HOMES BY DARCI
Southern Key Realty
560 Sabal Palm Road Miami FL 33137
Views
Address
560 Sabal Palm Road, Miami, FL
Price
$ 5,100,000
Property Attributes
- MLS#A12001145
- TypeSingle Family
- Listing Status ActiveUnderContract
- CountyMiami-Dade
- CityMiami
- Area2320
- NeighborhoodBAY POINT
- Zip33137
- Style
- Year Built1953
- Taxes$ 19817
- Price$ 5,100,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2837
- Lot Size0.47 Acres
Data Source:
Beaches MLS (FL)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Morningside K-8 Academy (Miami-Dade) Elementary School | Horace Mann Middle School | Booker T. Washington High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $5,100,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central,Electric |
| Cooling | CentralAir,Electric |
| Possession | Negotiable |
| Roof | Barrel |
| Appliances | Dryer,Dishwasher,ElectricRange,ElectricWaterHeater,Microwave,Oven,Refrigerator,Washer |
| HOA Fee | 6000 |
| Garage Spaces | 1 |
| Pool Features | Concrete,InGround,PoolEquipment |
| Security Features | FireAlarm,SmokeDetectors |
| Construction Materials | Block |
| Pets Allowed | PetRestrictions,Yes |
| Year Built | 1953 |
| View | Garden |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2025 |
| Community Features | HomeOwnersAssociation |
| Assoc Fee Paid Per | Annually |
| County | Miami-Dade |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | Maintenance,TennisCourts |
| Attached Garage | true |
| Subdivision Name | BAY POINT |
| Facing Direction | North |
| Garage Y/N | true |
| Other Structures | Outbuilding |
| Total Rooms | 1 |
| Full Baths | 3 |
| Status | ActiveUnderContract |
| High School | Booker T. Washington |
| City | Miami |
| Disclosures | OwnerIsListingAgent |
| Senior Community Y/N | false |
| MLS Area | 2320 |
| Elementary School | Morningside K-8 Academy (Miami-Dade) |
| Tax Annual Amount | 19817 |
| Middle/Junior High School | Horace Mann |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12001145 |
| Standard Status | ActiveUnderContract |
| Occupancy Type | Owner |
| Property Sub Type Additional | SingleFamilyResidence |
| PostalCity | Miami |
| Legal Description | BAY POINT PB 40-63 LOT 6 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 88.920 X 231 OR 16844-4551 0795 1 |
Interior Features
| Interior Amenities | WetBar,ClosetCabinetry,MainLevelPrimary,WalkInClosets |
|---|---|
| Flooring | Marble |
| Total Stories | 1 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| Entry Level | 1 |
| Total Baths | 3 |
Exterior Features
| Exterior Amenities | BuiltInBarbecue,Barbecue,Lighting |
|---|---|
| Fencing | Fenced |
| Parking Features | Attached,Covered,Driveway,Garage,GarageDoorOpener |
| Lot Features | QuarterToHalfAcreLot,SprinklersAutomatic,SprinklerSystem |
| Water Source | Public,Well |
| Lot Size Area | 20541 |
| Building Area Total | 3167 |
| Lot Size Acres | 0.47 |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33137
Price
Taxes
Year Built
Similar Properties
Miami Beach
$ 5,100,000
1321 15th Street
Miami Beach, FL 33139
- Type
- Single Family
- Size
- 76 SqFt
- Rooms
- 0 Beds + 0 Baths
Miami Beach
$ 4,250,000
5445 Collins Avenue Cu14
Miami Beach, FL 33140
- Type
- Single Family
- Size
- 12,006 SqFt
- Rooms
- 0 Beds + 0 Baths
Just Listed
North Miami
$ 4,200,000
11970 Ne 19th Drive
North Miami, FL 33181
- Type
- Single Family
- Size
- 11,094 SqFt
- Rooms
- 0 Beds + 0 Baths
The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The data is provided exclusively for the user's personal non-commercial use, and may not be used for any purpose other than to identify properties that the user may be interested in purchasing or leasing. The properties displayed may not be all of the properties in the MLS's database, or all
These listings are provided by the IDX Program of Brevard County, Florida. Real Estate listings held by brokerage firms other than Southern Key Realty are marked with the IDX Logo and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
