Basic Information

  • MLS # A12001145
  • Type Single Family Home
  • Subdivision/Complex Bay Point
  • Year Built 1953
  • Total Size 20,541 Sq.Ft / 0.47 Acre
  • Date Listed 04/14/2026
Description

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.

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool Yes
  • Parking Description Attached, Covered, Driveway, Garage, Garage Door Opener
  • Exterior Features Barbecue, Fence, Security High Impact Doors, Lighting, Outdoor Grill, Shed

Interior Features

  • Adjusted Sqft 2,837Sq.Ft
  • Interior Features Wet Bar, Bedroom On Main Level, Closet Cabinetry, First Floor Entry, Walk In Closets
  • Sqft 2,837Sq.Ft

Property Features

  • Aprox. Lot Size 20,541
  • Furnished Info No
  • Lot Description Quarter To Half Acre Lot, Sprinklers Automatic, Sprinkler System
  • Short Sale Regular Sale
  • HOA Fees $6,000
  • Subdivision Complex
  • Subdivision Info Bay Point
  • Tax Amount $19,817
  • Tax Year 2025

560 Sabal Palm Rd

Miami, FL 33137

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