$850,000
Sold · October 10, 2025
5863 Paradise Point Drive
Palmetto Bay, FL 33157
PARADISE POINT 1ST AMENDM
Explore the area: Palmetto Bay homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $850,000
- Vs. list price
- 12.8% under
- Days on market
- 12
- Price per sq ft
- N/A
This 4-bedroom single-family home in ZIP 33157 sold for $850,000 on October 10, 2025. That was 12.8% below its final list price of $975,000. It spent 12 days on the market.
Listing Snapshot
- Sold Price
- $850,000
- Sold On
- October 10, 2025
- Days on Site
- 12 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Lot Size
- 0.17 Acres
- Year Built
- 2025
- Property Type
- Single Family
- MLS #
- A11882254
- Property Tax
- $13,997 (2024)
- HOA Fees
- $2,645 / Quarterly
- Subdivision
- PARADISE POINT 1ST AMENDM
- County
- Miami Dade
- Status
- Sold
About This Property
Discover the last remaining bayfront vacant lot in the highly sought-after Exclusive Paradise Point. Imagine waking up to endless water views in a community that truly defines resort-style living. Located within the prestigious Royal Harbour Yacht Club, residents enjoy 24-hour security, a clubhouse, two tennis courts, pickleball court, heated pool and spa, fitness center, and even a private beach with volleyball court. For nature lovers, there’s a serene walking path leading to the bay, while boating enthusiasts will appreciate the full-service marina right at your doorstep. This is more than just a lot—it’s the foundation for your future waterfront lifestyle. Build the custom home you’ve always envisioned in one of South Florida’s most desirable gated enclaves. Motivated Seller!
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 3
- Levels
- Three Or More
- Garage Spaces
- 3
- Parking
- Driveway
- Direction Faces
- South
- Lot Size (Acres)
- 0.17
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0102
Interior Features
- Cooling
- Other
- Heating
- Other
- Flooring
- Other
- Interior Features
- None
Exterior Features
- Construction
- Block
- Roof
- Other
- Exterior Features
- None
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Bayfront / Other
- Frontage
- Waterfront
- Frontage Length
- 40.00 ft
- View
- Bay / Garden
Community & HOA
- HOA Fee
- $2,645 / Quarterly
- Association Amenities
- Boating / Clubhouse / Fitness Center / Gated / Management / Maintenance / Picnic Area / Pool / Spa Hot Tub / Security / Tennis Courts
- Community Features
- Home Owners Association / Boat Facilities / Property Manager On Site / Street Lights
- Security
- Security Guard
- Financing Terms
- Cash / Conventional
- Restrictions
- See Remarks
- MLS Area
- 2500
Schools
- Elementary School
- Coral Reef (Miami-Dade)
- Middle School
- Southwood
- High School
- Miami Palmetto
About the Area
Browse Palmetto Bay homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Palmetto Bay includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Palmetto Bay listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 145
- Median List Price
- $1,495,000
- Median $/Sq Ft
- $554
- Avg Days on Market
- 103
Frequently Asked Questions
- How do I schedule a tour of 5863 Paradise Point Drive, Palmetto Bay, FL 33157?
- Use the Tour button on this listing to request a showing of 5863 Paradise Point Drive, Palmetto Bay, FL 33157. 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 5863 Paradise Point Drive, Palmetto Bay, FL 33157 still available?
- 5863 Paradise Point Drive, Palmetto Bay, FL 33157 is currently listed as Sold, and has been on the market 12 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 5863 Paradise Point Drive, Palmetto Bay, FL 33157?
- With 20% down ($195,000) on the $975,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5863 Paradise Point Drive, Palmetto Bay, FL 33157 is about $5,124/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 5863 Paradise Point Drive, Palmetto Bay, FL 33157?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5863 Paradise Point Drive, Palmetto Bay, FL 33157. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5863 Paradise Point Drive, Palmetto Bay, FL 33157 have an HOA fee?
- Yes: 5863 Paradise Point Drive, Palmetto Bay, FL 33157 carries an HOA fee of about $2,645 quarterly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5863 Paradise Point Drive, Palmetto Bay, FL 33157?
- 5863 Paradise Point Drive, Palmetto Bay, FL 33157 is zoned for Coral Reef (Miami-Dade) (elementary), Southwood (middle), Miami Palmetto (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 5863 Paradise Point Drive, Palmetto Bay, FL 33157?
- Often, yes. The right offer on 5863 Paradise Point Drive, Palmetto Bay, FL 33157 depends on how it's priced against comparable single family sales in Palmetto Bay, 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 Bestway Realty Sales, LLC
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.
$850,000
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Listed by Maggie Salas, Bestway Realty Sales, LLC
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Recent Sales
Recently sold homes in ZIP 33157
These are the last 6 recorded closings in ZIP 33157, with the price each home actually sold for rather than what it was listed at. They closed at a median of $375 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$625,000
Sold · September 29, 2026
10455 SW 200th Street
3 bed · 2 bath · 1,666 sqft · $375/sqft
$12,000 under the asking price
Sold$560,000
Sold · September 29, 2026
9500 Cutler Ridge Drive
3 bed · 2 bath · 1,944 sqft · $288/sqft
$10,000 over the asking price
Sold$667,000
Sold · September 25, 2026
17850 SW 112th Avenue
4 bed · 3 bath · 1,695 sqft · $394/sqft
$12,900 under the asking price
Sold$265,000
Sold · September 25, 2026
10351 SW 183rd Street
2 bed · 1 bath · 720 sqft · $368/sqft
$34,999 under the asking price
Sold$1,880,000
Sold · September 25, 2026
16615 SW 82nd Court
5 bed · 4 bath · 3,276 sqft · $574/sqft
$90,000 under the asking price
Sold$515,000
Sold · September 25, 2026
15244 SW 108th Court
4 bed · 2 bath · 1,956 sqft · $263/sqft
$10,000 over the asking price
See every recorded sale in ZIP 33157 or find out what your ZIP 33157 home is worth.
