SURPRISE LAKE
4582 Royal Palm Ave, Miami Beach FL 33140
2 beds · 2 baths · 1,864 ft²
$1,699,999
Est. Payment $9,048/mo
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
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
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).
| 3/27/2026 | Sold | $1,699,999 |
| 2/26/2026 | Listed 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
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Aventura City Of Excellence SchoolKG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Biscayne AcademyUG · private · 0.6 mi
Philosophical and Spiritual UniversityUG · private · 0.7 mi
Norman S. Edelcup/Sunny Isles Beach K-8PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Spirit Of Christ Child Development Center & AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Spirit Of Christ Child Development CenterPK,KG · private · 0.9 mi
Spirit of Christ Child Development AcademyPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ojus Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.9 mi
SmartKids MiamiPK,KG · private · 0.9 mi
St Lawrence Elementary SchoolKG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Estimated Monthly Payment
$10,615/mo
Principal & Interest
$9,048
Property Tax
$1,417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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