$1,995,000
$305K PRICE DROP

5990 Paradise Point Dr Palmetto Bay, FL 33157

Estimated payment $12,822/month

Total Views 4,026
4 Beds
3 Baths
2,651 Sq Ft
$753 Price per Sq Ft

Highlights

  • Marina
  • Boat Dock
  • Full Boat Services
  • Coral Reef Elementary School Rated A
  • Up to 40-Foot Boat
  • Fitness Center

About This Home

Also for Rent! Experience unparalleled luxury in this waterfront townhouse in the gated community of Royal Harbour Yacht Club. This impeccable residence boasts 4 beds, 3 baths & 3 levels of expansive, open-concept living spaces. Revel in awe-inspiring water views from each floor & savor the multiple living areas, including a spacious waterfront patio. 1st floor showcases a welcoming family room w/a wet bar & built-ins, while the 2nd floor accommodates the living/dining area, remodeled kitchen, 2 guest rooms & laundry room. Ascend to the top level to discover a private master suite, with a gym area & spacious balcony. Recent enhancements incl impact glass, metal roof & upgraded kitchen & baths, ensuring both appeal & longevity. A 1.5-car garage finalizes this exceptional waterfront retreat.

Listing Agent

Maggie Salas

Bestway Realty Sales, LLC License #3320559

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1985

HOA Fees

  • $895 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Deeded Parking

Property Views

  • Bay
  • Canal

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,651 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Entrance Foyer
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Full Boat Services
  • Beach Access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Unrestricted saltwater access
  • Up to 40-Foot Boat
  • Deck

Additional Features

  • Home fronts a canal
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33-50-25-005-0350

Community Details

Overview

  • Royal Harbour Yacht Club Condos
  • Royal Harbour Yacht Club Subdivision
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen

Recreation

  • Boat Dock
  • Marina
  • Private Beach Pavilion
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Complete Accordion Shutters
  • Clear Impact Glass
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,500

Year Built

Built in 1985

Lot Details

0

HOA Fees

$895 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Townhouse
  • Architectural Style: Split Level, Multi Level
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Unrestricted Salt Water Access, Beach,Community Marina,Full Service,UP to 40 Ft Boat
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: ROYAL HARBOUR YACHT CLUB
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Entrance Foyer, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 2651
  • Stories: 3
  • Window Features: Clear Impact Glass, Complete Accordian Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Bay, Canal
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ROYAL HARBOUR YACHT CLUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Deeded, Guest, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Guard At Site

Condo/Co-op/Association

  • Association Fee: 2684
  • Amenities: Basketball Court, Barbecue, Clubhouse-Clubroom, Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Marina, Pickleball, Private Beach Pavilion, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 33-50-25-005-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9500

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,872 $1,150,000 -- --
2023 $9,872 $562,390 $0 $0
2022 $9,625 $546,010 $0 $0
2021 $9,618 $530,107 $0 $0
2020 $9,512 $522,788 $0 $0
2019 $9,308 $511,035 $0 $0
2018 $8,924 $501,507 $0 $0
2017 $7,748 $427,000 $0 $0
2016 $7,540 $418,218 $0 $0
2015 $7,671 $415,311 $0 $0
2014 $7,762 $412,015 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2025 03/30/25 For Sale $1,995,000 0.0% $753 / Sq Ft
02/22/2025 02/22/25 Off Market $1,995,000 -- --
02/10/2025 02/10/25 Off Market -- -- --
02/04/2025 02/04/25 Price Changed $1,995,000 0.0% $753 / Sq Ft
02/04/2025 02/04/25 For Sale $1,995,000 0.0% $753 / Sq Ft
01/29/2025 01/29/25 For Rent $9,800 0.0% --
01/20/2025 01/20/25 For Rent -- -- --
01/13/2025 01/13/25 For Rent $9,800 0.0% --
12/16/2024 12/16/24 Off Market $2,300,000 -- --
10/24/2024 10/24/24 For Rent $9,800 0.0% --
10/24/2024 10/24/24 For Sale $2,300,000 0.0% $868 / Sq Ft
11/01/2023 11/01/23 Rented $7,800 0.0% --
09/10/2023 09/10/23 Under Contract -- -- --
08/23/2023 08/23/23 For Rent $7,800 0.0% --
03/28/2017 03/28/17 Sold $740,000 -1.3% $279 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $750,000 +48.5% $283 / Sq Ft
01/06/2012 01/06/12 Sold $505,000 0.0% $190 / Sq Ft
12/15/2011 12/15/11 Pending -- -- --
08/12/2011 08/12/11 For Sale $505,000 -- $190 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $740,000 Nu World Title
Warranty Deed $505,000 None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $385,700 New Conventional
Closed $400,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $393,000 New Conventional
Previous Owner $397,600 New Conventional
Previous Owner $250,000 Credit Line Revolving
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11681970

MIAMI REALTORS® MLS

APN: 33-5025-005-0350