Home » Miami » 586 Sabal Palm Rd, Miami, FL 33137 | A11691720

For Sale 586 Sabal Palm Rd, Miami, FL 33137

$14,900,000

Property Highlights

Listing ID A11691720 Status of this Listing: Active For Sale Property Type Residential Single Family House 7 Bedrooms 7 Bathrooms Total 6 Full Bath 1 Half Bath Living Space 5,964 Sqft/554.07 m2 approx. Building Area 6,185 Sqft/574.61 m2 approx. Lot area 23,100 Sqft/2146.06 m2 approx. POOL Year Built 1970 Waterfront Has view of the Ocean Time of this property on Rebonus 25 Day(s)

586 Sabal Palm Rd, Miami, FL 33137

Property Description: Luxurious waterfront living awaits you in “La Grande Dame,” a magnificent half-acre estate home in the exclusive guard-gated Bay Point community. Commanding sweeping views from an impressive 23,100 SqFt lot (0.53 Acres) with 121’ of Biscayne Bay frontage. This Spanish Mediterranean Architecture residence offers 7 Bed, and 6.5 baths. Set well back from the street, a gated, paver-clad driveway lined with mature oak trees and lush tropical foliage entices you inside. The 2nd floor includes 4 Bed, large den and a generous-size primary suite w/ sitting area, oversized walk-in closet, and 5-piece ensuite. Your outdoor paradise is complete with a pool, summer kitchen, covered cabana and in-ground trampoline. Minutes to Miami Design District, Wynwood, Midtown, Brickell, Airport, and A+ Schools.

Useful Info

Original List Price:$14,900,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • Two Story
  • Detached
  • Mediterranean
Levels:Two
Construction Materials:
  • Block
Flooring:
  • Wood
Stories:2
Road Frontage Type:
  • Private Road

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Navigable Water
  • Bayfront
Frontage Length:121
Swimming Pool Features:
  • Pool
  • In Ground
Security:
  • Security Guard
  • Gated Community
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Gas Range
Interior Features:
  • First Floor Entry
  • Dining Area
  • Separate/formal Dining Room
  • Closet Cabinetry
  • Kitchen Island
  • Kitchen/dining Combo
  • Bedroom On Main Level
  • Entrance Foyer
  • Sitting Area In Primary
  • Separate Shower
  • Bidet
Exterior Features:
  • Security/high Impact Doors
  • Fence
  • Lighting
Roof:
  • Barrel
Window Features:
  • Impact Glass
Laundry Features:
  • Washer Hookup
  • Dryer Hookup
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$180,613

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:2024
Association Fee:$7,000
Association Fee Frequency:
  • Annually
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Association:Yes
Road Surface Type:
  • Paved
Pets Allowed?:
  • Yes
  • Conditional
Subdivision Name:BAY POINT
Community Features:
  • Gated
  • Home Owners Association
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:3
Covered Spaces:3
Attached Garage:Yes
Parking Features:
  • Driveway
  • Garage
  • Attached
  • Covered

Utilities

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

More Details

Other Information:
Tax InformationTax Reflects No Exemptions
Housing Older Persons ActNo HOPA
Flood ZoneAE,VE
Type of AssociationHomeowners
Rooms DescriptionDen/Library/Office,Florida Room,Media Room,Utility Room/Laundry
StyleWF/Pool/Ocean Access
FEMA Flood Zone DesignationsAE,VE
Municipal Code1
Ref1094428320
Subdivision Number8
Water Access Description:Deeded Dock,Dock Available,Private Dock

Zoning and Legal

Tax Legal Description:BAY POINT PB 40-63 LOT 9 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE IRREGULAR OR 19904-2409 08 2001 1
Real Estate Folio Number (Parcel Number):01-32-19-008-0470
Zoning Description:0100
Public Survey Township:1
Public Survey Range:32
Public Survey Section:19

Listing History

Update/EventDate/Days
Published Date:November 12, 2024 10:17 am
On Market Date:November 12, 2024
Price Change Date Time:November 11, 2024 4:30 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:November 12, 2024 10:17 am
Status Last Changed:November 12, 2024 10:17 am
Photos Last Modified:November 20, 2024 2:44 pm
Last Modified:December 7, 2024 9:00 pm
Days on the Market Reference Date:December 7, 2024
Days on the Market (updated on Last Modified*):25
Cumulative Days on the Market (updated on Last Modified**):531

Additional Information

Lot Size Range:1/2 To Less Than 3/4 Acre Lot
Number of Photos:30
Location:,,1/2 To Less Than 3/4 Acre Lot
Included:,,
Area:32
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-0132190080470-R-N

Location

Show Property Address:Yes
Street Name:Sabal Palm Rd
Street Number:586
Street Address:586 Sabal Palm Rd
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade
Full Address:586 Sabal Palm Rd, Miami, FL 33137
Latitude:N25° 48' 53.3''
Longitude:W81° 48' 52.5''

Neighborhood

Postal City:Miami

Property Map

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