Sold for $7,100,000

$7,100,000

12575 Palm Rd, North Miami, FL 33181

7beds

6,530sqft

Single Family Residence

Built in 2024

8,940 Square Feet Lot

$7,188,200 Zestimate^®

$1,087/sqft

$7,086 Estimated rent

Home value

$7,188,200

$6.33M - $8.27M

$7,086/mo

Zestimate^® history

Owner options

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$7,086/mo

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$7,086/mo

Rent Zestimate^®

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$48,975/mo

Est. payment

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$48,975/mo

Est. payment

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What's special

Summer kitchenModern floating staircaseFamily roomExtravagant master suiteLuxe travertine bathCustom wood-paneled wallsWall-to-wall-glass windows

Sophisticated contemporary waterfront in exclusive and guard-gated Keystone Point! This brand-new, 6,530-SF home has a large dock with 75-FT of protected waterfrontage - ideal for boaters! Inside, expansive open concept living areas with soaring 12-FT ceilings, gourmet kitchen with marble counters and wine fridge, custom wood-paneled walls, modern floating staircase, and wall-to-wall-glass windows allowing natural sunlight and backyard views! Upstairs, family room, beautiful oak floors, and extravagant master suite with a wet bar, 2 walk-in closets, luxe travertine bath, and large terrace with sparkling water views. Backyard features summer kitchen, pool, covered dining/lounging areas, and privacy landscape! Complete with 2-car garage and located minutes to Bal Harbour Shops.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 7
Full bathrooms: 6
1/2 bathrooms: 1

Rooms

Room types: Great Room

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Gas Range, Refrigerator, Oven, Washer
Laundry: Laundry Room

Features

Bar, Kitchen Island, Custom Mirrors, Pantry, Volume Ceilings, Walk-In Closet(s)
Flooring: Tile, Wood
Doors: High Impact Doors
Windows: High Impact Windows
Has fireplace: Yes

Interior area

Total interior livable area: 6,530 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Exterior features: Lighting
Has private pool: Yes
Pool features: Heated
Has view: Yes
View description: Intracoastal View
Has water view: Yes
Water view: Intracoastal View
Waterfront features: Ocean Access, Intracoastal Front, WF/Pool/Ocean Access
Frontage length: 75

Lot

Size: 8,940 Square Feet
Dimensions: 74.5 x 120
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0622280100600
Zoning: 0900

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

CBS Construction
Roof: Metal

Condition

New Construction
New construction: Yes
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: Boating, Gated
Subdivision: Keystone Point Sec 3

HOA

Has HOA: Yes

Location

Region: North Miami

Financial & listing details

Price per square foot: $1,087/sqft
Tax assessed value: $4,096,687
Annual tax amount: $30,407
Date on market: 1/6/2025
Listing terms: All Cash

Price history

Date	Event	Price
7/18/2025	Sold	$7,100,000-5.2%$1,087/sqft
Source: MIAMI #A11717388 Report a problem
7/17/2025	Pending sale	$7,490,000$1,147/sqft
Source: MIAMI #A11717388 Report a problem
4/1/2025	Price change	$7,490,000-6.3%$1,147/sqft
Source: MIAMI #A11717388 Report a problem
1/6/2025	Listed for sale	$7,990,000$1,224/sqft
Source: MIAMI #A11717388 Report a problem
1/4/2025	Listing removed	$7,990,000$1,224/sqft
Source: Douglas Elliman #A11567080 Report a problem
10/21/2024	Price change	$7,990,000-3.6%$1,224/sqft
Source: MIAMI #A11567080 Report a problem
5/10/2024	Price change	$8,290,000-7.9%$1,270/sqft
Source: MIAMI #A11567080 Report a problem
4/11/2024	Listed for sale	$8,999,000+400.2%$1,378/sqft
Source: MIAMI #A11567080 Report a problem
3/9/2022	Sold	$1,799,000$275/sqft
Source: MIAMI #A11144574 Report a problem
2/18/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
2/16/2022	Listed for rent	$8,500$1/sqft
Source: Zillow Rental Network_1 Report a problem
2/4/2022	Pending sale	$1,799,000$275/sqft
Source: MIAMI #A11144574 Report a problem
1/10/2022	Listed for sale	$1,799,000+5.9%$275/sqft
Source: MIAMI #A11144574 Report a problem
12/28/2021	Listing removed	--
Source: MIAMI #A11113096 Report a problem
10/19/2021	Listed for sale	$1,699,000+51%$260/sqft
Source: MIAMI #A11113096 Report a problem
7/9/2021	Sold	$1,125,000$172/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$90,755 +198.5%	$4,028,269 +203.4%
2024	$30,407 +7.6%	$1,327,566 +8.2%
2023	$28,269 +34.4%	$1,227,200 +36%
2022	$21,031 +135.6%	$902,563 +130.9%
2021	$8,926 +8.3%	$390,890 +8.5%
2020	$8,242 +2.1%	$360,196 +2.3%
2019	$8,071 +3.7%	$352,098 +1.9%
2018	$7,780	$345,533 +2.1%
2017	$7,780 +0.7%	$338,427 +2.1%
2016	$7,727 +1.5%	$331,467 +0.7%
2015	$7,616 -0.7%	$329,163 +0.8%
2014	$7,671 +3.1%	$326,551 +1.5%
2013	$7,436	$321,726 +1.7%
2012	$7,436 +1.9%	$316,349 +3%
2011	$7,297 -13.8%	$307,135 -9.7%
2010	$8,469 -31.4%	$340,223 -30.4%
2009	$12,354 +3.1%	$488,768 -8.7%
2007	$11,984 +158.7%	$535,274
2006	$4,633	--
2005	$4,633 +2%	--
2004	$4,543 +4.3%	--
2003	$4,357 +6.1%	--
2002	$4,105	--
2001	$4,105	--