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

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 on a lot size of 0.47.

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

Lot Size

0.47

Year Built

1953

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12001145

Features
General
Sewer PublicSewer
Heating Central Electric
Cooling CentralAir Electric
Possession Negotiable
Roof Barrel
Appliances Dryer Dishwasher ElectricRange ElectricWaterHeater Microwave Oven Refrigerator Washer
HOA Fee 6000
Garage Spaces 1
Pool Features Concrete InGround PoolEquipment
Security Features FireAlarm SmokeDetectors
Construction Materials Block
Pets Allowed PetRestrictions Yes
Year Built 1953
View Garden
Stories Count 1
Levels One
Property Subtype SingleFamilyResidence
Tax Year 2025
Community Features HomeOwnersAssociation
Assoc Fee Paid Per Annually
County Miami-Dade
New Construction false
Property Type Residential
Association Amenities Maintenance TennisCourts
Attached Garage true
Subdivision Name BAY POINT
Facing Direction North
Garage Y/N true
Other Structures Outbuilding
Total Rooms 1
Full Baths 3
Status ActiveUnderContract
High School Booker T. Washington
City Miami
Disclosures OwnerIsListingAgent
Senior Community Y/N false
MLS Area 2320
Elementary School Morningside K-8 Academy (Miami-Dade)
Tax Annual Amount 19817
Middle/Junior High School Horace Mann
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12001145
Standard Status ActiveUnderContract
Occupancy Type Owner
Property Sub Type Additional SingleFamilyResidence
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 WetBar ClosetCabinetry MainLevelPrimary WalkInClosets
Flooring Marble
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Entry Level 1
Total Baths 3
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Exterior
Exterior Amenities BuiltInBarbecue Barbecue Lighting
Fencing Fenced
Parking Features Attached Covered Driveway Garage GarageDoorOpener
Lot Features QuarterToHalfAcreLot SprinklersAutomatic SprinklerSystem
Water Source Public Well
Lot Size Area 20541
Building Area Total 3167
Lot Size Acres 0.47
Waterfront Y/N false
Covered Spaces 1
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* Excluded Features
List By
Natalia Saldarriaga

Listing Agent

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
0 Elementary School
0 Middle School
Booker T. Washington High School High School
Pricing History
DatePricePrice ChangeDescription
6/9/2026$5,100,000 Listed Price

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560 Sabal Palm Road, Miami, FL, 33137 is a Single Family Home for sale at $5,100,000 with 2,837 sqft and a lot size of 0.47. 560 Sabal Palm Road has 4 bedrooms, 3.0 baths, and was built in 1953. The property's zip code is 33137 which is in Miami, FL