
$5,100,000
Single Family ResidenceActive560 Sabal Palm Rd, Miami FL 33137
MLS #A12001145About This Property
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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Property Details
Property Type
Single Family Residence
Year Built
1953
Living Area
2,837 sq ft
Lot Size
20,541 sq ft
Bedrooms
4
Bathrooms
3
Garage
1 Space
Pool
No
Waterfront
No
Cooling
Central Air, Electric
Heating
Central, Electric
Roof Type
Barrel Roof
Flooring
Marble
Construction
Concrete Block Construction
Style
Detached, One Story
HOA Fee
$6,000 / Annually
Annual Taxes
$19,817 (2025)
Days on Market
1
MLS #
A12001145
Features & Amenities
Interior
Appliances
Exterior
Community
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes Nearby
Location
City
Miami
State
FL
ZIP Code
33137
County
Miami-Dade County
Listing provided by Natalia Saldarriaga at Concept International Realty Inc. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A12001145.