530 Melaleuca Ln, Miami, FL 33137

$8,300,000
3
BD
3
BA
2,497
SqFt

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List Price
$8,300,000
MLS#
A12012144
Subdivision
Bay Point
Status
ACTIVE
Type
Single Family Residential
Bedrooms
3
Full baths
3
Living Area
2,497

Property Description

Set within the highly coveted, guard-gated enclave of Bay Point, this offering represents one of the largest and most significant parcels in the community at approximately 24,376 square feet. A rare, perfectly rectangular lot of this scale, it provides an exceptional canvas for a landmark custom estate. The proportions of the land allow for a grand residence to be designed with complete flexibility, including the ability to build over 11,000 sq ft of living spaces, while still maintaining a generous outdoor area with ample room for outdoor programming including a padel court, pool, and a bespoke garage or collector’s space. The existing tree canopy offers a rare opportunity to integrate architecture into a fully matured tropical environment from day one. There truly is no other property in Bay Point that combines this level of land size, shape, build potential, and natural maturity. It is a once-in-a-generation opportunity to create a signature estate in one of Miami’s most exclusive neighborhoods.

Additional Information

Days on Market
70
View
None
Tax Amount
$83,933
Parcel Number
01-32-19-008-0950
Bedroom Description
At Least 1 Bedroom Ground Level
Front Exposure
North
Association Fee
$7424
Lot Size
24,376
Exterior Features
Fruit Trees, Room For Pool
Parking Restrictions
Driveway
Pet Restrictions
Yes
Pets Allowed
Yes
Address
530 Melaleuca Ln, Miami
SqFt Liv Area
2,497
Year Built
1942
Design
Attached, One Story
Development Name
Bay Point
Style
R30-No Pool/No Water, House
Middle School
Horace Mann
Restrictions
Ok To Lease With Res, See Broker Remarks
Construction Type
Other
Interior Features
First Floor Entry, Other
Section
19

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Calculator source: Real Geeks

Listing Courtesy of Douglas Elliman, Contact: