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
$12,500,000
640 Sabal Palm Rd, Miami, FL 33137
--beds
--baths
0.5Acres
Unimproved Land
Built in ----
0.5 Acres Lot
$13,759,800 Zestimate®
$--/sqft
$9,232 Estimated rent
Home value
$13,759,800
$11.56M - $16.24M
$9,232/mo
Zestimate® history
Owner options
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$9,232/mo
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$9,232/mo
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$86,282/mo
Est. payment
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$86,282/mo
Est. payment
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Zillow last checked:
Listing updated:
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
- On waterfront: Yes
- Waterfront features: Navigable Water, Ocean Access, Seawall, Bay
- Frontage type: Bay/Harbor
- Frontage length: 100
Lot
- Size: 0.5 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 & HOA
Community
- Subdivision: Bay Point
HOA
- Has HOA: No
Location
- Region: Miami
Financial & listing details
- Tax assessed value: $10,815,179
- Annual tax amount: $112,531
- Date on market: 6/2/2024
- 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 | ||
| 4/16/2020 | Sold | $4,820,000-10.7% |
Source: MIAMI #A10802679 Report a problem | ||
| 3/28/2020 | Pending sale | $5,399,000 |
Source: Genstone Realty #A10802679 Report a problem | ||
| 3/23/2020 | Price change | $5,399,000-9.3% |
Source: Genstone Realty #A10802679 Report a problem | ||
| 3/2/2020 | Pending sale | $5,950,000 |
Source: Genstone Realty #A10802679 Report a problem | ||
| 1/18/2020 | Listed for sale | $5,950,000+2.6% |
Source: Got Properties Real Estate Ser #A10802679 Report a problem | ||
| 11/19/2019 | Sold | $5,800,100-13.2% |
Source: Public Record Report a problem | ||
| 10/29/2019 | Price change | $6,681,843+0.4% |
Source: Auction.com Report a problem | ||
| 10/27/2019 | Price change | $6,657,610+0.3% |
Source: Auction.com Report a problem | ||
| 10/25/2019 | Price change | $6,639,690+0.4% |
Source: Auction.com Report a problem | ||
| 10/23/2019 | Price change | $6,616,466+0.4% |
Source: Auction.com Report a problem | ||
| 10/21/2019 | Price change | $6,592,252+0.7% |
Source: Auction.com Report a problem | ||
| 10/18/2019 | Price change | $6,545,243+0.8% |
Source: Auction.com Report a problem | ||
| 10/14/2019 | Price change | $6,491,382+0.9% |
Source: Auction.com Report a problem | ||
| 10/11/2019 | Price change | $6,431,156+4.1% |
Source: Auction.com Report a problem | ||
| 10/8/2019 | Listed for sale | $6,174,901+0.9% |
Source: Auction.com Report a problem | ||
| 9/4/2019 | Listing removed | $6,117,241 |
Source: Auction.com Report a problem | ||
| 8/31/2019 | Price change | $6,117,241+0% |
Source: Auction.com Report a problem | ||
| 8/30/2019 | Price change | $6,116,411+0.6% |
Source: Auction.com Report a problem | ||
| 8/27/2019 | Price change | $6,081,564+0.5% |
Source: Auction.com Report a problem | ||
| 8/25/2019 | Price change | $6,052,852+0.3% |
Source: Auction.com Report a problem | ||
| 8/22/2019 | Listed for sale | $6,032,238+48% |
Source: Auction.com Report a problem | ||
| 7/5/2005 | Sold | $4,075,000+307.5% |
Source: Public Record Report a problem | ||
| 9/30/1998 | Sold | $1,000,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $216,552 +32.5% | $10,815,179 +84.4% |
| 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% |
| 2021 | $94,017 -9.8% | $4,407,167 -9.6% |
| 2020 | $104,195 -0.4% | $4,874,375 -0.1% |
| 2019 | $104,561 +3.6% | $4,880,511 +2.5% |
| 2018 | $100,925 | $4,759,433 +10% |
| 2017 | $100,925 +1.8% | $4,326,758 +10% |
| 2016 | $99,156 +17.6% | $3,933,417 +10% |
| 2015 | $84,300 +10.2% | $3,575,834 +10% |
| 2014 | $76,476 +17% | $3,250,759 +10% |
| 2013 | $65,348 +0% | $2,955,236 +10% |
| 2012 | $65,348 +14.2% | $2,686,579 +10% |
| 2011 | $57,213 +5.7% | $2,442,345 +10% |
| 2010 | $54,130 -1.2% | $2,220,314 -6.2% |
| 2009 | $54,809 -32.8% | $2,367,943 -35.5% |
| 2007 | $81,603 +44.8% | $3,668,568 |
| 2006 | $56,342 | -- |
| 2005 | $56,342 -3.4% | -- |
| 2004 | $58,316 +82.4% | -- |
| 2003 | $31,972 +15.4% | -- |
| 2002 | $27,703 | -- |
| 2001 | $27,703 | -- |
Find assessor info on the county website
Neighborhood: Upper Eastside
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Nearby schools
GreatSchools rating
- 9/10Morningside K-8 AcademyGrades: PK-8Distance: 1.5 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 2.5 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 3.1 mi
- Florida
- Miami-Dade County
- Miami
- 33137
- Upper Eastside
- 640 Sabal Palm Rd
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