586 Sabal Palm Road

Miami, FL 33137

$14,900,000
Price
23,100 / 0.53
Lot Size / Acres

Description

ONE-OF-A KIND PRIME HALF ACRE ESTATE WITH 121 FEET OF BAY-FRONT & UNOBSTRUCTED SKYLINE VIEWS LOCATED IN SOUGHT AFTER BAY POINT GATED COMMUNITY. Build your dream home (up to 13,500 SF) or remodel & expand the existing mediterranean home. This South-East facing 23,100 SF trophy lot offers dream water and Miami skyline views from all property angles, plus uninterrupted year-long coastal breeze. The substantially renovated 7 bed 6.5 bath current home may be rented or occupied during the design phase...ONE-OF-A KIND PRIME HALF ACRE ESTATE WITH 121 FEET OF BAY-FRONT & UNOBSTRUCTED SKYLINE VIEWS LOCATED IN SOUGHT AFTER BAY POINT GATED COMMUNITY. Build your dream home (up to 13,500 SF) or remodel & expand the existing mediterranean home. This South-East facing 23,100 SF trophy lot offers dream water and Miami skyline views from all property angles, plus uninterrupted year-long coastal breeze. The substantially renovated 7 bed 6.5 bath current home may be rented or occupied during the design phase (6,000 sf under A/C, 3+ car garage). This exclusive coveted community offers private roads patrolled by 3 security guards24/7. Perfect for families looking to be close to the best private schools in Miami, the Beach, Design District,Midtown, Wynwood, Museums and Art's District.

Listing Agent

  1. Julianna Castro

    Julianna Castro

    Listing Agent

    Compass

Property Details for 586 Sabal Palm Road

Subdivision
BAY POINT
Waterfront
Yes
Waterfront Description
Bay Front, Ocean Access, Seawall
Area
32
Auction
No
LISTING UPDATED: 12/07/2024 04:00 PM

Property Details for 586 Sabal Palm Road

StatusActive
MLS #A11691757
Days on Market35
Taxes$180,613 / year
HOA Fees-
Condo/Co-op Fees$7,000 / year
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.53 AC
CountyMiami-Dade County

Building Information for 586 Sabal Palm Road

Building Size-Lot Size0.53 AC

Property Information for 586 Sabal Palm Road

Location Information
Location Information
  • Parcel Number Free Text: 01-32-19-008-0470
  • Parcel Number MLX: 0470
  • MLS Area: 32
  • Municipal Code: 1
  • Township Range: 32
  • Section: 19
  • Subdivision Number: 8
  • Subdivision Complex Bldg: BAY POINT
  • Zoning Information: 0100
General Information
General Information
  • Usage Description: Recreation
  • Front Exposure: South
  • Num Parcels: 1
  • Total Acreage: 1
  • Approximate Lot Size: 23100
  • Property Sq Ft: 23100
  • Building Includes: Livable, Well Kept
  • Development: Other Development Incl, Recorded Plat
  • Location: City Location, Near Airport, Near School
  • Surface Description: Paved Road
  • Road Description: Legal Access Road, Paved Road, Private Road
  • Type of Trees: Other Trees, Partial Tree Coverage
  • Lot Description: 1/2 To Less Than 3/4 Acre Lot
  • Waterfront Frontage: 121
  • Water Access: Boatlock, Deeded Dock, Dock Available, Private Dock
  • Water View: Bay View, Direct Ocean
  • Boat Access: Private Dock
  • Boat Services: Private Dock
  • Directions: Gate located on Biscayne Blvd and 54th Street. Private community. Confirmed appointment is required for gate access. ADVERTISING, BLOGGING AND POSTING ON SOCIAL MEDIA AND YOUTUBE ABOUT THIS PROPERTY IS PROHIBITED.
Additional Property Information
Utilities
  • Utilities Available: Cable Tv, Electric, Gas, Phone Line, Sewer, Trash Removal, Underground Utilities, Water
  • On Site Utilities: Cable Tv, Electric, Gas, Phone Line, Sewer, Underground Utilities, Water
  • Water Description: Municipal Water
  • Sewer Description: Municipal Sewer
Additional Property Information
  • Guest Accommodations: No
  • Subdivision Information: Gated Community
  • Miscellaneous Improvements: Fenced, Street Lights
  • Storm Protection: Clear Impact Glass, Complete Impact Glass
Financial Information
Financial Information
  • Maintenance Charge Month: $7,000
  • Flood Zone: AE,VE
  • Tax Year: 2024
  • Special Assessment: No

Property History for 586 Sabal Palm Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 586 Sabal Palm Road

Taxable ValueLand$7,623,000Additions$1,092,760Total$8,715,760
Tax Record2023$142,459 ($11,872 / month)
Home Facts
Beds5Total Finished SqFt5,964 SqFtAbove Grade Finished SqFt5,964 SqFtStories2Lot Size23,100 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated2003Zoning0100:SINGLE FCountyMIAMI-DADEAPN01-3219-008-0470

Schools near 586 Sabal Palm Road

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Morningside K-8 Academy
PublicPK to 8

Horace Mann Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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586 Sabal Palm Road is a 0.53 ac of land for sale in Miami, FL 33137. This property was listed for sale on November 12, 2024 by Compass, it's currently listed at $14,900,000. It has been on the market for a total of 35 days and was last sold on February 16, 2016. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Air Base K-8 Center for International Education, Morningside K-8 Academy and Horace Mann Middle School. 586 Sabal Palm Road is a 0-bed, 0-bath, 0.53 ac of land on a 23,100 sq. ft. / 0.53 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.