$12,500,000
Miami, FL 33137
MLS# A11598534
Status: Closed
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Property Description
Waterfront development opportunity! Offered "as-is" land value. 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. Build your masterpiece in the most exclusive gated community in Miami!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2024-06-02
Status: Closed
Original List Price: 15500000
Sold Price: $12,500,000
Current Price: $12,500,000
LP/Acre: 31000000
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: 1
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
Parcel Number: 0132190080540
Subdivision Number: 8
Zoning: 0100
Flood Zone: AE,VE
Directions: Private gated community. Picture ID required for access.
General Property Information
Property Sub Type: Unimproved Land
Number Of Lots: 1
Lot Size Acres: 0.5
Lot Size Square Feet: 21500
Lot Size Dimensions: 21500
Waterfront YN: 1
Water Frontage Feet: 100
Direction Faces: South
LP/SqFt: 720.93
Status Change Information
Major Change Timestamp: 2024-10-17T07:41:11Z
Major Change Type: Status Change
Status Change Date: 2024-10-18
Under Contract Date: 2024-09-04
Close Date: 2024-10-17
Close Price: 12500000
Buyer Financing: Seller Financing
SP/Acre: 25000000
Boat and Dock Information
Dock: Yes
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33138
Concessions
Seller Concessions: No
Section Details
Parcel Number MLX: 0540
Financial Information
Association YN: 1
Tax Year: 2022
Tax Annual Amount: 112531
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
Originating Details
Originating System Key: 396580646
Originating System ID: M00000151
Property Features
Current Use: Check Land Use Plan; Residential; Single Family
Development Status: Recorded Plat
Fencing: Fenced
Land Fill: Fill Unknown
Other Structures: Other
Possession: Close Of Escrow; Negotiable
Trees: Mango; None; Other
Boat and Dock Features: Private Dock
Listing Terms: Cash; Conventional; Owner Will Carry
Lot Features: Build to Suit; Other
Road Surface Type: Paved
Water Access: No Fixed Bridge; Ocean Access
Waterfront Features: Bayfront; Navigable Water; Seawall
Showing Requirements: Call Listing Agent; Showing Service
Contingencies: None
Acreage Description: 1/2 To Less Than 1 Acre Lot
Supplements
Exquisitely appointed location for the most discerning buyer. Private, exclusive, gated waterfront community right in the heart of Miami!
Listing Office: BrokerNation Real Estate
Last Updated: June - 01 - 2026
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