560 Sabal Palm Rd, Miami FL 33137, Miami
$5,100,000
Miami, FL, 33137












Property details
- Bedrooms
- 4
- Bathrooms
- 3
- Living area
- 2,837 sqft
- Year built
- 1953
- Type
- Single Family Residence
- Association fee
- $6,000 / annually
- Days on market
- 56
- MLS #
- A12001145
Listing courtesy of Concept International Realty Inc · 786-329-5690. Listing agent: Natalia Saldarriaga. MLS data last updated 2026-06-09.
Description
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.
560 Sabal Palm Rd, Miami FL 33137, Miami — for sale, listed for $5,100,000 (4 bed, 3 bath, 2,837 sqft).
$1,798/sqft · 87% percentile · based on 57 4-bed listings for sale in 33137 (median $1,189/sqft).
Time on market
This listing has been on the market 56 days; the median across 61 4-bed listings for sale in 33137 is 100 days.
n=61 · 2026-07-25 · Methodology
Priced like this listing
The 4 active listings closest in price within the same market segment:
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Local market report
Asking price vs the market
Compared with the other 57 4-bed listings for sale in 33137, this home asks $1,798/sqft — the group median is $1,189/sqft.
That places it above the market midpoint (87% percentile).
n=57 · 2026-07-25 · Methodology
Asking price vs segment median
$5,100,000 asks 46.8% above the $3,475,000 median across 61 4-bed listings for sale in ZIP 33137.
n=61 · 2026-07-25 · Methodology
Browse this price segment
n=427 · 2026-07-25 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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