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560 Sabal Palm Rd

BAY POINT
Miami, FL 33137
$5,100,000
Price
4
Beds
3
Baths
2,837 SF
$1,797 / SF
Image of BAY POINT

Overview

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 and Features

Status
Active
MLS #
A12001145
Days on Market
1
Taxes
$19,817 / year
Type
Residential
Parking
1 Covered
Year Built
1953
Lot Size
20541 / sqft
County
Miami-Dade County
Price/sqft
$1,797 / ft²
Furnished
-
HOA Fees
$6,000 / Annually
Pets Allowed?
Restrictions Or Possible Restrictions

Location

Property Details

Subdivision Name
BAY POINT
Waterfront
No
Waterfront Description
-
View
Garden
Year Built Description
Resale
Unit Floor
-

Building Details

Building/Complex
BAY POINT
Units
-
Stories
-
Year Built
1953

Payment Calculator

$ -   / month
Principal
-
Property Taxes
-
HOA Dues
-

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Additional Property Information

Parking
Num of Garage Spaces: 1
Garage Attached: Yes
Parking Features: Covered, Driveway
Pool: No
Pool Features: In Ground, Fenced, Concrete, Equipment Stays
General Information
Design: Detached, One Story
Construction: Concrete Block Construction
Floor Features: Marble
Security Information: Fire Alarm, Smoke Detector
Bedroom Features: At Least 1 Bedroom Ground Level
Bathroom Features: -
Dining room Features: -
Utilities
Heating Description: Central, Electric
Cooling Description: Central Air, Electric
Additional Property Information
Room Count: -
Interior Features: First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Wet Bar, Den/Library/Office
Equipment Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Exterior Features: Barbeque, Built-In Grill, Lighting
Amenities: -
Walk Score
%
Transit Score
%
Bike Score
%

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