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| Sold Price | $4,800,000 |
|---|---|
| Last Asking Price | $5,100,000 |
| Price per SqFt | $1,692 |
| Maintenance fee | $6,000 Yearly |
| Property Taxes | $19,817 2025 |
| Interior Space | 2,837 SqFt |
| Beds/Baths | 4/3 |
| Year Built | 1953 |
| Garage | 1 space |
| Pool | Yes |
| Lot Size | 0.47 acres |
| Closed Date | 7/28/2026 |
| MLS # | A12001145 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Fees and taxes based on MLS provided figures, and may not be accurate
From the listing
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.
Listed by Concept International Realty Inc
Sales History for This Home · 560 Sabal Palm Road, Miami, FL 33137
Sales history is unavailable for this property

Listed by Concept International Realty Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Location
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