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$8,995,000

Beds
7
Baths
8.0
sq ft
6,600

450 Sabal Palm Rd, Miami, FL 33137

450 Sabal Palm Rd

Miami, FL 33137

  • 221 days on market
    • Price drop $500,000↓
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.

Details

Property type

Single Family Residence

Est. home value

$3,367,112

Property condition

New Construction

Lot size

0.4 acres

Price per sq ft

$1,363

Year built

2023

Annual property taxes

$29,909

Monthly HOA fee

$433.75

Price History

05/30/2024
SEF

SEF #A11484524

Listed
$8,995,000
05/16/2024
SEF

SEF #A11484524

Pending
$8,995,000
05/10/2024
SEF

SEF #A11484524

Price change
$8,995,000
-5.27%

Schools & Community

Neighborhood: 

Upper Eastside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Professional Bank

Loan start date

January 2022

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Purchase Money Mortgage

Seller

450 Sabal Palm Road Lp

Lender

Professional Bank

Loan start date

January 2022

Original loan amount

$1,250,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Purchase Money Mortgage

Seller

450 Sabal Palm Road Lp

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

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Status: Active

Tomo last checked: 07/04/2024 at 11:40 PM

Listing updated: 07/01/2024 at 2:14 PM

Listed by: Sylvia Chamorro, Douglas Elliman Phone #: (305) 677-5000

MLS: SEF #A11484524

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