ActiveMLS# 11575885890 days on market
$5,100,000
$1,798 / sq ft
560 Sabal Palm Rd
Miami, FL, 33137
4Bedrooms
3Bathrooms
2,837Sq Ft
1953Year Built
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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.

Key Features

  • 20,541 SquareFeet Lot
  • Built in 1953

Property Details

  • Type: Single Family Home
  • Year Built: 1953
  • Lot Size: 20,541 sq ft
  • Sq Ft: 2,837
  • Price / Sq Ft: $1,798
  • HOA: Contact Agent
  • Bedrooms: 4
  • Bathrooms: 3
  • Feature: 20,541 SquareFeet Lot
  • Feature: Built in 1953
  • Status: Active
  • MLS Number: 1157588589
  • Days on Market: 0
  • Listed By: MLS Listing
  • Zip Code: 33137
Listing information © 2026 Miami MLS. Information deemed reliable but not guaranteed. This listing is represented by TruDeals Realty at 0.5% seller commission. Buyer's agent commission is separate and negotiable.
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$5,100,000560 Sabal Palm Rd, Miami, FL
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