$6,500,000

3528 Royal Palm Ave, Miami, FL 33133

On market
205 days on market
MLS #
A11981072

Exceptional vacant lot in the heart of Coconut Grove offering an unbeatable location. Walking distance to Miami’s most prestigious schools including Ransom Everglades, St. Hugh, Carrollton, and Plymouth. Final permit approvals underway for a state-of-the-art residence. Rare opportunity to build your dream home in one of the Grove’s most desirable neighborhood.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Position in the area’s price distributionThe asking price is $6,500,000; the median of recorded sales in the area is $1,325,000 (849 sales). On raw price that is 391% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33133, 33129 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$1,950,000
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$30,363
Loan amount
$4,550,000
Total interest over the term
$6,380,677
Total repaid
$10,930,677

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Miami New Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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