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Single Family Residence
$2,690,000$1,097 / sqft
3722 Royal Palm Ave, Miami Beach FL 33140
Listed
3
Bedrooms
3
Bathrooms
2,452 sqft
Interior
1940
Year built
None
HOA
Single Family Residence
Type
About this home
Welcome to 3722 Royal Palm Avenue, a private, gated and elevated Miami Beach retreat offering timeless character, flexible living space and exceptional indoor-outdoor living—with no HOA. The home features three bedrooms, each with a walk-in closet and en-suite bath, plus a versatile flex room ideal for a home office, guest space or potential fourth bedroom. An expansive, light-filled Florida room overlooks the backyard and opens directly to the pool. Throughout the home, real wood, marble and travertine flooring add warmth and elegance, complemented by a gas fireplace. The kitchen features stainless-steel appliances and a gas range, while the indoor laundry room provides additional storage and potential space for a fourth bathroom. Recent improvements include new water and sewer lines completed in 2024 and a tankless gas water heater installed in 2025. Outside, the fully fenced property showcases a spectacular 15-by-30-foot Van Kirk pool with integrated spa and gas heater, along with a large covered patio—all completed in 2024. Impact windows and off-street parking add everyday convenience. Ideally located near the beach, schools and houses of worship, this distinctive property offers privacy, comfort and the best of the Miami Beach lifestyle. We are considering leasing for 1 year $11,600/m.
Features
- First Floor Entry
- Closet Cabinetry
- French Doors
- Walk-In Closet(s)
- Family Room
- Lighting
- Garden
Location
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 3-bed rentals in Miami Beach, from 20 active listings; the middle half ask $6,900–$17,500.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.