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House in Palmetto Bay, FL 33157Paradise Point, 5863 Paradise Point Dr
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OFF MARKET
Studio
BedsNaN
SqFtUltra Luxury House
Built in 2021
4 Parking
Bay,Ocean View
$882/mo HOA
Waterfront
Detached
NEW PRICE, $300,000 REDUCTION. Rare opportunity to own the LAST 7,342 sq. ft. south-facing waterfront lot in the exclusive gated Paradise Point, Palmetto Bay. Minutes from Pinecrest, this boater’s dream offers resort-style amenities at Royal Harbor Yacht Club, including 24/7 security, a clubhouse, tennis courts, a heated pool, a gym, a private beach, and a full-service marina with direct bay access. Includes approved plans for a 6,000 sq. ft. home with a rooftop pool and stunning Biscayne Bay views. Plans approved by Palmetto Bay & HOA. Don’t miss this chance—call the listing agent for details!
MLS Number: A11766115
On Site: 542 Days
Updated: 520 Days ago
Page Views: 0
Features
Bedrooms
- Bedrooms: No info
Bathrooms
- Bathrooms: No info
Exterior and Lot Features
- Exterior Features: None
- View: Bay,Ocean
Interior, Heating and Cooling
- Interior Features: FirstFloorEntry, Other
- Equipment / Appliances: Other
- Heating Description: Other
- Cooling Description: Other
Building and Construction
- Floor Description: Other
- Year Built: 2021
- Year Built Description: Resale
- Style: Detached
Waterfront and Water Access
- Waterfront Frontage: Yes
School Information
- Elementary School: Coral Reef
- Middle School: Southwood
- Senior High School: Miami Palmetto
Other Property Info
- Garage: 4
- Listing Date: 2025-03-24T10:32:45.000-00:00
- Directions: South
- Pets Allowed: Conditional,Yes
Taxes, Fees & More
- Taxes: 13997
- Parking Description: Attached, Driveway, Garage, Guest
Apples-to-Apples Comparables
Price History
Current
$1.4M
High
$1.8M
Low
$1.4M
Total Change
-21.4%Date
Event
Price
Change
Price Per
04/15/2025
Price Reduced
$1.4M
-12.54%N/A ft2
N/A m2
04/01/2025
Price Reduced
$1.6M
-10.14%N/A ft2
N/A m2
03/18/2025
Listed
$1.8M
N/A ft2
N/A m2
04/15/2025
$1.4M
Event
Price Reduced
Change
-12.54%Price Per
N/A ft2
N/A m2
04/01/2025
$1.6M
Event
Price Reduced
Change
-10.14%Price Per
N/A ft2
N/A m2
03/18/2025
$1.8M
Event
Listed
Price Per
N/A ft2
N/A m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ricky Kallabat • Keller Williams Capital Realty • Buyer Agency Compensation .
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Scores
1
100
26
100
79
100
0
100
26
100
0
100
Community Snapshot
$1.3M – $1.3M
Price Tier
2,829 - 5,870
SqFt Range
2005
Year Build
18
Total Units
Palmetto Bay Ultra Luxury Ultra Luxury Homes & Condos
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