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4241 Palm Ln, Miami FL 33137
About this home
CASA EXUMAS – A Boater's Dream and a true Miami lifestyle experience. Nestled in the exclusive, gated community of Bay Point, this luxurious, modern tropical waterfront residence offers approx. 85 ft of water frontage, a private dock and direct access to Biscayne Bay. Enjoy high-end finishes, including spacious living room with 25-foot ceilings, sleek fireplace, formal dining room with wine cellar, family room, & gourmet kitchen. Six generous bedrooms feature private bathrooms and walk-in closets, including office and maid's quarters. Exteriors include a double-height, air-conditioned 3-car garage with car lift, 5-car motor court, infinity-edge pool, jacuzzi, summer kitchen, Ipe wood deck surrounded by tropical landscaping. Smart home system & generator. Private financing available.
Features
- First Floor Entry
- Built-in Features
- Den/Library/Office
- Barbeque
- Fruit Trees
- Outdoor Shower
- Canal
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
- $131,470
- HOA
- $393 / mo
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.