1 year on rocket

4241 Palm Ln, Miami, FL, 33137

$20,000,000

6 Bedrooms
7 Full Baths
6,334 SqFt
$3,158/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Detached, Garage, Guest, Garage Door Opener
Garage9 spaces
Year Built2011
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontCanal, Ocean Access
ViewCanal
MLS #A11372412
StatusActive

About 4241 Palm Ln

CASA EXUMAS, a BOATER'S DREAM. Enjoy Miami's lifestyle at its best. Located on the exclusive island of BayPoint, a truly gated community. With ±85 feet of water frontage, a private dock, and direct access to Biscayne Bay, this luxurious modern tropical waterfront residence boasts high-end finishes throughout. Features spacious living room with 25 ft ceilings and modern fireplace, formal dining room with wine cellar, six large bedrooms, family room, and gourmet kitchen. Double-height air-conditioned garage with car lift. Infinity-edge pool, jacuzzi, and summer kitchen to enjoy with family and friends. Equipped with smart system, generator, 9-car motor court, office, and maid's quarter. Private financing available.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 2011
  • Stories: 2
  • Living Area: 6,334 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 667-4815
  • Listing Agent: Ana Rodriguez

Interior Features

Interior Information:

  • Appliances: Other, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Marble
  • Interior: Built-in Features, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Dual Sinks, First Floor Entry, Separate Shower, Upper Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Canal, Ocean Access
  • View: Canal
  • Exterior: Barbecue, Deck, Fence, Fruit Trees, Outdoor Shower, Security/High Impact Doors

Parking Information:

  • Garage Space: 9 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached, Garage, Guest, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 4241 Palm Ln

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $20,000,000
  • Price Per SqFt: $3,158/SqFt

HOA Fees:

  • Amount: $4711
  • Frequency: Annually

Tax Information:

  • Annual Amount: $54,122
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

4241 Palm Ln vs Miami

378 DAYS ON ROCKET

+319 Days

$20,000,000

+$19.4M More

$3,158/SqFt

+$2.7K More

KEY TAKEAWAY

This property is $19.4M more than the Median Sold Price and $2.7K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11372412

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 667-4815
  • Listing Agent: Ana Rodriguez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$54,122$2,564,950
2018$51,037$2,460,533
2017$50,548$2,409,925

History based on county public records data.

Payment Calculator

$100.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$60K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2714085
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.31 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2714086
2
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.91 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2714087
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.58 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,364. Residents of Miami, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4241 Palm Ln

What is the listing price of this property?

The listing price of 4241 Palm Ln property is $20,000,000.

What type of property is this?

The property 4241 Palm Ln is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 4241 Palm Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4241 Palm Ln are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 2/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $54,122 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4241 Palm Ln has 6 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 4241 Palm Ln is 6,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4241 Palm Ln is 2011.
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Rocket HomesFloridaMiami-Dade CountyMiami331374241 Palm Ln

This home is located at 4241 Palm Ln in Miami, FL and zip code 33137 in the Bay Point neighborhood. This 6,334 square foot home was built in 2011. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since April 16, 2023 and is currently priced at $20,000,000.

In March 2024, from all listings sold in Miami, FL there were more than 115 sold above asking price, over 619 sold below and more than 149 were sold right at the asked price. The number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

From Rocket Homes Real Estate and based on county public records data.

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