640 Sabal Palm Road, Miami, FL 33137 (MLS# A11598803)

640 Sabal Palm Road, Miami, FL 33137

$12,500,000

Virtual Tour

https://www.dropbox.com/scl/fi/ivt1119qgc82pwsvja4x4/640-Sabal-Palm-Rd-Miami-FL-33137-UNBRANDED-NEW.mp4?rlkey=kp4nk6uvg6lcd2gv3g1j4nwo9&st=2c3pby0c&dl=0

Property Type: Residential Bedrooms: 8 Baths: 7 Square Footage: 9,638 Status: Closed

Current Price: $12,500,000 List Date: 6/02/2024 Last Modified: 12/21/2025

Overview

Description

Development opportunity sold "as-is" land value. One-of-a-kind offering in the coveted 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. Build your masterpiece in the most exclusive neighborhood in Miami just steps away from the beach, city, dining and shopping.

Supplements: For the most discerning buyers, Bay Point is a private gated community that own's their roads and is steeped in rich history.

Listing Details MLS# A11598803

General Property Information

Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: Yes
Building Area Main: 9638
Living Area Main: 7784
Adjusted Area Main: 7735
Year Built: 1987
Garage YN: Yes
Attached Garage YN: Yes
Garage Spaces: 4
Covered Spaces: 4
Lot Size Area: 21500
Lot Size Acres: 0.49
Senior Community YN: Yes
Waterfront YN: Yes
Water Frontage Feet: 100
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: West
Pool Private YN: Yes
Furnished: Unfurnished

Property Features

Application Information: Association Approval Required Exterior Features: Lighting Flooring: Marble Parking Features: Driveway; Golf Cart Garage; Guest; Attached; Attached Garage; Garage Property Condition: Resale Appliances: Dishwasher; Dryer; Electric Range; Refrigerator Architectural Style: Other Boat and Dock Features: Private Dock Construction Materials: Block; CBS Cooling: Central Air; Electric Association Type: Homeowner Association Heating: Central; Electric Interior Features: French Doors; Walk-In Closet(s) Levels: Two Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: Child Gate; Free Form; Gunite; In Ground Possession: Close Of Escrow; Negotiable Road Frontage Type: East of US-1 Roof: Spanish Tile; Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Water Access: No Fixed Bridge; Ocean Access; Other Water Source: Public Water View: Bay; Intracoastal Waterfront Features: Bayfront; Intracoastal; Navigable Water Showing Requirements: 24 Hour Notice; Appointment Only Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: None Room Types: Den; Family Room; Great Room; Maid/In-Law Quarters Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 15500000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 640
Street Name: Sabal Palm
Street Suffix: Road
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33137
Postal Code +4: 3354
Postal Zip: 33137
Subdivision Name: BAY POINT
Area: 2320
Elementary School: Morningside K-8 Academy (Miami-Dade)
Middle Or Junior School: Horace Mann
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0132190080540
Subdivision Number: 8
Zoning: 0100
Flood Zone: AE,VE
Directions: Private gated community. Picture ID required at front gate.

Financial Information

Association YN: Yes
Association Fee: 6588
Association Fee Frequency: Annually
Association Membership: Mandatory
Estimated Monthly Assoc Recurring Fee: 549
Membership Fee Required YN: No
Tax Annual Amount: 112531
Tax Year: 2022
Tax 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

Status Change Information

Major Change Timestamp: 2024-10-17T09:05:47Z
Major Change Type: Status Change
Price Change Timestamp: 2024-05-31T23:55:03Z
Status Change Date: 2024-10-18
Under Contract Date: 2024-09-04
Close Date: 2024-10-17
Close Price: 12500000
Buyer Financing: Seller Financing

More Information

Entry Information

Entry Level: Yes

Boat and Dock Information

Dock: Yes

Pool Size Details

Pool Size (WxL): 30x40

Buyer Details

Intended Use: Investment
Buyer State: Florida
Zip Code: 33138

Concessions

Seller Concessions: No

Price Calculations

Current Price To SqFt: 1605.86

Section Details

Parcel Number MLX: 0540

Originating Details

Originating System Key: 396600262
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

Association Approval Required: Yes

Exterior Features

Lighting: Yes

Flooring

Marble: Yes

Parking Features

Driveway: Yes
Guest: Yes
Golf Cart Garage: Yes
Attached: Yes
Attached Garage: Yes
Garage: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Electric: Yes

Water Access

No Fixed Bridge: Yes
Ocean Access: Yes
Other: Yes

Water View

Bay: Yes
Intracoastal: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Refrigerator: Yes

Construction Materials

Block: Yes
CBS: Yes

Interior Features

French Doors: Yes
Walk-In Closet(s): Yes

Levels

Two: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Child Gate: Yes
Free Form: Yes
Gunite: Yes
In Ground: Yes

Road Frontage Type

East of US-1: Yes

Roof

Spanish Tile: Yes
Other: Yes

Water Source

Public: Yes

Waterfront Features

Bayfront: Yes
Intracoastal: Yes
Navigable Water: Yes

Architectural Style

Other: Yes

Boat and Dock Features

Private Dock: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Master Bedroom/Bath

Master Bdrm - Ground: Yes
Master Bdrm - Sitting: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

No Restrictions: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Contingencies

None: Yes

Room Types

Den: Yes
Family Room: Yes
Great Room: Yes
Maid/In-Law Quarters: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Room Information

Room Name
Den
Family Room
Great Room
Maid/In-Law Quarters

Listing Office: BrokerNation Real Estate

Last Updated: December - 21 - 2025

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640 Sabal Palm Road, Miami, FL 33137 (MLS# A11598803)