House in Miami, FL 33137
Bay Point, 560 Sabal Palm Rd

$5.1M5.9%
$4,800,000
4
Beds
3
Baths
2,837
SqFt
Status
Sold - Jul 28, 2026
Parking
1
Size
2,837 SqFt (264 m2)
Price
$1,692/SqFt ($18,212/m2)
Type
House
Built
1953
HOA
$6,000/MO
MLS Number
A12001145
View
Garden
On Site
153 Days
Updated
39 Days ago
Page Views
0
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.

Features

Bedrooms
  • Bedrooms: 4
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Barbecue, Fence, SecurityHighImpactDoors, Lighting, OutdoorGrill, Shed
  • View: Garden
Interior, Heating and Cooling
  • Interior Features: WetBar, BedroomOnMainLevel, ClosetCabinetry, FirstFloorEntry, WalkInClosets
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Marble
  • Windows/Treatment: ImpactGlass
  • Year Built: 1953
  • Year Built Description: Resale
  • Style: Detached,OneStory
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
  • Middle School: Horace Mann
Other Property Info
  • Garage: 1
  • Listing Date: 2026-04-14T17:58:18.000-00:00
  • Directions: North
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Taxes: 19817
  • Security Information: SmokeDetectors
  • Parking Description: Attached, Covered, Driveway, Garage, GarageDoorOpener

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Price History

Current
$4.8M
High
$5.1M
Low
$4.8M
Total Change
-5.9%
$5.1M$5M$4.8MApr 26Jun 26Apr 26Jul 26
Date
Event
Price
Change
Price Per
07/28/2026
Sold
$4.8M
0%
$1,692 ft2
$18,212 m2
04/14/2026
Price Reduced
$4.8M
-5.88%
$1,692 ft2
$18,212 m2
06/09/2026
Price Reduced
$5.1M
0%
$1,798 ft2
$19,350 m2
04/14/2026
Listed
$5.1M
 
$1,798 ft2
$19,350 m2
07/28/2026
$4.8M
Event
Sold
Change
0%
Price Per
$1,692 ft2
$18,212 m2
04/14/2026
$4.8M
Event
Price Reduced
Change
-5.88%
Price Per
$1,692 ft2
$18,212 m2
06/09/2026
$5.1M
Event
Price Reduced
Change
0%
Price Per
$1,798 ft2
$19,350 m2
04/14/2026
$5.1M
Event
Listed
Price Per
$1,798 ft2
$19,350 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Natalia SaldarriagaConcept International Realty Inc • Buyer Agency Compensation .

Listing Location & Street View
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Scores

Walk Score®
Somewhat Walkable. Some errands can be accomplished on foot
55

100
Transit Score®
Some Transit. A few nearby public transportation options
47

100
Bike Score®
Somewhat Bikeable. Minimal bike infrastructure
47

100
Sound Score®
Bearable noise
76

100
Airport Score
Close to airports. Noticeable airport activity
0

100
Traffic Score
Congested area. Frequent traffic delays
31

100
Local Score
Limited local amenities nearby
0

100
Community Snapshot
3 – 6 BR
Bedrooms
$8.3M – $28.8M
Price Tier
1,896 - 20,567
SqFt Range
1961
Year Build
2
Total Floors

Subdivision Amenities

Guard
Maintenance
Security

Miami
Ultra Luxury
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