5863 Paradise Point Dr Palmetto Bay, FL 33157
Estimated payment $9,048/month
Highlights
- Property has ocean access
- Shared Dock
- Gated Community
- Coral Reef Elementary School Rated A
- Property Fronts a Bay or Harbor
- Community Pool
About This Lot
Discover the final bayfront vacant lot in exclusive Paradise Point, where every day feels like a resort getaway. Nestled within the prestigious Royal Harbour Yacht Club, enjoy 24-hour security, clubhouse, tennis and pickleball courts, heated pool and spa, fitness center, and a private beach with volleyball court. Stroll the scenic path to the bay or set sail from the full-service marina just steps away. This isn’t just land—it’s your canvas to build a custom waterfront home in one of South Florida’s most coveted gated communities.
Property Details
Property Type
- Land
Est. Annual Taxes
- $13,997
Lot Details
- 0.3 Acre Lot
- 1,010 Ft Wide Lot
- Property Fronts a Bay or Harbor
- East Facing Home
- Landscaped with Trees
- Property is zoned 0102
Additional Features
- Bay Views
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 33-50-25-009-0080
Community Details
Overview
- Paradise Point 1St Amendm Condos
- Paradise Point 1St Amendm Subdivision
- Mandatory Home Owners Association
Recreation
- Tennis Courts
- Community Pool
- Property has ocean access
- Shared Dock
Additional Features
- Maintenance Expense $2,645
- Gated Community
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 | $13,997 | $843,451 | -- | -- |
| 2024 | $13,335 | $766,774 | -- | -- |
| 2023 | $13,335 | $697,068 | $0 | $0 |
| 2022 | $11,080 | $633,699 | $633,699 | $0 |
| 2021 | $9,647 | $533,641 | $533,641 | $0 |
| 2020 | $9,586 | $533,641 | $533,641 | $0 |
| 2019 | $9,593 | $533,641 | $533,641 | $0 |
| 2018 | $9,379 | $533,641 | $533,641 | $0 |
| 2017 | $9,558 | $533,641 | $0 | $0 |
| 2016 | $9,762 | $533,641 | $0 | $0 |
| 2015 | $10,020 | $533,641 | $0 | $0 |
| 2014 | $10,231 | $533,641 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $1,500,000 | +76.5% | -- | |
| 10/10/2025 10/10/25 | Sold | $850,000 | -12.8% | -- | View Prior Sale |
| 09/20/2025 09/20/25 | For Sale | $975,000 | +39.3% | -- | |
| 11/18/2021 11/18/21 | Sold | $700,000 | 0.0% | -- | View Prior Sale |
| 11/18/2021 11/18/21 | Sold | $700,000 | -11.9% | -- | View Prior Sale |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- | |
| 09/21/2021 09/21/21 | Pending | -- | -- | -- | |
| 08/09/2021 08/09/21 | For Sale | $795,000 | 0.0% | -- | |
| 07/01/2021 07/01/21 | Price Changed | $795,000 | -11.2% | -- | |
| 04/06/2021 04/06/21 | For Sale | $895,000 | +175.4% | -- | |
| 01/13/2012 01/13/12 | Sold | $325,000 | -31.9% | -- | View Prior Sale |
| 12/28/2011 12/28/11 | Pending | -- | -- | -- | |
| 06/06/2011 06/06/11 | For Sale | $477,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $637,500 | None Listed On Document | |
| Warranty Deed | $500,000 | Attorney | |
| Special Warranty Deed | $325,000 | Attorney | |
| Trustee Deed | $200,100 | None Available | |
| Warranty Deed | $1,000,000 | Attorney | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Balloon | |
| Previous Owner | $757,500 | Purchase Money Mortgage | |
| Previous Owner | $400,000 | Unknown |
Source: MIAMI REALTORS® MLS
MLS Number: A11903599
APN: 33-5025-009-0080
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