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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: Land & Docks Lot Size (sq. ft.): 21,500 Status: Closed

Current Price: $12,500,000 List Date: 6/03/2024 Last Modified: 6/01/2026

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!

Supplements: Exquisitely appointed location for the most discerning buyer. Private, exclusive, gated waterfront community right in the heart of Miami!

More Information MLS# A11598534

Contract Information

Comp Sale YN: No LP/Acre: 31000000 Listing Date: 2024-06-02 Status: Closed Original List Price: 15500000 Sold Price: $12,500,000 Current Price: $12,500,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Municipal Code: 1 Postal Zip: 33137 Subdivision Number: 8 Flood Zone: AE,VE Country: United States Street Number: 640 Street Name: Sabal Palm Street Suffix: Road State Or Province: FL Postal Code: 33137 Postal Code +4: 3354 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 Zoning: 0100 Directions: Private gated community. Picture ID required for access.

General Property Information

Number Of Lots: 1 Lot Size Dimensions: 21500 Water Frontage Feet: 100 LP/SqFt: 720.93 Property Sub Type: Unimproved Land Lot Size Acres: 0.5 Lot Size Square Feet: 21500 Waterfront YN: 1 Direction Faces: South

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Seller Financing SP/Acre: 25000000 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

Fencing

Fenced: 1

Current Use

Check Land Use Plan: 1 Residential: 1 Single Family: 1

Development Status

Recorded Plat: 1

Land Fill

Fill Unknown: 1

Other Structures

Other: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Trees

Mango: 1 None: 1 Other: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1

Listing Terms

Cash: 1 Conventional: 1 Owner Will Carry: 1

Lot Features

Build to Suit: 1 Other: 1

Road Surface Type

Paved: 1

Waterfront Features

Bayfront: 1 Navigable Water: 1 Seawall: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Showing Requirements

Call Listing Agent: 1 Showing Service: 1

Contingencies

None: 1

Buyer Details

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

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0540

Acreage Description

1/2 To Less Than 1 Acre Lot: 1

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

Listing Office: BrokerNation Real Estate

Last Updated: June - 01 - 2026

640 Sabal Palm Road, Miami, FL 33137- MLS# A11598534

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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