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$14,900,000

Beds
7
Baths
6.5
sq ft
5,964

586 Sabal Palm Rd, Miami, FL 33137

586 Sabal Palm Rd

Miami, FL 33137

  • 40 days on market
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.

Details

Property type

Single Family Residence

Est. home value

$10,548,479

Lot size

0.53 acres

Price per sq ft

$2,499

Year built

1970

Annual property taxes

$180,613

Monthly HOA fee

$583.33

Price History

11/12/2024
SEF

SEF #A11691720

Listed
$14,900,000
11/08/2024
SEF

SEF #A11528585

Removed
$14,900,000
11/07/2024
SEF

SEF #A11528585

Listed
$14,900,000

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

Coconut Grove Bank

Loan start date

April 2003

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5.86%

Loan type

Stand Alone Second

Seller

Manuel Capiro and Maritza Capiro

Lender

Coconut Grove Bank

Loan start date

April 2003

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

5.86%

Loan type

Stand Alone Second

Seller

Manuel Capiro and Maritza Capiro

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?

Status: Active

Tomo last checked: 12/23/2024 at 2:35 AM

Listing updated: 12/07/2024 at 4:05 PM

Listed by: Julianna Castro, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11691720

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