Waterfront development opportunity! Offered "as-is" land value. One-of-a-kind offering in the coveted and exclusive gated community of Bay Point. SE facing TROPHY property on 100' of unobstructed wide bayfront, with deep water dockage and 360-degree panoramic views of the Miami skyline. Build your masterpiece in the most exclusive gated community in Miami!
Sold for $12,500,000 on 10/17/24
$12,500,000
640 Sabal Palm Rd, Miami, FL 33137
--beds
--baths
0.5Acres
Boat Slip
Built in ----
0.5 Acres Lot
$13,473,500 Zestimate®
$--/sqft
$9,232 Estimated rent
Home value
$13,473,500
$11.45M - $15.76M
$9,232/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 18, 2024 at 01:24pm
Listed by:
Laura Graves PA 786-457-8001,
BrokerNation Real Estate
Bought with:
Randy Rose, 0183469
Rose And Rose Rlty, P.A.
Gabriel Mijares, 3282239
Charles Rutenberg Realty FTL
Source: MIAMI,MLS#: A11598534
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Property
Features
- Fencing: Fenced
- Waterfront features: Navigable Water, Ocean Access, Seawall, Bay
- Frontage type: Bay/Harbor
- Frontage length: 100
Lot
- Size: 0.50 Acres
- Features: 1/2 To Less Than 3/4 Acre Lot, Build To Suit, Other
- Residential vegetation: Mango, No Trees, Other Trees
Details
- Additional structures: Other Bldg Incl
- Parcel number: 0132190080540
- Zoning: 0100
Community & neighborhood
Location
- Region: Miami
- Subdivision: Bay Point
Other
Other facts
- Listing terms: All Cash,Conventional,Owner Will Carry
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2024 | Sold | $12,500,000-19.4% |
Source:  MIAMI #A11598534 Report a problem | ||
| 9/6/2024 | Pending sale | $15,500,000 |
Source: MIAMI #A11598803 Report a problem | ||
| 6/2/2024 | Price change | $15,500,000-13.9% |
Source: MIAMI #A11598803 Report a problem | ||
| 1/10/2024 | Price change | $18,000,000-14.3% |
Source: MIAMI #A11473548 Report a problem | ||
| 10/24/2023 | Listed for sale | $21,000,000+335.7% |
Source: MIAMI #A11473548 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $163,423 +29.4% | $5,865,938 +10% |
| 2023 | $126,334 +12.3% | $5,332,671 +10% |
| 2022 | $112,531 +19.7% | $4,847,883 +10% |
Find assessor info on the county website
Neighborhood: Upper Eastside
Nearby schools
GreatSchools rating
- 9/10Morningside K-8 AcademyGrades: PK-8Distance: 1.5 mi
- 3/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 2.5 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 3.1 mi