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 expand the existing mediterranean home. This South-East facing 23,100 SF trophy lot offers a protected harbor with 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.
Property Details
Property Features
Listing Office:
Office Name: Compass Florida, LLC.
Office Phone: (305) 978-0977
Listing Agent: Julianna Castro
Exterior Features
Exterior Information:
Waterfront: Bay Front, Ocean Access, Seawall
View: Bay, Ocean
Lot Features
Lot Information:
Lot Size: 0.53 Acres
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $14,900,000
Tax Information:
Annual Amount: $111,332
Tax Year: 2020
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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.
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 school0.93 miles
Public District Grades PK-5
7
/10
Toussaint L'Ouverture Elementary School
120 NE 59th St
Distance between this listing and this school1.13 miles
Public District Grades PK-5
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school1.27 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 school1.33 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 school1.61 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school2.09 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 school0.36 miles
Public Magnet Grades 9-12
5
/10
Young Men's Preparatory Academy
3001 NW 2nd Ave
Distance between this listing and this school1.08 miles
Public Magnet Grades 6-12
7
/10
Miami Arts Charter
95 NW 23rd St
Distance between this listing and this school1.27 miles
The neighbors living near this home have an average income of $61,364. The most common annual income of people living in Miami, FL is between $35k-100k. 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 586 Sabal Palm Rd
What is the listing price of this property?
The listing price of 586 Sabal Palm Rd property is $14,900,000.
What type of property is this?
The property 586 Sabal Palm Rd is land located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 586 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 $111,332 (source: MLS/based on county public records data).
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This home is located at 586 Sabal Palm Rd in Miami, FL and zip code 33137 in the Bay Point neighborhood. This home sits on a 0.53 acre lot. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $14,900,000.
In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. The number of listings in Miami, FL increased by 8.3% between September 2024 and October 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 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.
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