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5867 Paradise Point Dr, Palmetto Bay, FL, 33157

$4,800,000

4 Bedrooms
3 Full Baths, 2 Partial
3,167 SqFt
$1,516/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage, Guest, Paver Block
Attached Garage2 spaces
Year Built2003
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Water
MLS #A11555878
StatusActive

About 5867 Paradise Point Dr

Enjoy the breathtaking water views from this amazing BAYFRONT 4 story home in Paradise Point. A private, gated community of 12 homes with bay views & direct ocean access. Larger than Tax Roll. Enjoy water views from every floor of this 4 bed, 3 bath & 2 half baths single family home featuring impact windows & doors, marble floors & wood floors, high ceilings, updated kitchen & baths, elevator, formal entertaining areas, master suite with a beautiful walk-in closet, rooftop terrace & 2 Car Garage. Enjoy the South Florida Lifestyle! Walk out to your backyard and launch your paddle-board or kayak. Enjoy Paradise at it's fullest with amenities such as beach, full service marina, heated pool and spa, clubhouse, gym, tennis and pickle-ball courts, nature trail to bay and 24 hour security.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2003
  • Living Area: 3,167 SqFt

Listing Office:

  • Office Name: Bestway Realty Sales, LLC
  • Office Phone: (305) 359-5801
  • Listing Agent: Maggie Salas

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Marble, Wood
  • Interior: Bedroom on Main Level, Entrance Foyer, First Floor Entry, Fireplace, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Water
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage, Guest, Paver Block

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Palmetto Senior High School, Public Magnet Grades 9-12
  • Southwood Middle School, Public Magnet Grades 6-8
  • Coral Reef Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: 67 AVE SOUTH TO SW 152 STREET, TURN LEFT- (EAST) TO GUARD GATE. FOLLOW ROAD TO THE END WHICH IS PARADISE POINT. HOUSE IS ON THE RIGHT, ON THE BAY.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,800,000
  • Price Per SqFt: $1,516/SqFt

HOA Fees:

  • Amount: $2465
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $20,197
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto Bay, FL.

Med. Sold Price

$1.0M

Med. Price/SqFt

$441

Avg. Days On Market

76

# of Sold Homes

27

5867 Paradise Point Dr vs Palmetto Bay

34 DAYS ON ROCKET

-42 Days

$4,800,000

+$3.7M More

$1,516/SqFt

+$1K More

KEY TAKEAWAY

This property is $3.7M more than the Median Sold Price and $1K/SqFt more than other homes in Palmetto Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11555878

Listing Office:

  • Office Name: Bestway Realty Sales, LLC
  • Office Phone: (305) 359-5801
  • Listing Agent: Maggie Salas

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: 4/28/2024, 12:25:14 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$20,197$1,097,357
2018$17,192$992,277
2017$17,618$997,966

History based on county public records data.

Payment Calculator

$24.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.4K

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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-1751269
9
/10
  • Coral Reef Elementary School

  • 7955 SW 152nd St

  • 2.08 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1751270
8
/10
  • Southwood Middle School

  • 16301 SW 80th Ave

  • 2.16 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1751271
6
/10
  • Miami Palmetto Senior High School

  • 7460 SW 118th St

  • 2.72 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $164,888. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5867 Paradise Point Dr

What is the listing price of this property?

The listing price of 5867 Paradise Point Dr property is $4,800,000.

What type of property is this?

The property 5867 Paradise Point Dr is a house located in Palmetto Bay, Florida, 33157.

Is this property for sale now?

Active Listing: 5867 Paradise Point Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5867 Paradise Point Dr are:
Coral Reef Elementary School: GreatSchools Rating 9/10
Southwood Middle School: GreatSchools Rating 8/10
Miami Palmetto Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $20,197 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5867 Paradise Point Dr has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 5867 Paradise Point Dr is 3,167 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5867 Paradise Point Dr is 2003.
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Rocket HomesFloridaMiami-Dade CountyPalmetto Bay331575867 Paradise Point Dr

This home is located at 5867 Paradise Point Dr in Palmetto Bay, FL and zip code 33157 in the Paradise Point / Royal Harbor Yacht Club neighborhood. This 3,167 square foot home was built in 2003. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $4,800,000.

While more than 4 listings in Palmetto Bay, FL in March 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 22 were sold below. The number of homes for sale in Palmetto Bay, FL increased by 4.4% between February 2024 and March 2024. In March 2024 median list price was $1,073,333 and the average listing age was 76 days.

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

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