Home in 560 Sabal Palm Rd Miami for sale with MLS# A12001145

Investor/Developer Opportunity in BAY POINT: 4 Bed / 4 Bath residence (3,167 sqft total) on a huge 20,541 sqft lot within one of Miami's most exclusive gated communities with 24/7 private security. The property presents a prime opportunity for redevelopment, expansion, or repositioning in a highly sought-after enclave. The owner is open to flexible deal structures, including seller financing or joint venture partnerships, making it an attractive option for builders and capital partners seeking premium inventory in a supply-constrained submarket. The site's near half-acre footprint supports expansion, new construction, or a high-end spec project, with strong upside driven by its proximity to key demand drivers-Miami International Airport, the beaches, Downtown, the Design District, and Midtown. Current residence includes a 4-bedroom, 4-bath house with marble finishes, an open-concept media space, and mature tropical landscaping, offering potential for interim use, rental income, or phased development. Outdoor features such as a pool with waterfall, wet bar, and entertainment areas further enhance the property's current livability while plans and permits are pursued. A rare chance to capitalize on location, lot size, and flexible ownership terms in a premier Miami enclave.

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560 Sabal Palm Rd, Miami, FL 33137

Price
Price:
$5,100,000.00
Original List Price:
$5,100,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A12001145
Description of Last Important Update:
New Listing
Last Major Update on:
April 14, 2026 5:58 pm
Rooms Distribution
Bedrooms:
4
Bathrooms Total:
3
Full Bath:
3
Room Type:
Den
Measures
Living Area:
2,837 Sqft
Built-Up Area:
3,167 Sqft
Lot Area:
20,541 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Sprinklers Automatic, Sprinkler System, Quarter To Half Acre Lot
Property Features
View from the Property:
Garden
Waterfront:
No
Swimming Pool Features:
Concrete, Other, Pool, Fenced, In Ground, Pool Equipment
Security:
Smoke Detector(s)
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Built In Oven
Interior:
First Floor Entry, Walk-In Closet(s), Closet Cabinetry, Bedroom On Main Level, Wet Bar
Exterior:
Fence, Barbecue, Lighting, Shed, Outdoor Grill, Security High Impact Doors
Windows:
Impact Glass, Impact glass, Impact Glass
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Property Entrance Faces:
North
Construction
Year Built:
1953
Year Built Details:
Resale
Roof:
Barrel
Architectural Style:
Detached, One Story
Construction Materials:
Block
Flooring:
Marble
Stories:
1
Taxes and Expenses
Tax Annual Amount:
$19,817.00
Tax Year:
2025
Association Fee:
$6,000.00
Association Fee Frequency:
Annually
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Attached Garage
Parking Features:
Driveway, Garage, Garage Door Opener, Attached, Covered
Utilities
Sewer:
Public Sewer
Water Source:
Public, Well
Community
Pets Allowed?:
Yes, Conditional
Subdivision Name:
BAY POINT
Community Features:
Maintained Community, Tennis Court(s)
Senior Community:
No
Development Name:
BAY POINT
Restrictions:
Okay to Lease
Terms
Disclosures:
Owner Is Listing Agent
Listing Terms Considered by Seller:
Cash, Conventional, Assumable (The financing currently in place may be assumed)
Occupant Type:
Owner
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
BAY POINT PB 40-63 LOT 6 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 88.920 X 231 OR 16844-4551 0795 1
Real Estate Folio Number (Parcel Number):
01-32-19-008-0440
Zoning Description:
0100
Public Schools Assigned
Middle Or Junior School:
Horace Mann
Listing History
Originally published on:
April 14, 2026 5:58 pm
Active on the market since:
April 14, 2026
Price change occurred on:
April 14, 2026 5:58 pm
Listing Status Last Changed On:
April 14, 2026 5:58 pm
Photos updated on:
April 14, 2026 10:30 pm
Last Modified:
April 15, 2026 2:01 am
Additional Information
Housing Older Persons Act:
No HOPA
Flood Zone:
AE, X
Type of Association:
Homeowners
Rooms Description:
Den/Library/Office
Style:
Pool Only
Municipal Code:
1
Subdivision Number:
8
Courtesy of:
Concept International Realty Inc
Attribution:
Not provided
Location
Street Name:
Sabal Palm Rd
Street Number:
560
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 48' 52.2''
Longitude:
W81° 48' 49.6''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,798
Median Home Value $532,900
Median Rent $2,338/mo
Median Age 34
Population 27,300

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.