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Sold for $4,800,000
  • $4,800,000

    560 Sabal Palm Rd, Miami, FL 33137

    4beds
    2,837sqft
    Single Family Residence
    Built in 1953
    0.47 Acres Lot
    $4,796,300 Zestimate®
    $1,692/sqft
    $-- Estimated rent

    Home value

    $4,796,300

    $4.22M - $5.47M

    Not available

    Zestimate® history
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    What's special

    Pool with waterfallMarble finishesWet barMature tropical landscapingEntertainment areasOpen-concept media space
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalia Saldarriaga PA 305-303-1078,

    Concept International Realty Inc

    Bought with:

    Lorenz Boulos, 3335632

    Colfax Realty International Inc

    Source: MIAMI,MLS#: A12001145MLS LogoOriginating MLS: A-Miami Association of REALTORS

    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

    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
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden
    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, Well

    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: $1,692/sqft
    • Tax assessed value: $4,532,243
    • Annual tax amount: $19,817
    • Date on market: 4/14/2026
    • Listing terms: All Cash,Assumable,Conventional

    Price history

    DateEventPrice
    7/28/2026Sold$4,800,000-5.9%$1,692/sqft
    Source: MIAMI #A12001145 Report a problem
    4/14/2026Listed for sale$5,100,000-1.9%$1,798/sqft
    Source: MIAMI #A12001145 Report a problem
    3/21/2026Listing removed$5,200,000$1,833/sqft
    Source: MIAMI #A11882123 Report a problem
    1/12/2026Price change$5,200,000-5.5%$1,833/sqft
    Source: MIAMI #A11882123 Report a problem
    9/22/2025Listed for sale$5,500,000-1.8%$1,939/sqft
    Source: MIAMI #A11882123 Report a problem
    5/1/2025Listing removed$5,600,000$1,974/sqft
    Source: MIAMI #A11657564 Report a problem
    2/26/2025Price change$5,600,000-3.4%$1,974/sqft
    Source: MIAMI #A11657564 Report a problem
    1/7/2025Price change$5,800,000-2.5%$2,044/sqft
    Source: MIAMI #A11657564 Report a problem
    9/11/2024Listed for sale$5,950,000+715.1%$2,097/sqft
    Source: MIAMI #A11657564 Report a problem
    6/25/2010Sold$730,000-43.6%$257/sqft
    Source: Public Record Report a problem
    7/21/2008Listing removed$1,295,000$456/sqft
    Source: NCI #m1174352 Report a problem
    3/30/2008Listed for sale$1,295,000+465.5%$456/sqft
    Source: NCI #m1174352 Report a problem
    7/11/1995Sold$229,000+1.8%$81/sqft
    Source: Public Record Report a problem
    9/9/1993Sold$225,000$79/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,818 +2.7%$1,014,662 +2.9%
    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

    Neighborhood: Upper Eastside

    Nearby schools

    GreatSchools rating
    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.

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    Estimated market value
    $4,796,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,796,300