Waterfront
Address
640 Sabal Palm Rd, Miami, FL
Price
$ 18,000,000
Property Attributes
  • MLS#A11473549
  • TypeLand
  • CountyMIAMI-DADE
  • CityMiami
  • Area32
  • NeighborhoodBAY POINT
  • Zip33137
  • StyleResidential
  • Taxes$ 112531
  • Price$ 18,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.5 Acres
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

Waterfront development opportunity! One-of-a-kind offering in the coveted and exclusive gated community of Bay Point. SE facing TROPHY property on 100' of unobstructed wide bayfront, with deep water dockage and 360-degree panoramic views of the Miami skyline. Existing structure/home can be torn down for customization of a grand and exquisite new masterpiece.

Price History
10/26/2023 Listed $21,000,000
1/10/2024 15% - $18,000,000

General Features

Possession ClosingFunding,CloseOfEscrow
Development Status SitePlanFiled
Property SubType Residential
Tax Year 2022
Waterfront Features BayFront,NavigableWater,OceanAccess,Seawall
County Miami-Dade County
New Construction No
Property Type Land
HOA / Comm Assn No
Attached Garage No
Subdivision Name BAY POINT
Facing Direction South
Garage Y/N No
Building Features Other
Status Active
Directions Private gated community. Picture ID required for access.
City Miami
Buyer Agent Compensation 3.00%
View Y/N No
Senior Community Y/N No
Zoning Description 0100
MLS Area 32
Lot Size Square Feet 21500.0
Private Pool No
Waterfront Y/N Yes
Carport Y/N No
Street Name Sabal Palm Rd
Listing Terms Cash
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 112531.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Virtual Tour https://youtu.be/Y_FJgnTdLrg
Days on Market 186
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional Residential
MobileHomeRemainsYN No
PostalCity Miami
Legal Description BAY POINT PB 40-63 LOT 16 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 100.000 X 215 OR 18291-3609 0898 1 COC

Interior Features

Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Fireplace Y/N No
Electric On Property Y/N No

Exterior Features

Lot Size Area 21500.0
Spa No
Lot Size Acres 0.5
Road Surface Type Paved
Frontage Length 100
Lot Size Units SquareFeet
Covered Spaces 0.0
Number of Lots 1
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 33137

Price
AVG $3.93M
$18M
Taxes
AVG $29,618
$112,531
Visits
AVG 156
279
Data Provided by Inside Real Estate®
Walkscore
AVG 79
45
Data Provided by Walkscore® not using MLS data

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