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$18,900,000

Beds
6
Baths
7.0
sq ft
6,334

4241 Palm Ln, Miami, FL 33137

4241 Palm Ln

Miami, FL 33137

  • 44 days on market
    • Price drop $850,000↓
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 feet of water frontage with 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.

Details

Property type

Single Family Residence

Est. home value

$12,259,661

Lot size

0.35 acres

Price per sq ft

$2,984

Year built

2024

Annual property taxes

$148,075

Monthly HOA fee

$392.58

Price History

12/11/2024
SEF

SEF #A11690739

Price change
$18,900,000
-4.3%
11/08/2024
SEF

SEF #A11690739

Listed
$19,750,000
+198.11%
07/01/2021
SEF

SEF #A10910782

Sold
$6,625,000

Schools & Community

Neighborhood: 

Upper Eastside

Elementary school: 

Shadowlawn

Middle school: 

Miami Edison

High school: 

Miami Central

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ocean Bank

Loan start date

February 2024

Original loan amount

$10,000,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Credit Line (Revolving)

Seller

4241 Palm Lane Llc

Lender

Ocean Bank

Loan start date

February 2024

Original loan amount

$10,000,000

Est. remaining balance

Not provided

Interest rate

6.61%

Loan type

Credit Line (Revolving)

Seller

4241 Palm Lane Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 2:40 AM

Listing updated: 12/11/2024 at 9:30 AM

Listed by: Ana Rodriguez, Coldwell Banker Realty Phone #: (305) 667-4815

MLS: SEF #A11690739

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