Home
4
Beds
3
Baths
2,837
SQUARE FEET
Single Family Residence
Type
1953
Built
$6,000
HOA / mo
Listing courtesy of
Concept International Realty Inc
Natalia Saldarriaga
MLS® #A12001145
Listing information last updated June 9, 2026
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Overview
This single family residence in Design District has 4 bedrooms and 3 bathrooms across 2,837 square feet, and is listed for sale at $5,100,000 (about $1,798 per square foot). Built in 1953.
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.
Listing history
Listed for sale
Apr 14, 2026 · MIAMI MLS
$5,100,000
Days on market
as of today
98 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$6,000 / mo · $6,000 annually
Annual property tax (2025)
$19,817
Association type
Homeowners
Pets
Allowed (verify restrictions)
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Features & amenities
Location
560 Sabal Palm Rd, Miami FL 33137
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 98 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.