$2,750,000
Sold · July 16, 2025
Royal Palm
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $2,750,000
- Vs. list price
- 1.9% over
- Days on market
- 2
- Price per sq ft
- N/A
This lot in Surprise Lake sold for $2,750,000 on July 16, 2025. That was 1.9% above its final list price of $2,700,000. It spent 2 days on the market.
Listing Snapshot
- Sold Price
- $2,750,000
- Sold On
- July 16, 2025
- Days on Site
- 2 Days
- Bedrooms
- 0
- Total Baths
- 0
- Lot Size
- 13800 Acres
- Property Type
- Land
- MLS #
- A11810389
- Property Tax
- $31,892 (2024)
- Subdivision
- SURPRISE LAKE
- County
- Miami Dade
- Status
- Sold
About This Property
WELCOME TO 4500 ROYAL PALM AVENUE — ON THE MARKET FOR THE FIRST TIME EVER! THIS IS A RARE OPPORTUNITY TO PURCHASE A VACANT LOT IN ONE OF MIAMI BEACH’S MOST PRESTIGIOUS NEIGHBORHOODS. THE ADDRESS INCLUDES TWO LOTS, BUT ONLY THE BACK LOT — A COMPLETELY VACANT PARCEL — IS FOR SALE.SITUATED ON A MASSIVE CORNER WITH OVER 13,000 SQUARE FEET, IT’S ONE OF THE LARGEST AVAILABLE RESIDENTIAL LOTS IN THE AREA. WHETHER YOU'RE AN INVESTOR, ARCHITECT, OR FUTURE HOMEOWNER, THIS BLANK CANVAS IS READY FOR YOUR DREAM BUILD.LOCATED ON ICONIC ROYAL PALM AVENUE, THIS LOT OFFERS ENDLESS POTENTIAL TO CREATE A CUSTOM ESTATE OR LUXURY RESIDENCE.RARE OFFERING. PRIME LOCATION. ENDLESS POTENTIAL.
MLS media linkGeneral Features
- Property Type
- Land
- Status
- Sold
- Lot Size (Acres)
- 13800
- Water Source
- Other
- Zoning
- 0100
Exterior Features
- Lot Features
- Corner Lot
Community & HOA
- Utilities
- None / Sewer Available
- MLS Area
- 2320
About the Community
Surprise Lake is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $2,200,000 to $6,400,000. Pure Equity lists homes in Surprise Lake and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 2
- Under Contract
- 0
- Median List Price
- $4,172,500
- Median $/Sq Ft
- $1,329
- Avg Days on Market
- 114
Frequently Asked Questions
- How do I schedule a tour of Royal Palm, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of Royal Palm, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is Royal Palm, Miami Beach, FL 33140 still available?
- Royal Palm, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 2 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for Royal Palm, Miami Beach, FL 33140?
- With 20% down ($540,000) on the $2,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for Royal Palm, Miami Beach, FL 33140 is about $14,190/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy Royal Palm, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on Royal Palm, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of Royal Palm, Miami Beach, FL 33140?
- Often, yes. The right offer on Royal Palm, Miami Beach, FL 33140 depends on how it's priced against comparable land sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Coldwell Banker Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$2,750,000
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Listed by Ari Schickman, Coldwell Banker Realty
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Recent Sales
Recently sold homes in Surprise Lake
These are the last 6 recorded closings in Surprise Lake, with the price each home actually sold for rather than what it was listed at. They closed at a median of $997 per square foot. The most recent closed on October 6, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,850,000
Sold · October 6, 2026
4531 Sheridan Avenue
4 bed · 2 bath · 1,855 sqft · $997/sqft
$100,000 under the asking price
Sold$5,750,000
Sold · September 11, 2026
4504 Sheridan Avenue
5 bed · 5 bath · 3,646 sqft · $1,577/sqft
$50,000 under the asking price
Sold$1,800,000
Sold · July 9, 2026
4575 Post Avenue
4 bed · 5 bath · 2,783 sqft · $647/sqft
$390,000 under the asking price
Sold$3,650,000
Sold · March 31, 2026
335 W 46th Street
4 bed · 4.5 bath · 3,053 sqft · $1,196/sqft
$340,000 under the asking price
Sold$1,700,000
Sold · March 27, 2026
4582 Royal Palm Avenue
2 bed · 2 bath · 1,864 sqft · $912/sqft
$1 over the asking price
Sold$1,700,000
Sold · March 17, 2026
4601 Royal Palm Avenue
3 bed · 2 bath · 1,966 sqft · $865/sqft
$195,000 under the asking price
See every recorded sale in Surprise Lake or find out what your Surprise Lake home is worth.
