560 Sabal Palm Rd Miami, FL $ 5,100,000
560 Sabal Palm Rd
$ 5,100,000
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560 Sabal Palm Rd

Miami, FL, 33137
$ 5,100,000
Bedrooms4 Baths3.0 Sq 2,837

Monthly Estimate*

$ 31,402

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Single Family Home for sale in Miami, FL

for $5,100,000 with 4 bedrooms and 3 full baths. This 2,837 square foot home was built in 1953.

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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Single Family Active

Price

$ 5,100,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 19,817

Style

Year Built

1953

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12001145

Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Possession Closing & Funding
Roof Barrel
Appliances Built-In Oven Dryer Dishwasher Electric Range Electric Water Heater Microwave Refrigerator Washer
HOA Fee 6000
Garage Spaces 1
Architectural Style Detached One Story
Pool Features Concrete Fenced In Ground Other Pool Equipment Pool
Security Features Smoke Detector(s)
Restrictions OK To Lease
Construction Materials Block
Pets Allowed Conditional Yes
Year Built 1953
View Garden
Stories Count 1
Property Subtype Single Family Residence
Tax Year 2025
Community Features Maintained Community Tennis Court(s)
Assoc Fee Paid Per Annually
County Miami-Dade
Property Type Residential
Attached Garage true
Subdivision Name BAY POINT
Facing Direction North
Garage Y/N true
Total Rooms 0
Full Baths 3
Special Listing Conditions Listed As-Is
Status Active
City Miami
Disclosures Owner Is Listing Agent
Senior Community Y/N false
Zoning Description 0100
MLS Area 32
Lot Size Units Square Feet
Lot Size Square Feet 20541
Listing Terms Assumable Cash Conventional
Year Built Details Resale
Tax Annual Amount 19817
Middle/Junior High School Horace Mann
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001145
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Single Family Residence
Legal Description BAY POINT PB 40-63 LOT 6 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 88.920 X 231 OR 16844-4551 0795 1
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Interior
Interior Amenities Wet Bar Bedroom on Main Level Closet Cabinetry First Floor Entry Walk-In Closet(s)
Flooring Marble
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 4
Total Baths 3
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Exterior
Exterior Amenities Barbecue Fence Security/High Impact Doors Lighting Outdoor Grill Shed
Parking Features Attached Covered Driveway Garage Garage Door Opener
Lot Features 1/4 to 1/2 Acre Lot Sprinklers Automatic Sprinkler System
Water Source Public Well
Lot Size Area 20541
Spa false
Building Area Total 3167
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Concept International Realty Inc

Broker

natysal@cirmiami.com

Email

Affordability Calculator

$33,053
Per Month
95%
5%
0%
Monthly Principal & Interest
$31,402
Monthly Property Taxes
$1,651
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4045068 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/14/2026$5,100,000 Listed Price

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560 Sabal Palm Rd, Miami, FL, 33137 is a Single Family Home for sale at $5,100,000 with 2,837 sqft. 560 Sabal Palm Rd has 4 bedrooms, 3.0 baths, and was built in 1953. The property's zip code is 33137 which is in Miami, FL