Move-in ready & waiting for you! At Coastal Bliss, you're not just buying a home—you're embracing a lifestyle where every day feels like a getaway!
Features
- First Floor Entry
- Open Balcony
- Other View
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 1
- Ok To Lease
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.
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 4-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,995–$4,000.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.