DEVELOPER OPPORTUNITY in BAY POINT. This 20,541 sqft lot is situated in Miami’s most desirable gated community, offering 24/7 private security. The property enjoys a prime location convenient to the airport, beaches, Downtown, the Design District, and Midtown. It presents excellent potential for new construction, expansion, or investment.
For sale
Price cut: $300K (1/12)
$5,200,000
560 Sabal Palm Rd, Miami, FL 33137
4beds
2,837sqft
Est.:
Single Family Residence
Built in 1953
0.47 Acres Lot
$4,679,100 Zestimate®
$1,833/sqft
$500/mo HOA
What's special
Mature palm treesGranite wet barHuge lotQuartz countertopsOpen tv roomPro bbqModern kitchen
- 158 days |
- 418 |
- 6 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: January 12, 2026 at 09:17am
Listed by:
Natalia Saldarriaga PA 305-303-1078,
Concept International Realty Inc
Source: MIAMI,MLS#: A11882123
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den/Library/Office
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Oven, Washer
Features
- Closet Cabinetry, Walk-In Closet(s), Wet Bar
- Flooring: Marble
- Doors: High Impact Doors
- Windows: High Impact Windows
Interior area
- Total structure area: 3,167
- Total interior livable area: 2,837 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Driveway, Garage Door Opener
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 1
- Entry location: First Floor Entry
- Exterior features: Barbecue, Built-in Barbecue, Lighting
- Has private pool: Yes
- Pool features: In Ground, Fenced, Concrete, Equipment Stays, Pool Only
- Has view: Yes
- View description: Garden, Other
Lot
- Size: 0.47 Acres
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Additional structures: Extra Building/Shed
- Parcel number: 0132190080440
- Zoning: 0100
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete Block Construction
- Roof: Barrel Roof
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Features: Tennis Court(s), Maintained Community
- Security: Fire Alarm, Smoke Detector
- Subdivision: Bay Point
HOA
- Has HOA: Yes
- HOA fee: $6,000 annually
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,833/sqft
- Tax assessed value: $4,125,091
- Annual tax amount: $19,298
- Date on market: 9/20/2025
- Listing terms: All Cash,Conventional
Estimated market value
$4,679,100
$4.45M - $4.91M
$8,036/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Price change | $5,200,000-5.5%$1,833/sqft |
Source:  MIAMI #A11882123 Report a problem | ||
| 9/22/2025 | Listed for sale | $5,500,000-1.8%$1,939/sqft |
Source: MIAMI #A11882123 Report a problem | ||
| 5/1/2025 | Listing removed | $5,600,000$1,974/sqft |
Source: MIAMI #A11657564 Report a problem | ||
| 2/26/2025 | Price change | $5,600,000-3.4%$1,974/sqft |
Source: MIAMI #A11657564 Report a problem | ||
| 1/7/2025 | Price change | $5,800,000-2.5%$2,044/sqft |
Source: MIAMI #A11657564 Report a problem | ||
| 9/11/2024 | Listed for sale | $5,950,000+715.1%$2,097/sqft |
Source: MIAMI #A11657564 Report a problem | ||
| 6/25/2010 | Sold | $730,000-43.6%$257/sqft |
Source: Public Record Report a problem | ||
| 7/21/2008 | Listing removed | $1,295,000$456/sqft |
Source: NCI #m1174352 Report a problem | ||
| 3/30/2008 | Listed for sale | $1,295,000+465.5%$456/sqft |
Source: NCI #m1174352 Report a problem | ||
| 7/11/1995 | Sold | $229,000+1.8%$81/sqft |
Source: Public Record Report a problem | ||
| 9/9/1993 | Sold | $225,000$79/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $19,297 +0.5% | $986,067 +3% |
| 2023 | $19,199 +2.8% | $957,347 +3% |
| 2022 | $18,675 +4.3% | $929,464 +7.3% |
| 2021 | $17,897 +1.2% | $866,210 +1.4% |
| 2020 | $17,687 +2.1% | $854,251 +2.3% |
| 2019 | $17,317 +3.9% | $835,045 +1.9% |
| 2018 | $16,665 | $819,475 +10.4% |
| 2017 | $16,665 +9.4% | $742,612 +2.1% |
| 2016 | $15,227 -1.9% | $727,338 +0.7% |
| 2015 | $15,519 -1.1% | $722,283 +0.8% |
| 2014 | $15,696 +3.7% | $716,551 +1.5% |
| 2013 | $15,134 0% | $705,962 +1.7% |
| 2012 | $15,134 +4.8% | $694,162 +5.3% |
| 2011 | $14,438 +164.9% | $659,242 +162.7% |
| 2010 | $5,450 +8.3% | $250,925 +2.7% |
| 2009 | $5,033 +0.2% | $244,329 +15.3% |
| 2007 | $5,021 -7.9% | $211,976 |
| 2006 | $5,452 | -- |
| 2005 | $5,452 +0.1% | -- |
| 2004 | $5,448 +2.5% | -- |
| 2003 | $5,317 +2.9% | -- |
| 2002 | $5,167 | -- |
| 2001 | $5,167 | -- |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$34,044/mo
Principal & interest
$25571
Property taxes
$7973
HOA Fees
$500
Climate risks
Neighborhood: Upper Eastside
Nearby schools
GreatSchools rating
- 9/10Morningside K-8 AcademyGrades: PK-8Distance: 1.6 mi
- 3/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 2.3 mi
- 5/10Horace Mann Middle SchoolGrades: 6-8Distance: 3.1 mi
Schools provided by the listing agent
- Middle: Horace Mann
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 33137
