Home in 560 Sabal Palm Road, Miami, FL 33137 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.
560 Sabal Palm Road, Miami, FL 33137
- Price:
- $5,100,000.00
- Original List Price:
- $5,100,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,691.92
- Close Price:
- $4,800,000.00
- Transaction closed on:
- July 28, 2026
- Listing Type:
- Sold
- Status:
- Closed
- Contingency:
- Active Under Contract
- Listing Category:
- Residential
- Property Type:
- Single Family House
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- July 28, 2026 4:00 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 4
- Bathrooms Total:
- 3
- Full Bath:
- 3
- Room Type:
- Den
- Master Bedroom Bath:
- Master Bdrm - Ground
- Living Area:
- 2,837 Sqft
- Built-Up Area:
- 3,167 Sqft
- Lot Size Acres:
- 0.47
- View from the Property:
- Garden
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Concrete, In Ground, Equipment Included, Child Gate
- Security:
- Smoke Detector(s), Fire Alarm
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Oven
- Interior:
- Walk-In Closet(s), Closet Cabinetry, Wet Bar
- Exterior:
- Barbecue, Lighting, Built-in Barbecue
- Other Structures:
- Outbuilding
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Fence:
- Fenced
- Property Entrance Faces:
- North
- Storm Protection Impact Glass:
- Partial
- Sprinkler Description:
- Auto Sprinkler, Well Sprinkler
- Year Built:
- 1953
- Roof:
- Barrel
- Levels:
- One
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Marble
- Number of stories:
- 1
- Flood Zone Code:
- AE,X
- Property Condition:
- Resale
- Tax Annual Amount:
- $19,817.00
- Tax Year:
- 2025
- Association Fee:
- $6,000.00
- Association Fee Frequency:
- Annually
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Driveway, Garage, Garage Door Opener, Attached, Covered, Attached Garage
- Sewer:
- Public Sewer
- Water Source:
- Public, Well
- Association
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Amenities Provided by the Homeowner's Association (HOA):
- Tennis Court(s), Maintained Community
- Subdivision Name:
- BAY POINT
- Senior Community:
- No
- Development Name:
- BAY POINT
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
- Listing Terms Considered by Seller:
- Cash, Conventional, Assumable (The financing currently in place may be assumed)
- Buyer Possession:
- Negotiable
- 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):
- 0132190080440
- Zoning:
- 0100
- Elementary School:
- Morningside K-8 Academy (miami-dade)
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Horace Mann
- Active on the market since:
- April 14, 2026
- Listing Agreement executed on:
- April 14, 2026
- Purchase Contract Date:
- June 8, 2026
- Listing Status Last Changed On:
- July 28, 2026 4:00 am
- Photos updated on:
- August 6, 2026 9:46 pm
- Last Modified:
- August 6, 2026 9:46 pm
- Courtesy of:
- Concept International Realty Inc
- Attribution:
- Not provided
- Street Name:
- Sabal Palm
- Street Number:
- 560
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33137
- County:
- Miami-Dade
- Latitude:
- N25° 48' 51.9''
- Longitude:
- W81° 48' 49.8''
- Street Suffix:
- Road
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 560 Sabal Palm Road, Miami, FL 33137
