ParkingAttached, Covered, Driveway, Garage, Golf Cart Garage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden, Pool
MLS #A11617095
StatusActive
About 450 Sabal Palm Rd
Be the first to live in this stunning new construction home in prestigious Bay Point. Graciously configured, it features a living room with double-height ceilings, a family room, a den, and an office. With seven bedrooms, seven bathrooms, and two powder rooms, this home exudes luxury at its finest. With an abundance of natural light and an incredible floor plan, this home offers a modern tropical lifestyle. Step through the courtyard, and a spacious backyard oasis awaits. Additional features include a resort style pool, an outdoor covered summer kitchen, a two-car garage, a dedicated staff room, a laundry room, and a spacious pantry. Bay Point is a highly coveted private guard-gated community located minutes from the Miami Design District and numerous top-rated private schools.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 2023
Living Area: 6,600 SqFt
Listing Office:
Office Name: Douglas Elliman
Office Phone: (305) 695-6300
Listing Agent: Billy Hernandez
Interior Features
Interior Information:
Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
Flooring Type: Ceramic Tile
Interior: Built-in Features, Bedroom on Main Level, First Floor Entry, Kitchen Island, Pantry, Walk-In Closet(s), Atrium
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$37.9K
Per Month
Principal & Interest
$37.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$433
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$22.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Shadowlawn Elementary School
149 NW 49th St
Distance between this listing and this school0.81 miles
Public District Grades PK-5
7
/10
Toussaint L'Ouverture Elementary School
120 NE 59th St
Distance between this listing and this school1.10 miles
Public District Grades PK-5
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school1.13 miles
Public District Grades PK-5
Nearby Schools
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.17 miles
Public District Grades 6-8
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.45 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school1.94 miles
Public District Grades 6-8
Nearby Schools
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.21 miles
Public Magnet Grades 9-12
5
/10
Young Men's Preparatory Academy
3001 NW 2nd Ave
Distance between this listing and this school0.94 miles
Public Magnet Grades 6-12
7
/10
Miami Arts Charter
95 NW 23rd St
Distance between this listing and this school1.17 miles
The neighbors living near this home have an average income of $61,364. The majority of Miami, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 450 Sabal Palm Rd
What is the listing price of this property?
The listing price of 450 Sabal Palm Rd property is $7,499,900.
What type of property is this?
The property 450 Sabal Palm Rd is a house located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 450 Sabal Palm Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $21,263 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 450 Sabal Palm Rd has 7 bedrooms and 7 full and 2 half bathrooms.
What is the square footage of this property?
The property 450 Sabal Palm Rd is 6,600 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 450 Sabal Palm Rd is 2023.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 450 Sabal Palm Rd in Miami, FL and zip code 33137 in the Bay Point neighborhood. This 6,600 square foot home was built in 2023. Features: 7 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since August 07, 2024 and is currently priced at $7,499,900.
Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. The median list price of listings available in October 2024 was $560,436, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.