Monaco meets Miami Beach! “Palm Haven” Mediterranean-style villa offers 5-bedroom, 5-bathroom, breathtaking open bay views in a warm, inviting setting. Nestled in the prestigious, gated community of Biscayne Point Island, this boater’s paradise features 75ft of water frontage with direct ocean access and no fixed bridges. The home boasts spacious open living areas, two primary suites including one upstairs with sweeping views of Indian Creek’s renowned billionaires’ bunker. On a 11,250 sq ft gated lot, the property is designed for both relaxation and entertainment. Enjoy the serene deck, a large pool and private pier with a boat lift. Just minutes away, discover Bal Harbour’s sophisticated shopping and fine dining or immerse yourself in the vibrant energy of South Beach.
Property Details
Property Features
Property Information:
Architectural Style: Detached, Two Story
Year Built: 1953
Stories: 2
Living Area: 4,639 SqFt
Listing Office:
Office Name: Douglas Elliman
Office Phone: (305) 695-6070
Listing Agent: Elisabeth Gazay
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$44.7K
Per Month
Principal & Interest
$44.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$26.8K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school0.72 miles
Public District Grades PK-5
10
/10
Ruth K. Broad/Bay Harbor K-8 Center
1155 93rd St
Distance between this listing and this school1.39 miles
Public District Grades PK-5
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.40 miles
Public District Grades PK-5
Nearby Schools
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school0.98 miles
Public Charter Grades KG-8
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school3.46 miles
Public District Grades 6-8
5
/10
North Miami Middle School
700 NE 137th St
Distance between this listing and this school3.83 miles
Public Magnet Grades 6-8
Nearby Schools
10
/10
Mast@Fiu
3000 NE 151st St
Distance between this listing and this school3.24 miles
Public Magnet Grades 9-12
3
/10
North Miami Senior High School
13110 NE 8th Ave
Distance between this listing and this school3.59 miles
Public Magnet Grades 9-12
5
/10
Alonzo and Tracy Mourning Senior High School Biscayne Bay Campus
2601 NE 151st St
Distance between this listing and this school3.65 miles
The neighbors living near this home have an average income of $129,924. The most common annual income of people living in Miami Beach, FL is $200k+. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1651 Cleveland Rd
What is the listing price of this property?
The listing price of 1651 Cleveland Rd property is $8,950,000.
What type of property is this?
The property 1651 Cleveland Rd is a house located in Miami Beach, Florida, 33141.
Is this property for sale now?
Active Listing: 1651 Cleveland Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $49,638 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 1651 Cleveland Rd has 5 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 1651 Cleveland Rd is 4,639 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1651 Cleveland Rd is 1953.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1651 Cleveland Rd in Miami Beach, FL and zip code 33141 in the Biscayne Point neighborhood. This 4,639 square foot home was built in 1953. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $8,950,000.
In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. The number of listings in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.
From Rocket Homes Real Estate and based on county public records data.