5 months on rocket

450 Sabal Palm Rd, Miami, FL, 33137

$9,495,000

7 Bedrooms
7 Full Baths, 2 Partial
6,600 SqFt
$1,439/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Covered, Driveway, Garage, Golf Cart Garage, Garage Door Opener
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
ViewGarden, Pool
MLS #A11484524
StatusActive

About 450 Sabal Palm Rd

Upon entering this home you will be greeted by dramatic double-height living space bathed in natural light. The property features a large primary suite with two walk-in closets, a versatile pajama lounge, and three en-suite bedrooms. The opposite side reveals a grand chef kitchen, a spacious island, and a large family room for gatherings, two additional bedrooms, and above the two-car garage, a substantial room with a private entrance. The home also includes a staff room, laundry, and pantry. The tree-covered atrium seamlessly integrates indoor-outdoor living and includes a large terrace with seating, a BBQ grill, and a pool. This home is located inside of Bay Point, a truly private, guard-gated community highly desirable for its private roads and close proximity to Design District.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 2023
  • Living Area: 6,600 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Sylvia Chamorro

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Built-in Features, Dual Sinks, First Floor Entry, Kitchen Island, Main Level Primary, Pantry, Separate Shower, Walk-In Closet(s), Atrium

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Barbecue, Lighting

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,495,000
  • Price Per SqFt: $1,439/SqFt

HOA Fees:

  • Amount: $5205
  • Frequency: Annually

Tax Information:

  • Annual Amount: $21,263
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

450 Sabal Palm Rd vs Miami

151 DAYS ON ROCKET

+92 Days

$9,495,000

+$8.9M More

$1,439/SqFt

+$1K More

KEY TAKEAWAY

This property is $8.9M more than the Median Sold Price and $1K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11484524

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 677-5000
  • Listing Agent: Sylvia Chamorro

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$21,263$1,204,232
2018$18,232$739,505
2017$19,213$1,383,012

History based on county public records data.

Payment Calculator

$47.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$28.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1287626
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.55 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1287627
2
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 3.06 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1287628
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.21 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,364. The majority of Miami, FL residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 450 Sabal Palm Rd

What is the listing price of this property?

The listing price of 450 Sabal Palm Rd property is $9,495,000.

What type of property is this?

The property 450 Sabal Palm Rd is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 450 Sabal Palm Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 450 Sabal Palm Rd are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 2/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $21,263 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 450 Sabal Palm Rd has 7 bedrooms and 7 full and 2 half bathrooms.

What is the square footage of this property?

The property 450 Sabal Palm Rd is 6,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 450 Sabal Palm Rd is 2023.
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Rocket HomesFloridaMiami-Dade CountyMiami33137450 Sabal Palm Rd

This home is located at 450 Sabal Palm Rd in Miami, FL and zip code 33137 in the Bay Point neighborhood. This 6,600 square foot home was built in 2023. Features: 7 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since November 27, 2023 and is currently priced at $9,495,000.

In March 2024, from all listings sold in Miami, FL there were more than 115 sold above asking price, over 619 sold below and more than 149 were sold right at the asked price. The number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $540,091.

From Rocket Homes Real Estate and based on county public records data.

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