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.
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.
Property Details
Price:
$5,100,000
MLS #:
A12001145
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
BAY POINT
Neighborhood:
baypoint
Listed Date:
Apr 14, 2026
Finished Sq Ft:
2,837
Total Sq Ft:
3,167
Year Built:
1953
See this Listing
Schools
Middle School:
Horace Mann
Interior
Appliances
Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Marble
Heating
Central, Electric
Interior Features
First Floor Entry, Closet Cabinetry, Walk-In Closet(s), Wet Bar, Den/Library/Office
Exterior
Architectural Style
Detached, One Story
Attached Garage YN
1
Community Features
Tennis Court(s), Maintained Community
Construction Materials
Concrete Block Construction
Covered Spaces
1
Direction Faces
North
Exterior Features
Barbeque, Built-In Grill, Lighting
Fencing
Fenced
Garage Spaces
1
Lot Features
1/4 To Less Than 1/2 Acre Lot
Open Parking YN
1
Other Structures
Extra Building/Shed
Parking Features
Covered, Driveway
Roof
Barrel Roof
Security Features
Fire Alarm, Smoke Detector
View
Garden
Window Features
High Impact Windows
Financial
HOA Fee
$6,000
HOA Fee Frequency
Annually
Tax Year
2025
Taxes
$19,817
Map
Community
- Address560 Sabal Palm Rd Miami FL
- SubdivisionBAY POINT
- CityMiami
- CountyMiami-Dade County
- Zip Code33137
Market Summary
Current real estate data for Single Family in Miami as of Apr 21, 2026
3,659
Single Family Listed
130
Avg DOM
583
Avg $ / SqFt
$1,673,559
Avg List Price
Property Summary
- Located in the BAY POINT subdivision, 560 Sabal Palm Rd Miami FL is a Single Family for sale in Miami, FL, 33137. It is listed for $5,100,000 and features 4 beds, 3 baths, and has approximately 2,837 square feet of living space, and was originally constructed in 1953. The current price per square foot is $1,798. The average price per square foot for Single Family listings in Miami is $583. The average listing price for Single Family in Miami is $1,673,559.
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