BAY POINT
640 Sabal Palm Rd, Miami FL 33137
8 beds · 6.5 baths · 7,784 ft²
$15,500,000
Est. Payment $82,498/mo
8
Bedrooms
6.5
Bathrooms
7,784
Sq. Ft.
1987
Year Built
4
Garage
94
Days on Market
Description
Development opportunity sold "as-is" land value. One-of-a-kind offering in the coveted gated community of Bay Point. SE facing TROPHY property on 100' of unobstructed wide bayfront, with deep water dockage and 360-degree panoramic views of the Miami skyline. Build your masterpiece in the most exclusive neighborhood in Miami just steps away from the beach, city, dining and shopping.
Facts
- MLS#
- A11598803
- Subdivision
- BAY POINT
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 21,500 ft²
- Sq. Ft.
- 7,784 ft²
- Sq. Mt.
- 723 m²
- Price per sq. ft.
- $1,991/ft²
- Price per sq. mt.
- $21,438/m²
- Stories
- —
- Garage
- 4 spaces
- Pool
- —
- Days on Market
- 94 days
- Listed
- Jun 2, 2024
- Last Updated
- Oct 18, 2024
- Price/Lot Sq.Ft.
- $721/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
55
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 10/18/2024 | Sold | $15,500,000 |
| 6/2/2024 | Listed for sale | $15,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$95,564/mo
Principal & Interest
$82,498
Property Tax
$12,917
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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