BAY POINT

560 Sabal Palm Rd, Miami FL 33137

4 beds · 3 baths · 2,837 ft²

For Sale · Active Listing

$5,100,000

Est. Payment $27,144/mo

MLS Sheet Video

4

Bedrooms

3

Bathrooms

2,837

Sq. Ft.

1953

Year Built

1

Garage

1

Days on Market

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.

Facts

MLS#
A12001145
Subdivision
BAY POINT
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1953
Lot Size
20,541 ft²
Sq. Ft.
2,837 ft²
Sq. Mt.
264 m²
Price per sq. ft.
$1,798/ft²
Price per sq. mt.
$19,318/m²
Stories
Garage
1 spaces
Pool
Days on Market
1 day
Listed
Apr 14, 2026
Last Updated
Apr 15, 2026
Price/Lot Sq.Ft.
$248/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

May 2026

100/100
Buyers marketSellers market

48

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).

4/14/2026Listed for sale$5,100,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

560 Sabal Palm Rd, Miami FL 33137Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$31,544/mo

Principal & Interest

$27,144

Property Tax

$4,250

Insurance

$150

HOA

$0

20% ($1,020,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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