560 Sabal Palm Rd, Miami FL 33137

MLS #A12001145

View Map
Pending Add
$5,100,000
4
Bedrooms
3.0
Bathrooms
2,837 sq ft
Living Area
20,541 sq ft
Lot Size

Property Details

Type Residential
Style Single Family Residence
Bedrooms 4
Bathrooms 3
Half Baths 0
Living Area 2,837 sq ft
Pets Allowed Yes
Taxes $19,817
Maintenance Fee $6,000
Price $5,100,000
Status Active With Contract
Lot Size 20,541 sq ft
Year Built 1953
Waterfront No
Pool Yes
Subdivision BAY POINT
Days on Market 85

Additional Information

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.

Schedule a Showing

Select a Day

Friday
10
Jul
Saturday
11
Jul
Sunday
12
Jul
Michael Light

Michael Light

Broker Associate
The Light Group Douglas Elliman

Contact Agent


Similar Properties

Similar properties that are based on the subject property's location, size and price.

Schools

Walk Score

This property information is published by Miami Luxury Homes ("MLH"); however, MLH is not responsible for the accuracy of this property information. This information is derived wholly or in part from information found on the multiple listing service ("MLS") and is provided through the Internet Data Exchange ("IDX"). As per this Site's Terms and Conditions of Use, MLH makes no representations or warranties, including those related to the completeness, accuracy, or currency of this information. MLH provides this information solely to assist User in identifying property it may be interested in purchasing. User is expressly directed to verify all information independently. All information is deemed reliable but not guaranteed. -- Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Copyright © 2025 by Miami Luxury Homes. All rights reserved. Listing provided by Concept International Realty Inc

The Miami Luxury Homes A-List

Join 5,000+ current subscribers and sign up to receive our weekly newsletter!

We will NEVER share your information

Explore Miami & Miami Beach Communities