New Listing - 04/14/2026

$5,100,000 ($1,797.67 per sqft)

Est. Mortgage $24,791/mo *

Quick Pre-Approval

560 Sabal Palm Rd, Miami, FL, 33137

560 Sabal Palm Rd, Miami, FL, 33137

4 beds

3 Full baths

1953

Detached, One Story

2,837 sqft

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.


Status:

Active

Type:

Single-family residential

Zoning:

0100

Subdivision:

BAY POINT

Garage:

1-car Attached, Covered, Driveway, Garage, Garage Door Opener

Heating:

Central, Electric

Cooling:

Central Air, Electric

Common Charge:

$6,000 Annually

Est. Taxes:

$19,817

HOA Fee

$6,000

Construction

Block

Lot Description:

1/4 to 1/2 Acre Lot,Sprinklers Automatic,Sprinkler System

View Description:

Garden

Middle School:

Horace Mann

Pet Allowed:

Yes

Pet Policy:

Conditional, Yes

Appliances:

Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer

Pool:

Concrete, Fenced, In Ground, Other, Pool Equipment, Pool

MLS #:

A12001145


Community Info

School Info

Walk Score

Yelp


Listing courtesy of Concept International Realty Inc 786-329-5690