560 Sabal Palm Rd Miami, FL 33137
Upper East Side South NeighborhoodEstimated payment $29,004/month
Highlights
- Concrete Pool
- 20,541 Sq Ft lot
- Garden View
- Morningside K-8 Academy Rated 9+
- Marble Flooring
- 3-minute walk to Albert Pallot Park
About This Home
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.
Listing Agent
Concept International Realty Inc License #3231861 Listed on: 04/14/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $19,817
Year Built
- Built in 1953
Lot Details
- 20,541 Sq Ft Lot
- North Facing Home
- Fenced
- Property is zoned 0100
HOA Fees
- $500 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Home Design
- Barrel Roof Shape
Interior Spaces
- 2,837 Sq Ft Home
- 1-Story Property
- Wet Bar
- Den
- Marble Flooring
- Garden Views
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Concrete Pool
- In Ground Pool
- Fence Around Pool
- Pool Equipment Stays
Outdoor Features
- Exterior Lighting
- Shed
- Outdoor Grill
Schools
- Horace Mann Middle School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 01-32-19-008-0440
Community Details
Overview
- Bay Point Subdivision
- Maintained Community
Recreation
- Tennis Courts
Map
Home Values in the Area
Average Home Value in this Area
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 | $19,297 | $1,014,662 | -- | -- |
| 2024 | $19,199 | $986,067 | -- | -- |
| 2023 | $19,199 | $957,347 | $0 | $0 |
| 2022 | $18,675 | $929,464 | $0 | $0 |
| 2021 | $17,897 | $866,210 | $0 | $0 |
| 2020 | $17,687 | $854,251 | $0 | $0 |
| 2019 | $17,317 | $835,045 | $0 | $0 |
| 2018 | $16,665 | $819,475 | $0 | $0 |
| 2017 | $15,227 | $742,612 | $0 | $0 |
| 2016 | $15,346 | $727,338 | $0 | $0 |
| 2015 | $15,519 | $722,283 | $0 | $0 |
| 2014 | $15,696 | $716,551 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/14/2026 04/14/26 | For Sale | $5,100,000 | -- | $1,798 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $730,000 | Peninsula Title Corp | |
| Warranty Deed | $229,000 | -- | |
| Deed | $225,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $584,000 | New Conventional | |
| Previous Owner | $217,000 | New Conventional | |
| Previous Owner | $183,200 | No Value Available | |
| Previous Owner | $157,500 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A12001145
APN: 01-3219-008-0440
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