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For sale
    • $5,100,000

    560 Sabal Palm Rd, Miami, FL 33137

    4beds
    2,837sqft
    : 
    Single Family Residence
    Built in 1953
    0.47 Acres Lot
    $4,829,400 Zestimate®
    $1,798/sqft
    $500/mo HOA

    What's special

    Pool with waterfallMarble finishesWet barMature tropical landscapingEntertainment areasOpen-concept media space
    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.
    23 hours
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    116
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    9
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    Zillow last checked:

    Listing updated:

    Listed by:

    Natalia Saldarriaga PA 305-303-1078,

    Concept International Realty Inc

    Source: MIAMI,MLS#: A12001145MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Den/Library/Office
      Heating
      • Central, Electric
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Oven, Washer
      Features
      • Closet Cabinetry, Walk-In Closet(s), Wet Bar
      • Flooring: Marble
      • Doors: High Impact Doors
      • Windows: High Impact Windows
      Interior area
      • Total structure area: 3,167
      • Total interior livable area: 2,837 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Driveway, Garage Door Opener
      • Attached garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 1
      • Entry location: First Floor Entry
      • Exterior features: Barbecue, Built-in Barbecue, Lighting
      • Has private pool: Yes
      • Pool features: In Ground, Fenced, Concrete, Equipment Stays, Pool Only
      • Fencing: Fenced
      • Has view: Yes
      • View description: Garden
      Lot
      • Size: 0.47 Acres
      • Features: 1/4 To Less Than 1/2 Acre Lot
      Details
      • Additional structures: Extra Building/Shed
      • Parcel number: 0132190080440
      • Zoning: 0100

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Concrete Block Construction
      • Roof: Barrel Roof
      Condition
      • Year built: 1953

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water, Well

      Community & HOA

      Community
      • Features: Tennis Court(s), Maintained Community
      • Security: Fire Alarm, Smoke Detector
      • Subdivision: Bay Point
      HOA
      • Has HOA: Yes
      • HOA fee: $6,000 annually
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,798/sqft
      • Tax assessed value: $4,125,091
      • Annual tax amount: $19,817
      • Date on market: 4/14/2026
      • Listing terms: All Cash,Assumable,Conventional
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        Estimated market value

        $4,829,400

        $4.59M - $5.07M

        $8,036/mo

        Price history

        DateEventPrice
        4/14/2026Listed for sale$5,100,000-1.9%$1,798/sqft
        Source: MIAMI #A12001145 Report a problem
        3/21/2026Listing removed$5,200,000$1,833/sqft
        Source: MIAMI #A11882123 Report a problem
        1/12/2026Price change$5,200,000-5.5%$1,833/sqft
        Source: MIAMI #A11882123 Report a problem
        9/22/2025Listed for sale$5,500,000-1.8%$1,939/sqft
        Source: MIAMI #A11882123 Report a problem
        5/1/2025Listing removed$5,600,000$1,974/sqft
        Source: MIAMI #A11657564 Report a problem
        2/26/2025Price change$5,600,000-3.4%$1,974/sqft
        Source: MIAMI #A11657564 Report a problem
        1/7/2025Price change$5,800,000-2.5%$2,044/sqft
        Source: MIAMI #A11657564 Report a problem
        9/11/2024Listed for sale$5,950,000+715.1%$2,097/sqft
        Source: MIAMI #A11657564 Report a problem
        6/25/2010Sold$730,000-43.6%$257/sqft
        Source: Public Record Report a problem
        7/21/2008Listing removed$1,295,000$456/sqft
        Source: NCI #m1174352 Report a problem
        3/30/2008Listed for sale$1,295,000+465.5%$456/sqft
        Source: NCI #m1174352 Report a problem
        7/11/1995Sold$229,000+1.8%$81/sqft
        Source: Public Record Report a problem
        9/9/1993Sold$225,000$79/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$19,297 +0.5%$986,067 +3%
        2023$19,199 +2.8%$957,347 +3%
        2022$18,675 +4.3%$929,464 +7.3%
        2021$17,897 +1.2%$866,210 +1.4%
        2020$17,687 +2.1%$854,251 +2.3%
        2019$17,317 +3.9%$835,045 +1.9%
        2018$16,665 $819,475 +10.4%
        2017$16,665 +9.4%$742,612 +2.1%
        2016$15,227 -1.9%$727,338 +0.7%
        2015$15,519 -1.1%$722,283 +0.8%
        2014$15,696 +3.7%$716,551 +1.5%
        2013$15,134 0%$705,962 +1.7%
        2012$15,134 +4.8%$694,162 +5.3%
        2011$14,438 +164.9%$659,242 +162.7%
        2010$5,450 +8.3%$250,925 +2.7%
        2009$5,033 +0.2%$244,329 +15.3%
        2007$5,021 -7.9%$211,976
        2006$5,452 --
        2005$5,452 +0.1%--
        2004$5,448 +2.5%--
        2003$5,317 +2.9%--
        2002$5,167 --
        2001$5,167 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $33,566/mo
        Principal & interest
        $25246
        Property taxes
        $7820
        HOA Fees
        $500
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          Climate risks

          Neighborhood: Upper Eastside

          Getting around

          57 / 100
          Somewhat Walkable
          49 / 100
          Some Transit
          62 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Horace Mann

          Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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