560 Sabal Palm Rd, Miami, FL 33137
Local realty services provided by:CENTURY 21 Carioti
Listed by: natalia saldarriaga pa
Office: concept international realty inc786-329-5690
MLS#:A12001145
Source:SEFMLS
Price summary
- Price:$5,100,000
- Price per sq. ft.:$1,610.36
- Monthly HOA dues:$500
About this home
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....
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Home facts
- Year built:1953
- Subdivision & Development:BAY POINT
- Listing ID #:A12001145
- Updated:July 31, 2026 at 09:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Marble
- Kitchen Description:Built In Oven, Dishwasher, Electric Range, Microwave, Refrigerator
- Bedroom Description:Walk-In Closets
- Living area:2,837 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Barrel
- Year built:1953
- Building area:2,837 sq. ft.
- Lot area:0.47 Acres
- Lot Features:Sprinkler System, Sprinklers Automatic
- Architectural Style:Detached, One Story
- Construction Materials:Block
- Exterior Features:Fence, Outdoor Grill, Security High Impact Doors
- Levels:1 Story
Schools
- Middle school:Horace Mann
Utilities
- Water:Public, Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,100,000
- Price per sq. ft.:$1,610.36
- Tax amount:$19,817 (2025)
Features and amenities
- Appliances:Built-In Oven, Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Barbecue, Closet Cabinetry, Impact Glass Windows, Lighting, Smoke Detectors, Wet Bar
- Pool features:Concrete, Fenced, In Ground, Pool, Pool Equipment
Parking
- Parking description:Attached, Covered, Driveway, Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:1
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