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640 Sabal Palm Road, Miami, FL 33137

$12,500,000
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

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.

More Information MLS# A11598803

Contract Information

Comp Sale YN: No Occupant Type: Vacant 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 Special Assessment YN: No 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 at front gate.

General Property Information

Adjusted Area Main: 7735 Living Area Main: 7784 Lot Size Area: 21500 Water Frontage Feet: 100 Senior Community YN: Yes Outdoor Living Spaces YN: Yes Furnished: Unfurnished Stories Total: 2 Pool Private YN: Yes Property Sub Type: Single Family Residence Bedrooms Total: 8 Bathrooms Total: 7 Bathrooms Full: 6 Bathrooms Half: 1 Building Area Main: 9638 Year Built: 1987 Garage YN: 1 Attached Garage YN: 1 Garage Spaces: 4 Covered Spaces: 4 Lot Size Acres: 0.49 Waterfront YN: 1 Direction Faces: West

Financial Information

Association Membership: Mandatory Membership Fee Required YN: No Association YN: 1 Association Fee: 6588 Association Fee Frequency: Annually 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

Office/Member Information

DXORIGMLSID: SEF

Status Change Information

Buyer Financing: Seller Financing 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

Application Information

Association Approval Required: 1

Entry Information

Entry Level: 1

Exterior Features

Lighting: 1

Flooring

Marble: 1

Parking Features

Driveway: 1 Guest: 1 Golf Cart Garage: 1 Attached: 1 Attached Garage: 1 Garage: 1

Property Condition

Resale: 1

Possession

Close Of Escrow: 1 Negotiable: 1

Sewer

Public Sewer: 1

Utilities

Cable Available: 1

Heating

Central: 1 Electric: 1

Water Access

No Fixed Bridge: 1 Ocean Access: 1 Other: 1

Water View

Bay: 1 Intracoastal: 1

Appliances

Dishwasher: 1 Dryer: 1 Electric Range: 1 Refrigerator: 1

Construction Materials

Block: 1 CBS: 1

Interior Features

French Doors: 1 Walk-In Closet(s): 1

Levels

Two: 1

Listing Terms

Cash: 1 Conventional: 1

Pool Features

Child Gate: 1 Free Form: 1 Gunite: 1 In Ground: 1

Road Frontage Type

East of US-1: 1

Roof

Spanish Tile: 1 Other: 1

Water Source

Public: 1

Waterfront Features

Bayfront: 1 Intracoastal: 1 Navigable Water: 1

Architectural Style

Other: 1

Boat and Dock Information

Dock: Yes

Boat and Dock Features

Private Dock: 1

Cooling

Central Air: 1 Electric: 1

Association Type

Homeowner Association: 1

Showing Requirements

24 Hour Notice: 1 Appointment Only: 1

Master Bedroom/Bath

Master Bdrm - Ground: 1 Master Bdrm - Sitting: 1

Pets Allowed YN

Yes: 1

Pets Allowed

No Restrictions: 1

Pool Size Details

Pool Size (WxL): 30x40

Tax Information

Tax Reflects No Exemptions: 1

Outdoor Living Spaces

Balcony: 1

Balcony Details

Balcony - Open: 1

Contingencies

None: 1

Room Types

Den: 1 Family Room: 1 Great Room: 1 Maid/In-Law Quarters: 1

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

Acreage Description

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

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

Room Information

Den Family Room Great Room Maid/In-Law Quarters
Listing Office: BrokerNation Real Estate
Last Updated: December - 21 - 2025
640 Sabal Palm Road, Miami, FL 33137- MLS# A11598803
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