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560 Sabal Palm Rd, Miami, Florida 33137

Active For Sale
$5,100,000
  • Beds 4
  • Baths 3
  • Sq Ft 2,837 Sqft
  • Visits: 2 in 2 days

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.rnrnThe 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.rnrnCurrent 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.rnrnOutdoor 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.

Features

  • Swimming Pool: Pool, In Ground, Pool Equipment, Fenced, Other, Concrete
  • Heating System: Central, Electric
  • Cooling System: Electric, Central Air
  • Pet Policy: Yes, Conditional
  • Security: Smoke Detector(s)
  • Parking: Driveway, Garage, Garage Door Opener, Attached, Covered

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Water Heater, Built-In Oven

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: BAY POINT
  • Zipcode: 33137
  • Street: Sabal Palm Rd
  • Street Number: 560
  • Floor Number: 0
  • Longitude: W81° 48' 49.6''
  • Latitude: N25° 48' 52.2''
  • MLS Area: 32

MLS Addon

  • Architectural Style: Detached, One Story
  • Association Fee: $6,000
  • Association Fee Frequency: Annually
  • Close Price: $0
  • Community Features: Maintained Community, Tennis Court(s)
  • Exterior Features: Barbecue, Lighting, Security/High Impact Doors, Fence, Shed, Outdoor Grill
  • Flooring: Marble
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Wet Bar
  • Listing Terms: Cash, Conventional, Assumable
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic, Sprinkler System
  • Middle Or Junior School: Horace Mann
  • New Taxes Expense: $0
  • Stories: 1
  • Tax Annual Amount: $19,817
  • Tax Year: 2025
  • Window Features: Impact Glass

Location

Listing Updated: 2026-04-15 03:35:11

  • Property Type : Single Family
  • Property Sub Type : Single Family Residence
  • Listing Type : For Sale
  • Listing ID : A12001145
  • Price : $5,100,000
  • View : Garden
  • Bedrooms : 4
  • Bathrooms : 3
  • Full Bathrooms : 3
  • Half Bathrooms : 0
  • Square Footage : 2,837 Sqft
  • Year Built : 1953
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 1
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