640 Sabal Palm Rd Miami, FL ^$ 18,000,000

640 Sabal Palm Rd

^$ 18,000,000

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640 Sabal Palm Rd

Miami, FL, 33137

^$ 18,000,000

Studio Baths0.0

Monthly Estimate*

^$ 125,735

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Studio

Lots and Land for sale in Miami, FL

for $18,000,000. The lot size is 0.5.

Waterfront development opportunity! One-of-a-kind offering in the coveted and exclusive 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. Existing structure/home can be torn down for customization of a grand and exquisite new masterpiece.

Lots and Land Active

Price

^$ 18,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 112,531

Style

Residential

Lot Size

0.5

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11473549

Features

General

Possession ClosingFunding CloseOfEscrow

Development Status SitePlanFiled

Property SubType Residential

Tax Year 2022

Waterfront Features BayFront NavigableWater OceanAccess Seawall

County Miami-Dade County

New Construction N

Property Type Land

HOA / Comm Assn N

Attached Garage N

Subdivision Name BAY POINT

Facing Direction South

Garage Y/N N

Building Features Other

Status Active

Directions Private gated community. Picture ID required for access.

City Miami

Buyer Agent Compensation 3.00%

View Y/N N

Senior Community Y/N N

Zoning Description 0100

MLS Area 32

Lot Size Square Feet 21500.0

Private Pool N

Waterfront Y/N Y

Carport Y/N N

Street Name Sabal Palm Rd

Listing Terms Cash

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 112531.0

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://youtu.be/Y_FJgnTdLrg

Days on Market 186

Standard Status Active

Occupancy Description CallAgent

Property Sub Type Additional Residential

Legal Description BAY POINT PB 40-63 LOT 16 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 100.000 X 215 OR 18291-3609 0898 1 COC

Exterior

Lot Size Area 21500.0

Spa N

Lot Size Acres 0.5

Road Surface Type Paved

Frontage Length 100

Lot Size Units SquareFeet

Covered Spaces 0.0

Number of Lots 1

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 640

* Excluded Features

List By

Brokernation Real Estate

Broker

lauragravesrealtor@gmail.com

Affordability Calculator

$135,113

Per Month

Monthly Principal & Interest: $125,735
Monthly Property Taxes: $9,378
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Miami, FL

Average List Price ^$2,132,155

Percent of Sale Price 88%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/10/2024	$18,000,000	-14.29%	Price Down
10/26/2023	$21,000,000		Listed Price

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640 Sabal Palm Rd, Miami, FL, 33137 is a Lots and Land for sale at $18,000,000 with a lot size of 0.5. 640 Sabal Palm Rd is a studio with 0.0 baths. The property's zip code is 33137 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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640 Sabal Palm Rd

Lots and Land for sale in Miami, FL

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