Home » Miami » 640 Sabal Palm Rd, Miami, FL 33137 | A11598803

Sold 640 Sabal Palm Rd, Miami, FL 33137

$15,500,000
closed for a price of $12,500,000

Property Highlights

Listing ID A11598803 Status of this Listing: Closed Sold Property Type Residential Single Family House 8 Bedrooms 7 Bathrooms Total 6 Full Bath 1 Half Bath Living Space 7,784 Sqft/723.16 m2 approx. Building Area 9,638 Sqft/895.40 m2 approx. Lot area 21,500 Sqft/1997.42 m2 approx. POOL Year Built 1987 Waterfront Time of this property from published date until Closing Date 137 Days

640 Sabal Palm Rd, Miami, FL 33137

Property Description: Development opportunity sold "as-is " land value. One-of-a-kind offering in the coveted gated community of Bay Point. SE facing TROPHY property on 100 ' of unobstructed wide bayfront, with deep water dockage and 360-degree panoramic views of the Miami skyline. Build your masterpiece in the most exclusive neighborhood in Miami just steps away from the beach, city, dining and shopping.

Residential Single Family House Sold located at 640 Sabal Palm Rd Miami FL 33137 in Miami-Dade referenced as ID MLS # A11598803. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$15,500,000
Close Price:$12,500,000

Land Lot (Parcel) Details

Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Two Story
  • Detached
  • Other
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Marble
Stories:2
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Intracoastal Access
  • Navigable Water
  • Bayfront
Frontage Length:100
Swimming Pool Features:
  • Gunite
  • Other
  • Pool
  • Fenced
  • In Ground
  • Free Form
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Electric Range
Interior Features:
  • First Floor Entry
  • Walk-in Closet(s)
  • Bedroom On Main Level
  • French Door(s)/atrium Door(s)
  • Sitting Area In Primary
Exterior Features:
  • Balcony
  • Lighting
Patio and Porch Features:
  • Balcony
  • Open
Roof:
  • Other
  • Spanish Tile
Door Features:
  • French Doors
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • West

Taxes and Expenses

Tax Annual Amount:$112,531

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$6,588
Association Fee Frequency:
  • Annually
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Seller Financing
Lease Considered:No

Community

Association:Yes
Pets Allowed?:
  • Yes
  • No Pet Restrictions
Subdivision Name:BAY POINT
Community Features:
  • Home Owners Association
Senior Community:No
Restrictions: Association Approval Required

Parking

Garage:Yes
Garage Spaces:4
Covered Spaces:4
Attached Garage:Yes
Parking Features:
  • Driveway
  • Garage
  • Attached
  • Guest
  • Golf Cart Garage

Utilities

Sewer:
  • Public Sewer
Utilities Available:
  • Cable Available
Water Source:
  • Public

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Housing Older Persons ActUnverified
Flood ZoneAE,VE
Type of AssociationHomeowners
Rooms DescriptionDen/Library/Office,Family Room,Great Room,Maid/In-Law Quarters
Style WF/Pool/Ocean Access
FEMA Flood Zone DesignationsAE,VE
Municipal Code1
PACE (Property Assessed Clean Energy) program0
Subdivision Number8
Water Access Description:Other,Private Dock,Unrestricted Salt Water Access

Zoning and Legal

Tax Legal Description:BAY POINT PB 40-63 LOT 16 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 100.000 X 215 OR 18291-3609 0898 1 COC
Real Estate Folio Number (Parcel Number):01-32-19-008-0540
Zoning Description:0100
Public Survey Township:1
Public Survey Range:32
Public Survey Section:19

Listing History

Update/EventDate/Days
Published Date:June 2, 2024 2:40 pm
On Market Date:June 2, 2024
Close Date:October 17, 2024
Price Change Date Time:May 31, 2024 6:55 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:October 18, 2024 4:24 pm
Status Last Changed:October 18, 2024 4:24 pm
Photos Last Modified:June 2, 2024 7:08 pm
Last Modified:October 18, 2024 8:24 pm
Days on the Market Reference Date:October 18, 2024
Days on the Market (updated on Last Modified*):94
Cumulative Days on the Market (updated on Last Modified**):317

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot,East Of US 1
Number of Photos:75
Location:,,1/4 To Less Than 1/2 Acre Lot,East Of US 1
Included:,,
Area:32
Courtesy of:BrokerNation Real Estate
Universal Property Id:US-12025-N-0132190080540-R-N

Location

Show Property Address:Yes
Street Name:Sabal Palm Rd
Street Number:640
Street Address:640 Sabal Palm Rd
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade
Full Address:640 Sabal Palm Rd, Miami, FL 33137
Latitude:N25° 48' 57.8''
Longitude:W81° 48' 58.4''

Neighborhood

Postal City:Miami

Property Map

Mortgage Calculator

Please note: The calculator shows the current listing asking price as home value. Update all fields at your convenience.

Calculate Your Mortgage Payment

$.00
$.00
6.5
30

Taxes and Insurance

$.00
$.00
%

Financial Analysis

%

%

$

$

$

$

$