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5840 Paradise Point Dr, Palmetto Bay FL 33157

House Recently Sold
$2,050,000

BTC: 34.16666667

ETH: 1,174.11225659

Sold on: 2021-03-15
4 days
Waterfront
4 bds
4 ba
2,829 sqft

Overview

WATERFRONT SINGLE FAMILY HOME! Direct Bay/Ocean Access with NO Bridges to Bay! Incredible Offer under $2M for a Waterfront Home with Incredible Downtown/Deering Bay Views. Price Includes Boat Slip and Option for an Additional Slip. Amazing Corner Unit With Impact Windows and Doors on Cul-De-Sac in the Exclusive Privately Gated Paradise Point at Royal Harbour Yacht Club. Enjoy all the Amenities Including Private Beach/Cabana, Heated Pool/Spa, Clubhouse, Fitness Center, Two Tennis Courts, Nature Trail, Private Marina and So Much More. Home is in Move-In Condition and Features a Wonderful Opportunity to Live a Resort Lifestyle. Please see Virtual tour!

Location

Details

Type:
Residential
Parking:
Driveway / Paver Block
Year Built:
2001
Lot:
5040 Square Feet
Heating:
Central / Electric
Price/sqft:
$705
Cooling:
Central Air / Electric
HOA:
$2,008

Valuation

Our model vs. what's actually selling nearby.
Estimate
$582,000
$399K – $736K
Confidence Low
List vs. estimate
$1.4M above estimate
List $1,995,000 · +242.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$705
+24.4% vs. city median $566
Based on
70 MLS comparables
+ 23 public-records sales within 0.5 mi
Median actual sale: $1.3M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,911
2019
HOA
$2,008/qtr
View
Canal, Other
Waterfront
WF/Ocean Access, Canal Front
Garage
2 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Other

    • Wood

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Trash Compactor

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Pantry

    • Volume Ceilings

    • Walk-In Closet(s)

    • Family Room

    • Florida Room

    • Maid/In-Law Quarters

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Driveway

    • Paver Block

    Property

    • Exterior Features: Lighting / Open Balcony / Tennis Court(s)

    Lot

    • Lot: 5040 Square Feet

    Other Property Information

    • Parcel Number: 33-50-25-009-0060

    • Zoning: 0102

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $2,008

    • HOA Frequency: Quarterly

    • Annual tax amount: $13,911

  • Source details

    • MLS ID: A10980526

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry / Washer/Dryer Hook-Up

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony / Open Porch / Patio

    • Window Features: Clear Impact Glass / Complete Impact Glass / Impact Glass

    • Direction Faces: South

    • Architectural Style: Attached / Three Or More Stories / Multi Level

    • Waterfront: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 2829

    • Water Source: Municipal Water

    • Subdivision Name: PARADISE POINT 1ST AMENDM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Bestway Realty Sales, LLC