Price Check
How this price compares
- Asking price
- $8,300,000
- Price per sq ft
- $3,324
- Original price
- Unchanged
- Days on market
- 132
This 3-bedroom single-family home in Bay Point went under contract with an asking price of $8,300,000, or $3,324 per square foot. It spent 132 days on the market before going under contract.
Estimated monthly payment
$43,620 /mo
Principal and interest only, based on $1,660,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $8,300,000
- Days on Site
- 132 Days
- Bedrooms
- 3
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,497 sqft
- Total Sq Ft
- 2,497 sqft
- Lot Size
- 0.56 Acres
- Year Built
- 1942
- Property Type
- Single Family
- MLS #
- A12012144
- Property Tax
- $83,933 (2025)
- HOA Fees
- $7,424 / Annually
- Subdivision
- BAY POINT
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
Set within the highly coveted, guard-gated enclave of Bay Point, this offering represents one of the largest and most significant parcels in the community at approximately 24,376 square feet. A rare, perfectly rectangular lot of this scale, it provides an exceptional canvas for a landmark custom estate.The proportions of the land allow for a grand residence to be designed with complete flexibility, including the ability to build over 11,000 sq ft of living spaces, while still maintaining a generous outdoor area with ample room for outdoor programming including a padel court, pool, and a bespoke garage or collector’s space. The existing tree canopy offers a rare opportunity to integrate architecture into a fully matured tropical environment from day one.There truly is no other property in Bay Point that combines this level of land size, shape, build potential, and natural maturity. It is a once-in-a-generation opportunity to create a signature estate in one of Miami’s most exclusive neighborhoods.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Under Contract
- Year Built
- 1942
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 0
- Parking
- Driveway
- Direction Faces
- North
- Lot Size (Acres)
- 0.56
- Living Sq Ft
- 2,497
- Total Sq Ft
- 2,497
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Oven / Refrigerator
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Main Level Primary
- Total Rooms
- 1
- Furnished
- Unfurnished
Exterior Features
- Construction
- Other
- Roof
- Other
- Exterior Features
- Room For Pool
- Lot Features
- Fruit Trees
Community & HOA
- HOA Fee
- $7,424 / Annually
- Association Amenities
- Gated / Maintenance / Security
- Community Features
- Home Owners Association
- Security
- Security Guard
- Pets Allowed
- No Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Rental Restriction / See Remarks
- MLS Area
- 2320
This home's HOA fee works out to $619 a month, 49% above the $416 median across 4 homes for sale in Bay Point. See Bay Point HOA fees
Schools
- Elementary School
- Morningside K-8 Academy (Miami-Dade)
- Middle School
- Horace Mann
- High School
- Booker T. Washington
About the Community
Bay Point is a luxury community in Miami, Miami-Dade County, Florida. Properties are priced from $3,700,000 to $32,000,000. Pure Equity lists homes in Bay Point and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Under Contract
- 0
- Median List Price
- $18,400,000
- Median $/Sq Ft
- $3,534
- Avg Days on Market
- 288
Frequently Asked Questions
- How do I schedule a tour of 530 Melaleuca Lane, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 530 Melaleuca Lane, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 530 Melaleuca Lane, Miami, FL 33137 still available?
- 530 Melaleuca Lane, Miami, FL 33137 is currently listed as Under Contract, and has been on the market 132 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 530 Melaleuca Lane, Miami, FL 33137?
- With 20% down ($1,660,000) on the $8,300,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 530 Melaleuca Lane, Miami, FL 33137 is about $43,620/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 530 Melaleuca Lane, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 530 Melaleuca Lane, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 530 Melaleuca Lane, Miami, FL 33137 have an HOA fee?
- Yes: 530 Melaleuca Lane, Miami, FL 33137 carries an HOA fee of about $7,424 annually. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 530 Melaleuca Lane, Miami, FL 33137?
- 530 Melaleuca Lane, Miami, FL 33137 is zoned for Morningside K-8 Academy (Miami-Dade) (elementary), Horace Mann (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 530 Melaleuca Lane, Miami, FL 33137?
- Often, yes. The right offer on 530 Melaleuca Lane, Miami, FL 33137 depends on how it's priced against comparable single family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Douglas Elliman
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$8,300,000
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Listed by Sylvia Chamorro, Douglas Elliman
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Recent Sales
Recently sold homes in Bay Point
These are the last 6 recorded closings in Bay Point, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,051 per square foot. The most recent closed on September 29, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$10,300,000
Sold · September 29, 2026
655 Buttonwood Lane
3 bed · 2.5 bath · 2,322 sqft · $4,436/sqft
$600,000 under the asking price
Sold$3,650,000
Sold · July 31, 2026
4160 Bay Point Road
4 bed · 3.5 bath · 3,114 sqft · $1,172/sqft
$40,000 under the asking price
Sold$4,800,000
Sold · July 28, 2026
560 Sabal Palm Road
4 bed · 3 bath · 2,837 sqft · $1,692/sqft
$300,000 under the asking price
Sold$4,750,000
Sold · July 8, 2026
530 Sabal Palm Road
4 bed · 3.5 bath · 3,543 sqft · $1,341/sqft
$240,000 under the asking price
Sold$27,250,000
Sold · July 3, 2026
790 Lake Road
6 bed · 7.5 bath · 6,361 sqft · $4,284/sqft
$4,750,000 under the asking price
Sold$10,800,000
Sold · June 22, 2026
661 Melaleuca Lane
5 bed · 5.5 bath · 5,266 sqft · $2,051/sqft
$1,100,000 under the asking price
See every recorded sale in Bay Point or find out what your Bay Point home is worth.
