SURPRISE LAKE

4582 Royal Palm Ave, Miami Beach FL 33140

2 beds · 2 baths · 1,864 ft²

Closed

$1,699,999

Est. Payment $9,048/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,864

Sq. Ft.

1951

Year Built

1

Garage

8

Days on Market

Description

Located in the highly desirable Nautilus neighborhood, a rare opportunity to secure an oversized 8,475 sq ft corner lot just minutes from the world-famous beaches of Miami Beach. Currently a 2-bedroom, 2-bathroom home with a detached two-car garage, the property is a true fixer-upper and ideal candidate for redevelopment. Surrounded by newly built luxury residences and custom estates, this lot offers the perfect canvas to design and build a stunning new mansion in one of Miami Beach’s most sought-after residential pockets. Enjoy an unbeatable location near the Atlantic shoreline, Biscayne Bay, and premier lifestyle destinations. Just minutes from Miami Beach Golf Club, top-rated schools, as well as the shopping, dining, and nightlife of Mid-Beach and South Beach, this property combines tranquil residential living with exceptional accessibility. With close proximity to major routes connecting to Downtown Miami and beyond, this is a prime opportunity to build new in a location where demand and value continue to rise.

Facts

MLS#
A11971431
Subdivision
SURPRISE LAKE
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1951
Lot Size
8,475 ft²
Sq. Ft.
1,864 ft²
Sq. Mt.
173 m²
Price per sq. ft.
$912/ft²
Price per sq. mt.
$9,827/m²
Stories
Garage
1 spaces
Pool
Days on Market
8 days
Listed
Feb 26, 2026
Last Updated
Mar 27, 2026
Price/Lot Sq.Ft.
$201/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

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

Sellers market

May 2026

100/100
Buyers marketSellers market

45

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).

3/27/2026Sold$1,699,999
2/26/2026Listed for sale$1,699,999

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

Location

4582 Royal Palm Ave, Miami Beach FL 33140Directions

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

$10,615/mo

Principal & Interest

$9,048

Property Tax

$1,417

Insurance

$150

HOA

$0

20% ($340,000)
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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