13 days on rocket

520 Bay Point Rd, Miami, FL, 33137

$5,500,000

4 Bedrooms
2 Full Baths
2,171 SqFt
$2,533/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Guest
Year Built1949
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11572774
StatusActive

About 520 Bay Point Rd

Nestled in a prestigious gated community near Design District, this lowest priced not by the wall residence, epitomizes luxury living in the heart of Miami's Art District. The front porch and back deck feature hand-carved keystone from the Florida Keys, while microcement finishes seamlessly adorn the flooring, walls, and ceilings, creating unified aesthetic. Perfect for families, the home is conveniently close to top schools such as The Cushman School and Miami Country Day, and just moments away from the finest shopping destinations. Combining state-of-the-art architectural details with sophisticated interior design, this residence offers a luxurious living experience in one of Miami’s most sought-after locations. Actual square footage larger than reflected on tax roll. 3,010 sqft.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1949
  • Stories: 1
  • Living Area: 2,171 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Miami Portfolio Collection
  • Office Phone: (305) 570-4305
  • Listing Agent: Efren Grafals

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Water Heater
  • Flooring Type: Concrete, Other
  • Interior: Bedroom on Main Level, First Floor Entry, Main Level Primary

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Deck, Fence

Parking Information:

  • Parking: Driveway, Guest

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: $5,500,000
  • Price Per SqFt: $2,533/SqFt

HOA Fees:

  • Amount: $5000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $28,325
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$546.1K

Med. Price/SqFt

$382

Avg. Days On Market

56

# of Sold Homes

885

520 Bay Point Rd vs Miami

13 DAYS ON ROCKET

-43 Days

$5,500,000

+$4.9M More

$2,533/SqFt

+$2.1K More

KEY TAKEAWAY

This property is $4.9M more than the Median Sold Price and $2.1K/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: #A11572774

Listing Office:

  • Office Name: Keller Williams Realty Miami Portfolio Collection
  • Office Phone: (305) 570-4305
  • Listing Agent: Efren Grafals

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: 5/3/2024, 7:21:05 AM 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$28,325$1,346,073
2018$27,396$1,289,875
2017$32,615$1,521,643

History based on county public records data.

Payment Calculator

$27.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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NMLS#3030

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-5188245
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 1.09 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-5188246
2
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.65 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-5188247
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 2.65 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 most common annual income of people living in Miami, FL is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 Bay Point Rd

What is the listing price of this property?

The listing price of 520 Bay Point Rd property is $5,500,000.

What type of property is this?

The property 520 Bay Point Rd is a house located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 520 Bay Point 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 520 Bay Point 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 $28,325 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 520 Bay Point Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 520 Bay Point Rd is 2,171 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 Bay Point Rd is 1949.
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Rocket HomesFloridaMiami-Dade CountyMiami33137520 Bay Point Rd

This home is located at 520 Bay Point Rd in Miami, FL and zip code 33137 in the Bay Point neighborhood. This 2,171 square foot home was built in 1949. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 20, 2024 and is currently priced at $5,500,000.

Miami, FL housing market in April 2024 saw over 120 listings sold above listed price, more than 157 sold at listed price and over 608 sold below. The inventory of homes for sale in Miami, FL between March 2024 and April 2024 increased by 7.2%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.

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

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