4241 Palm Ln, Miami FL 33137, MIAMI, FL, 33137
Active385 days on marketListed Jul 27, 2025MLS #A11842186
About this home
4241 Palm Ln, Miami FL 33137
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 ft of water frontage, 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.
Facts & features
The home at a glance
6
Bedrooms
7
Bathrooms
6,334
Sqft
3
Garage
2014
Year built
$4,105
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$162,937 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$162,937/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami actives
$4,105 vs $511
Days on market
385 vs 66 typical
Where $4,105/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Upper Eastside
Get to know Miami. See the full Miami guide →
Upper Eastside — neighborhood snapshot
Population
14,642
Median age
43
Median income
$80,911
Median home value
$854,030
Avg household
2
Households w/ children
1,433
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 5433% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 4241 Palm Ln
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Apr ’26$10,250,000
4403 Palm Ln, Miami FL 33137 · same community
4 bd · 4.5 ba · 4,206 sqft · $2,437/sqft · 82 DOM
Sold · Jul ’26$27,250,000
790 Lake Rd, Miami FL 33137
6 bd · 7.5 ba · 6,361 sqft · $4,284/sqft · 233 DOM
Sold · May ’26$17,150,000
761 Buttonwood Ln, Miami FL 33137
6 bd · 6.5 ba · 7,237 sqft · $2,370/sqft · 122 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
German Parra Tovar
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 4241 Palm Ln — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 4241 Palm Ln — before you fall in love.
See it in person
Schedule a tour
Live availability from German's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
4241 Palm Ln FAQs
What would the monthly payment be for 4241 Palm Ln, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $162,937/mo — principal and interest, the actual property-tax bill, the $393/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 4241 Palm Ln, Miami FL 33137?+
The association fee works out to $393 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 4241 Palm Ln, Miami FL 33137?+
The most recent tax bill on record (2024) was $148,074. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 4241 Palm Ln, Miami FL 33137?+
The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $26,000,000, this home is listed about 4162% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 4241 Palm Ln, Miami FL 33137?+
Morningside K-8 Academy (elementary), District Instructional Center (Dic) (), Horace Mann Middle School (middle), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$26,000,000 runs 5433% above the MIAMI 33137 median — but at 6,334 sqft it's also nearly 5 times the size of the typical Miami listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
385 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
04Strong assigned schools
Morningside K-8 Academy, District Instructional Center (Dic), Horace Mann Middle School, Booker T. Washington Senior High, Instructional Center System Wide, Title I Migrant Education Program — Morningside K-8 Academy rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Coldwell Banker Realty · Ana Teresa Rodriguez. MLS #A11842186.
IDX information 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. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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