NOT LISTED FOR SALE

450 Sabal Palm Rd Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $7,381,000 - $7,650,117

7 Beds
9 Baths
6,600 Sq Ft
$1,138/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $7,450,000 $1,129 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $48,815/month

104 Days on Market

Highlights

  • New Construction
  • Gated Community
  • Maid or Guest Quarters
  • In Ground Pool
  • Atrium Room
  • 3-minute walk to Albert Pallot Park

About This Home

As of December 2024

Be the first to live in this stunning new construction home in prestigious Bay Point. Graciously configured, it features a living room with double-height ceilings, a family room, a den, and an office. With seven bedrooms, seven bathrooms, and two powder rooms, this home exudes luxury at its finest. With an abundance of natural light and an incredible floor plan, this home offers a modern tropical lifestyle. Step through the courtyard, and a spacious backyard oasis awaits. Additional features include a resort style pool, an outdoor covered summer kitchen, a two-car garage, a dedicated staff room, a laundry room, and a spacious pantry. Bay Point is a highly coveted private guard-gated community located minutes from the Miami Design District and numerous top-rated private schools.

Last Agent to Sell the Property

Billy Hernandez

Douglas Elliman License #3125385 Listed on: 08/07/2024

Douglas Elliman

Co-Listed By

Bryan Sereny

Douglas Elliman License #3074829

Last Buyer's Agent

Amber Berger

The Corcoran Group License #3503658

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,019

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.4 Acre Lot
  • North Facing Home
  • Property is zoned 0100

HOA Fees

  • $434 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking
  • Golf Cart Parking

Property Views

  • Garden
  • Pool

Interior Spaces

  • 6,600 Sq Ft Home
  • Built-In Features
  • Family Room
  • Den
  • Recreation Room
  • Atrium Room
  • Ceramic Tile Flooring

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Laundry

  • Laundry in Utility Room
  • Dryer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-008-0390

Community Details

Overview

  • Bay Point Subdivision
  • Mandatory home owners association

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,019

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$434 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Other
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: Pool Only, House
  • Subdivision Name: BAY POINT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Pantry, Walk-In Closet(s), Atrium, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 6600
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Atrium, Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Recreation Room, Utility Room/Laundry

Exterior Features

  • Roof: Other
  • View: Garden, Pool
  • Exterior Features: Barbeque, Lighting
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAY POINT
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Golf Cart Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 5205
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Private Roads, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-19-008-0390
  • Lot Size Sq Ft: 17366
  • Zoning: 0100

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 48019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2024
Closed on
Dec 11, 2024
Sold by
450 Sabal Palm Road Lp
Bought by
Gallacher Andrew and Gallacher Samantha
Seller's Agent
Billy Hernandez
Douglas Elliman
Buyer's Agent
Amber Berger
The Corcoran Group
List Price
$8,499,000
Sold Price
$7,450,000
Premium/Discount to List
-$1,049,000
-12.34%
Views
68
Current Estimated Value
$7,511,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,029
Avg. Annual Appreciation
4.73%

Purchase Details

Listed on
Nov 3, 2021
Closed on
Jan 28, 2022
Sold by
Marissa Nunez-Vilches
Bought by
450 Sabal Palm Road Lp
Seller's Agent
Nicolas Vicente
Mia MGMT Group, LLC.
Buyer's Agent
Julianna Castro
Compass Florida, LLC.
List Price
$3,100,000
Sold Price
$2,700,000
Premium/Discount to List
-$400,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.60%
Original Mortgage
$1,250,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2020
Sold by
Santa Daniela Llc
Bought by
Nunez Viches Marissa

Purchase Details

Closed on
May 1, 2008
Sold by
La Toscana Inc
Bought by
Santa Daniela Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Akar Elias
Bought by
Latoscana Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,950
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 29, 2005
Sold by
Daniel Michael
Bought by
Akar Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,950
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 2004
Sold by
Woodward Joseph T and Woodward Kathleen A Touby
Bought by
Daniel Michael

Purchase Details

Closed on
Jun 2, 1993
Sold by
Touby Kathleen A and Woodward Joseph T
Bought by
Woodward Joseph T and Touby Woodward Kathleen A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gallacher Andrew $7,450,000 Pinnacle Title Group
450 Sabal Palm Road Lp $2,700,000 Lourdes Corvo Pa
Nunez Viches Marissa $1,525,000 Appletower T&E Wce Llc
Santa Daniela Llc -- Attorney
Latoscana Inc -- None Available
Akar Elias $1,250,000 Aventura Title Ins Corp
Daniel Michael $625,000 --
Woodward Joseph T $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 450 Sabal Palm Road Lp $1,250,000
Previous Owner Akar Elias $124,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $7,450,000 -0.7% $1,129 / Sq Ft
11/19/2024 11/19/24 Pending -- -- --
11/07/2024 11/07/24 Price Changed $7,499,900 -11.8% $1,136 / Sq Ft
08/07/2024 08/07/24 For Sale $8,499,000 +214.8% $1,288 / Sq Ft
02/02/2022 02/02/22 Sold $2,700,000 0.0% --
02/02/2022 02/02/22 Sold $2,700,000 -12.9% --
11/03/2021 11/03/21 For Sale $3,100,000 0.0% --
08/30/2021 08/30/21 For Sale $3,100,000 +14.8% --
08/29/2021 08/29/21 Off Market $2,700,000 -- --
08/29/2021 08/29/21 For Sale $3,100,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $82,791 $5,386,323 $3,373,200 $2,013,123
2024 $48,019 $3,979,020 -- --
2023 $48,019 $2,335,941 $2,335,941 $0
2022 $29,909 $1,419,273 $0 $0
2021 $27,413 $1,290,249 $1,290,249 $0
2020 $21,263 $1,204,232 $1,204,232 $0
2019 $19,748 $1,146,888 $1,146,888 $0
2018 $18,232 $1,146,888 $1,146,888 $0
2017 $19,213 $672,278 $0 $0
2016 $18,990 $611,162 $0 $0
2015 $16,919 $555,602 $0 $0
2014 $14,152 $505,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Hernandez

    Seller's Agent in 2024

    Billy Hernandez

    Douglas Elliman

    (305) 910-7644

    1 in this area

    133 Total Sales

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  • Bryan Sereny

    Seller Co-Listing Agent in 2024

    Bryan Sereny

    Douglas Elliman

    (305) 695-6300

    1 in this area

    131 Total Sales

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  • Amber Berger

    Buyer's Agent in 2024

    Amber Berger

    The Corcoran Group

    (917) 658-6430

    1 in this area

    25 Total Sales

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  • Nicolas Vicente

    Seller's Agent in 2022

    Nicolas Vicente

    Mia MGMT Group, LLC.

    (917) 593-4004

    2 in this area

    28 Total Sales

    Section Image
  • Julianna Castro

    Buyer's Agent in 2022

    Julianna Castro

    Compass Florida, LLC.

    (305) 851-2820

    19 in this area

    39 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11617095

MIAMI REALTORS® MLS

APN: 01-3219-008-0390

Florida Miami/Dade County Miami 33137 Upper East Side South

450 Sabal Palm Rd, Miami, FL

This home is located at 450 Sabal Palm Rd, Miami, FL 33137 since 07 August 2024 and is currently estimated at $7,511,029, approximately $1,138 per square foot. This property was built in 2023. 450 Sabal Palm Rd is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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