$4,800,000
Sold · July 28, 2026
560 Sabal Palm Road
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $4,800,000
- Vs. list price
- 5.9% under
- Days on market
- 55
- Price per sq ft
- $1,692
This 4-bedroom single-family home in Bay Point sold for $4,800,000 on July 28, 2026. That was 5.9% below its final list price of $5,100,000. It spent 55 days on the market. At $1,692 per square foot, it closed 23.5% below the $2,211 median of the 6 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $4,800,000
- Sold On
- July 28, 2026
- Days on Site
- 55 Days
- Bedrooms
- 4
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- 0
- Living Area
- 2,837 sqft
- Total Sq Ft
- 3,167 sqft
- Lot Size
- 0.47 Acres
- Year Built
- 1953
- Property Type
- Single Family
- MLS #
- A12001145
- Property Tax
- $19,817 (2025)
- HOA Fees
- $6,000 / Annually
- Subdivision
- BAY POINT
- Development
- BAY POINT
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
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.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1953
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Attached / Covered / Driveway / Garage / Garage Door Opener
- Direction Faces
- North
- Lot Size (Acres)
- 0.47
- Living Sq Ft
- 2,837
- Total Sq Ft
- 3,167
- Sewer
- Public Sewer
- Water Source
- Public / Well
- Zoning
- 0100
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Oven / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central / Electric
- Flooring
- Marble
- Interior Features
- Wet Bar / Closet Cabinetry / Main Level Primary / Walk In Closets
- Total Rooms
- 1
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Exterior Features
- Built In Barbecue / Barbecue / Lighting
- Private Pool
- Yes
- Pool Features
- Concrete / In Ground / Pool Equipment
- Lot Features
- Quarter To Half Acre Lot / Sprinklers Automatic / Sprinkler System
- View
- Garden
Community & HOA
- HOA Fee
- $6,000 / Annually
- Association Amenities
- Maintenance / Tennis Courts
- Community Features
- Home Owners Association
- Security
- Fire Alarm / Smoke Detectors
- Pets Allowed
- Pet Restrictions / Yes
- Financing Terms
- Assumable / Cash / Conventional
- MLS Area
- 2320
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
- 5
- Under Contract
- 0
- Median List Price
- $10,800,000
- Median $/Sq Ft
- $3,324
- Avg Days on Market
- 255
Frequently Asked Questions
- How do I schedule a tour of 560 Sabal Palm Road, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 560 Sabal Palm Road, 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 560 Sabal Palm Road, Miami, FL 33137 still available?
- 560 Sabal Palm Road, Miami, FL 33137 is currently listed as Sold, and has been on the market 55 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 560 Sabal Palm Road, Miami, FL 33137?
- With 20% down ($1,020,000) on the $5,100,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 560 Sabal Palm Road, Miami, FL 33137 is about $26,803/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 560 Sabal Palm Road, Miami, FL 33137?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 560 Sabal Palm Road, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 560 Sabal Palm Road, Miami, FL 33137 have an HOA fee?
- Yes: 560 Sabal Palm Road, Miami, FL 33137 carries an HOA fee of about $6,000 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 560 Sabal Palm Road, Miami, FL 33137?
- 560 Sabal Palm Road, 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 560 Sabal Palm Road, Miami, FL 33137?
- Often, yes. The right offer on 560 Sabal Palm Road, 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 Concept International Realty Inc
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 July 1, 2026.
$4,800,000
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Listed by Natalia Saldarriaga, Concept International Realty Inc
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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 $2,370 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$4,750,000
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
Sold$17,150,000
Sold · May 15, 2026
761 Buttonwood Lane
6 bed · 6.5 bath · 7,237 sqft · $2,370/sqft
$2,750,000 under the asking price
See every recorded sale in Bay Point or find out what your Bay Point home is worth.
