Best of Luxury Realty

Overview

Status: Pending

The real estate term "pending contract" means that someone has made an offer on the property and the seller has accepted. Typically contingent on a home inspection to the buyers satisfaction and financing. There could also be a home sale contingency which means the seller has an escape clause typically if another buyer comes along.
Parking 3
Size: 5,964 ft²/554.07 m²
Price Per: $2,498.32 ft²/$26,891.74 m²
Type: Single Family Home
Built: 1970
HOA: $7,000.00/MO
MLS Number: A11691720
View Bay, Ocean
On Site: 64 days
Updated: 15 Hours Ago
Page Views: 9

Luxurious waterfront living awaits you in “La Grande Dame,” a magnificent half-acre estate home in the exclusive guard-gated Bay Point community. Commanding sweeping views from an impressive 23,100 SqFt lot (0.53 Acres) with 121’ of Biscayne Bay frontage. This Spanish Mediterranean Architecture residence offers 7 Bed, and 6.5 baths. Set well back from the street, a gated, paver-clad driveway lined with mature oak trees and lush tropical foliage entices you inside. The 2nd floor includes 4 Bed, large den and a generous-size primary suite w/ sitting area, oversized walk-in closet, and 5-piece ensuite. Your outdoor paradise is complete with a pool, summer kitchen, covered cabana and in-ground trampoline. Minutes to Miami Design District, Wynwood, Midtown, Brickell, Airport, and A+ Schools.

Development Amenities

Development Amenities:

Gated
Home Owners Association
Maintained Community

Price History

Date	Event	Price	Change Rate	Price Per
11/12/2024	Listed	$14,900,000.00		$2,409.05 ft²/$25,930.85 m²

Features

Property Details for 586 Sabal Palm Rd, Upper Eastside, FL 33137

Bay Point, Single Family Home current status is Pending, 586 Sabal Palm Rd is a Single Family Home in , Upper Eastside, FL 33137 with property MLS ID# A11691720. This 6185square foot Single Family Home sits on a 23100 square foot lot and features 7 bedrooms and 6.5 bathrooms. This Single Family Home has been listed on Best of Luxury Realty since November 12, 2024 and is currently priced at 14,900,000. This property was built in 1970.

Bedrooms
Bedrooms: 7
Bedroom Description: No info

Bathrooms
Full Bathrooms: 6
Half Bathrooms: 1
Master Bathroom Description: No info

Exterior and Lot Features
Exterior Features: Fence, Security High Impact Doors, Lighting
View: Bay, Ocean

Interior, Heating and Cooling
Interior Features: Bidet, Bedroom On Main Level, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Entrance Foyer, First Floor Entry, Kitchen Island, Kitchen Dining Combo, Sitting Area In Primary, Separate Shower
Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
Heating Description: Central
Cooling Description: No info

Building and Construction
Floor Description: Wood
Windows/Treatment: Impact Glass
Construction Type: No info
Year Built: 1970
Style: Detached, Mediterranean, Two Story

Waterfront and Water Access
Waterfront Property: Yes
Waterfront Frontage: No info
Waterfront Description: Bayfront, Navigable Water, Ocean Access
Water Access: Public
Water Description: No info

School Information
Elementary School: No info
Middle School: No info
High School: No info

Other Property Info
Community Name: Bay Point
Subdivision Name: BAY POINT
Property Type: Single Family Home
Property Subtype: Residential
Type of Association: Homeowners
Garage Spaces: 3
Listing Date: 11/12/2024
Directions: Gate located on Biscayne Blvd and 54th Street. Private community. Confirmed appointment is required for gate access. ADVERTISING, BLOGGING AND POSTING ON SOCIAL MEDIA AND YOUTUBE ABOUT THIS PROPERTY IS PROHIBITED.
Pets Allowed: No
Area: 32
Brokered By: Compass Florida, LLC.
Legal Description: BAY POINT PB 40-63 LOT 9 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE IRREGULAR OR 19904-2409 08 2001 1

Taxes, Fees & More
Maintenance/HOA Fees: $7,000.00/month
Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $180,613.00 (2024)
Real Estate Taxes: No info
Style Tran: No info
Special Information: No info
Security Information: Gated Community, Security Guard
Pet Restrictions: No info
Unit Design: No info
Front Exposure: No info
Model Name: No info
Previous List Price: No info
Parking Description: Attached, Covered, Driveway, Garage

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Area Specialist

Buyer/Tenant Etiquette

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Tracey Schmitt

Real Estate Advisor

Office: (305) 407-1657

Email: tracey@bestofluxuryrealty.com

Specialties:

Luxury Oceanfront Communities, Waterfront Single Family Homes

Memberships:

Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild

This property is courtesy of the Compass Florida, LLC.. This listing has been viewed 9 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Special Markers:

*Just Listed: New properties that came on the market within the last 15 days.
*Decrease/Increase: Listing values that are being calculated based on recorded price changes.
*Foreclosures/Short Sale: Please note, all properties are subject to bank approval. Buyers must be pre-approved or show proof of funds before submitting an offer.