Atlantic Luxury Advisors
3685 Royal Palm Ave photo 13685 Royal Palm Ave photo 23685 Royal Palm Ave photo 33685 Royal Palm Ave photo 43685 Royal Palm Ave photo 5

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3685 Royal Palm Ave

Miami, FL 33133

$5,500,000
3
3
3,292 sq ft
21,000 sq ft
1945
Single Family Residence
83
Active

Listing courtesy of BHHS EWM Realty (Claudia Bacelar). Contact: [email protected].

About this home

Exceptional opportunity to own a classic, Mediterranean-style home, one of South Coconut Grove’s most unique properties. This ultra-private estate sits on an extraordinary 21,000 sf lot with a 700 sf pool surrounded by lush tropical gardens. Light-filled interior flows easily from the main living areas to inviting outdoor spaces. This vintage Mediterranean style home offers original Dade County pine floors, a grand living room with 11 ft ceilings, wood burning fireplace and adjoining sunroom creating a most enjoyable serene setting and timeless appeal. The formal dining room has an adjoining butler pantry, and the kitchen opens to a garden patio perfect for alfresco dining. On the second floor, there are 2 bedrooms, bath and a Primary Suite with a wood burning fireplace, bathroom with rainfall shower and steam and private terrace overlooking the pool and grounds. Impact windows throughout, full home generator and multiple CC cameras. Available architectural plans to upgrade the house to a total of 6,217 sf and 5-bedroom suites, presenting a rare opportunity to enjoy the existing residence, expand, or create a new custom estate. Whether you choose to enjoy the home as it is, personalize and expand over time, or design a new custom residence, this exceptional property offers rare flexibility for both end users and developers.

What it costs to own
Estimated monthly payment
$39,664/mo
Principal and interest
$27,811
Property tax
$8,411
Homeowners insurance
$3,442
HOA(not in the listing)
$0

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$100,933/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
Not stated in the listing; ask us
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.