$12,500,000
Miami, FL 33137
MLS# A11598803
Status: Closed
8 beds | 7 baths | 9638 sqft
1 / 9
Property 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.
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
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: 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
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.
General Property Information
Property Sub Type: Single Family Residence
Bedrooms Total: 8
Bathrooms Total: 7
Bathrooms Full: 6
Bathrooms Half: 1
Building Area Main: 9638
Living Area Main: 7784
Adjusted Area Main: 7735
Year Built: 1987
Garage YN: 1
Attached Garage YN: 1
Garage Spaces: 4
Covered Spaces: 4
Lot Size Area: 21500
Lot Size Acres: 0.49
Senior Community YN: Yes
Waterfront YN: 1
Water Frontage Feet: 100
Outdoor Living Spaces YN: Yes
Stories Total: 2
Direction Faces: West
Pool Private YN: Yes
Furnished: Unfurnished
Financial Information
Association YN: 1
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
Entry Information
Entry Level: 1
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
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
Supplements
For the most discerning buyers, Bay Point is a private gated community that own's their roads and is steeped in rich history.
Room Information
| Room Name |
| Den |
| Family Room |
| Great Room |
| Maid/In-Law Quarters |
Listing Office: BrokerNation Real Estate
Last Updated: August - 29 - 2026
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