560 Sabal Palm Rd, Miami, FL 33137
- $5,100,000
- 4
- BD
- 3
- BA
- 2,837
- SqFt
- List Price
- $5,100,000
- MLS#
- A12001145
- Subdivision
- Bay Point
- Status
- ACTIVE WITH CONTRACT
- Type
- Single Family Residential
- Bedrooms
- 4
- Full baths
- 3
- Living Area
- 2,837
Property Description
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.
Additional Information
- Days on Market
- 55
- View
- Garden
- Tax Amount
- $19,817
- Pool
- Yes
- Parcel Number
- 01-32-19-008-0440
- Pool Description
- In Ground, Fenced, Concrete, Equipment Stays
- #Garage Spaces
- 1
- Bedroom Description
- At Least 1 Bedroom Ground Level
- Front Exposure
- North
- Association Fee
- $6000
- Lot Size
- 20,541
- Exterior Features
- Barbeque, Built-In Grill, Lighting
- Parking Restrictions
- Covered, Driveway
- Pet Restrictions
- Restrictions Or Possible Restrictions
- Pets Allowed
- Yes
- Address
- 560 Sabal Palm Rd, Miami
- SqFt Liv Area
- 2,837
- Year Built
- 1953
- Design
- Detached, One Story
- Development Name
- Bay Point
- Style
- Pool Only, House
- Middle School
- Horace Mann
- Restrictions
- Ok To Lease
- Construction Type
- Concrete Block Construction
- Interior Features
- First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Wet Bar, Den/Library/Office
- Section
- 19
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Listing Courtesy of Concept International Realty Inc, Contact: