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$5,100,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 2,837 Sq. Ft.
  • Updated 4 days ago
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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.

Full Property Details for 560 Sabal Palm Rd

General

  • Price: $5,100,000
  • HOA FEE: $500/month
  • HOA FEE FREQ.: Annually
  • Taxes: $19,817 (2025)
  • Status: Active
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A12001145
  • Updated: 4/14/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Wet Bar, Den/Library/Office
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Flooring: Marble

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Other Rooms

  • Living Room: Den/Library/Office Sq. Ft.

Additional Information

  • Pool: Yes
  • Pool Description: In Ground, Fenced, Concrete, Equipment Stays
  • Security/Safety: Fire Alarm, Smoke Detector
  • Equipment: Automatic Garage Door Opener

Exterior

  • Exterior Features: Barbecue, Built-In Grill, Lighting

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Covered, Driveway

Location

  • Area: Bay Point
  • County: Miami-Dade County
  • Subdivision: BAY POINT
  • Building Name: BAY POINT
  • Direction Faces: North

School Information

  • Middle School: Horace Mann

Community

  • Community Name: Bay Point
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water, Well

Structural Information

  • Architectural Style: Detached, One Story
  • Structure Type: Pool Only, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Barrel Roof
  • Windows: High Impact Windows
  • Doors: High Impact Doors
  • Building Size: 3167
  • Square Feet: 2,837
  • Living Area: 2,837 Sq. Ft.
  • Year Built: 1953

Additional Structures

  • Other Structures: Extra Building/Shed

Lot Features

  • Property View: Garden
  • Lot Size (Sq. Ft.): 20,541
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Zoning: 100
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $1,797.67
  • Association Fee: $6,000
  • Assoc Fee Freq.: Annually
  • Tax Amount: $19,817
  • Tax Year: 2025
  • Terms: All Cash, Assumable, Conventional

Disclosures and Reports

  • 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
  • Restrictions: Ok To Lease
  • Property ID: 01-32-19-008-0440

Listed by Concept International Realty Inc

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Listing agent

— 560 Sabal Palm Rd —

  • Concept International Realty Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 560 Sabal Palm Rd

School District:Dade County School District
NameGradesDistance
Morningside K-8 Academy
6620 Northeast 5th Avenue, Miami, FL 33138
PK-51.5 mi
Horace Mann Middle School
8950 Nw 2nd Ave, El Portal, FL 33150
6-83.1 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-122.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 560 Sabal Palm Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/14/2026
Listed
$5,100,000
598.63%
MLS
6/14/2010
Sold
$730,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Concept International Realty Inc

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560 Sabal Palm Rd, Miami, FL 33137 (MLS# A12001145) is a Single Family property with 4 bedrooms and 3 full bathrooms. 560 Sabal Palm Rd is currently listed for $5,100,000 and was received on April 14, 2026. Want to learn more about 560 Sabal Palm Rd? Do you have questions about finding other Single Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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