PARADISE POINT 1ST AMENDM

5848 Paradise Point Dr, Palmetto Bay FL 33157

6 beds · 5.5 baths · 5,870 ft²

Closed

$5,595,000

13.91%

Est. Payment $29,779/mo

MLS Sheet Video

6

Bedrooms

5.5

Bathrooms

5,870

Sq. Ft.

2004

Year Built

2

Garage

114

Days on Market

Description

Experience your dream retreat at Royal Harbour’s Paradise Point! This stunning four-story waterfront property seamlessly blends luxury and comfort, featuring 24-hour security for your peace of mind. Relax or entertain under the stars on the beautiful rooftop terrace, and enjoy the convenience of an elevator. The high-impact windows and doors provide safety and quiet, while the deeded boat slip allows you to fully embrace the boating lifestyle with no bridges to the bay. Previously owned by the renowned architect and artist Brito, this home offers plenty of space for family and friends. Community amenities include a private beach, a heated pool, a jacuzzi, tennis and pickleball courts, a basketball court, a gym, a clubhouse, a nature trail, and a full service marina.

Facts

MLS#
A11691202
Subdivision
PARADISE POINT 1ST AMENDM
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
2004
Lot Size
5,527 ft²
Sq. Ft.
5,870 ft²
Sq. Mt.
545 m²
Price per sq. ft.
$953/ft²
Price per sq. mt.
$10,266/m²
Stories
Garage
2 spaces
Pool
Days on Market
114 days
Listed
Nov 10, 2024
Last Updated
Jun 16, 2025
Price/Lot Sq.Ft.
$1,012/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Palmetto Bay

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

60

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/16/2025Sold$5,595,000
1/26/2025Price change$5,595,000-13.9%
11/10/2024Listed for sale$6,499,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5848 Paradise Point Dr, Palmetto Bay FL 33157Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$34,591/mo

Principal & Interest

$29,779

Property Tax

$4,663

Insurance

$150

HOA

$0

20% ($1,119,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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