560 Sabal Palm Road Miami FL 33137

Views
Views
Address
560 Sabal Palm Road, Miami, FL
Price
$ 5,100,000
Property Attributes
  • MLS#A12001145
  • TypeSingle Family
  • Listing Status ActiveUnderContract
  • CountyMiami-Dade
  • CityMiami
  • Area2320
  • NeighborhoodBAY POINT
  • Zip33137
  • Style
  • Year Built1953
  • Taxes$ 19817
  • Price$ 5,100,000
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2837
  • Lot Size0.47 Acres
Data Source:
Beaches MLS (FL)
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.

Elementary School Middle School High School
Morningside K-8 Academy (Miami-Dade) Elementary School Horace Mann Middle School Booker T. Washington High School
Price History
6/9/2026 Listed $5,100,000

General Features

Sewer PublicSewer
Heating Central,Electric
Cooling CentralAir,Electric
Possession Negotiable
Roof Barrel
Appliances Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Microwave,Oven,Refrigerator,Washer
HOA Fee 6000
Garage Spaces 1
Pool Features Concrete,InGround,PoolEquipment
Security Features FireAlarm,SmokeDetectors
Construction Materials Block
Pets Allowed PetRestrictions,Yes
Year Built 1953
View Garden
Stories Count 1
Levels One
Property Subtype SingleFamilyResidence
Tax Year 2025
Community Features HomeOwnersAssociation
Assoc Fee Paid Per Annually
County Miami-Dade
New Construction false
Property Type Residential
Association Amenities Maintenance,TennisCourts
Attached Garage true
Subdivision Name BAY POINT
Facing Direction North
Garage Y/N true
Other Structures Outbuilding
Total Rooms 1
Full Baths 3
Status ActiveUnderContract
High School Booker T. Washington
City Miami
Disclosures OwnerIsListingAgent
Senior Community Y/N false
MLS Area 2320
Elementary School Morningside K-8 Academy (Miami-Dade)
Tax Annual Amount 19817
Middle/Junior High School Horace Mann
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001145
Standard Status ActiveUnderContract
Occupancy Type Owner
Property Sub Type Additional SingleFamilyResidence
PostalCity Miami
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

Interior Features

Interior Amenities WetBar,ClosetCabinetry,MainLevelPrimary,WalkInClosets
Flooring Marble
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 4
Entry Level 1
Total Baths 3

Exterior Features

Exterior Amenities BuiltInBarbecue,Barbecue,Lighting
Fencing Fenced
Parking Features Attached,Covered,Driveway,Garage,GarageDoorOpener
Lot Features QuarterToHalfAcreLot,SprinklersAutomatic,SprinklerSystem
Water Source Public,Well
Lot Size Area 20541
Building Area Total 3167
Lot Size Acres 0.47
Waterfront Y/N false
Covered Spaces 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33137

Price
AVG $1.62M
$5.1M
Taxes
AVG $25,106
$19,817
Year Built
AVG 1980
1953

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