3 months on rocket

560 Sabal Palm Rd, Miami, FL, 33137

$5,950,000

4 Bedrooms
4 Full Baths
2,837 SqFt
$2,097/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway, Garage Door Opener
Garage1 space
Year Built1953
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden
MLS #A11657564
StatusActive

About 560 Sabal Palm Rd

STUNNING 4 BEDS / 4 BATHS (3,167 sqft total) modern home nestled on a vast lot (20,541 sqft) in Miami’s most exclusive gated community of BAY POINT. 24/7 private security. BEST LOCATION in Miami, just minutes away from the airport, beaches, Downtown, Design District and Midtown. Modern kitchen with quartz countertops, butler’s room, and first-class stainless-steel appliances. 4 marble baths with glass enclosures. Open TV room with cherry paneling.The property boasts idyllic tropical landscaping on nearly half an acre lot, perfect for outdoor entertaining. Large illuminated pool with waterfall, granite wet bar with pro BBQ, mature palm trees, and lush landscape that creates a stunning ambiance both by day and night.This one-story home offers endless possibilities for expansion/ investment.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1953
  • Stories: 1
  • Living Area: 2,837 SqFt

Listing Office:

  • Office Name: Concept International Realty Inc
  • Office Phone: (786) 329-5690
  • Listing Agent: Natalia Saldarriaga PA

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Marble
  • Interior: Wet Bar, Bedroom on Main Level, Closet Cabinetry, First Floor Entry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Barbecue, Fence, Security/High Impact Doors, Lighting, Outdoor Grill, Shed

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, Driveway, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 560 Sabal Palm Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,950,000
  • Price Per SqFt: $2,097/SqFt

HOA Fees:

  • Amount: $6000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $17,687
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$565.6K

Med. Price/SqFt

$391

Avg. Days On Market

60

# of Sold Homes

595

560 Sabal Palm Rd vs Miami

107 DAYS ON ROCKET

+47 Days

$5,950,000

+$5.3M More

$2,097/SqFt

+$1.7K More

KEY TAKEAWAY

This property is $5.3M more than the Median Sold Price and $1.7K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11657564

Listing Office:

  • Office Name: Concept International Realty Inc
  • Office Phone: (786) 329-5690
  • Listing Agent: Natalia Saldarriaga PA

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/28/2024, 5:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$17,687$854,251
2018$16,665$819,475
2017$15,227$742,612

History based on county public records data.

Payment Calculator

$30.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$17.9K

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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.

Nearby Schools

school-card-donut-1866582
7
/10
  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 0.90 miles

  • Public District Grades PK-5

school-card-donut-1866583
7
/10
  • Toussaint L'Ouverture Elementary School

  • 120 NE 59th St

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-1866584
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 1.22 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 560 Sabal Palm Rd

What is the listing price of this property?

The listing price of 560 Sabal Palm Rd property is $5,950,000.

What type of property is this?

The property 560 Sabal Palm Rd is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 560 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 $17,687 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 560 Sabal Palm Rd has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 560 Sabal Palm Rd is 2,837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 560 Sabal Palm Rd is 1953.
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Rocket HomesFloridaMiami-Dade CountyMiami33137560 Sabal Palm Rd

This home is located at 560 Sabal Palm Rd in Miami, FL and zip code 33137 in the Bay Point neighborhood. This 2,837 square foot home was built in 1953. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $5,950,000.

While more than 38 listings in Miami, FL in November 2024 were sold above asking price, there were more than 112 listings sold at asking price, and more than 445 were sold below. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.

From Rocket Homes Real Estate and based on county public records data.

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