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$1,595,000

Beds
Unknown
sq ft
Unknown

5863 Paradise Point Dr, Palmetto Bay, FL 33157

5863 Paradise Point Dr

Palmetto Bay, FL 33157

  • 13 days on market
    • Price drop $180,000↓
NEW PRICE, $300,000 REDUCTION. Rare opportunity to own the LAST 7,342 sq. ft. south-facing waterfront lot in the exclusive gated Paradise Point, Palmetto Bay. Minutes from Pinecrest, this boater’s dream offers resort-style amenities at Royal Harbor Yacht Club, including 24/7 security, a clubhouse, tennis courts, a heated pool, a gym, a private beach, and a full-service marina with direct bay access. Includes approved plans for a 6,000 sq. ft. home with a rooftop pool and stunning Biscayne Bay views. Plans approved by Palmetto Bay & HOA. Don’t miss this chance—call the listing agent for details!

Details

Property type

Single Family Residence

Est. home value

$2,512,264

Lot size

7,342 sq ft

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$13,997

Monthly HOA fee

$881.67

Price History

04/01/2025
SEF

SEF #A11766115

Price change
$1,595,000
-10.14%
03/22/2025
SEF

SEF #A11766115

Listed
$1,775,000
-1.39%
03/21/2025
SEF

SEF #A11604940

Removed
$1,800,000

Schools & Community

Elementary school: 

Coral Reef

Middle school: 

Southwood

High school: 

Miami Palmetto

Community features: 

Pool, Tennis Court(s), Fitness Center

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

Lmp Acquisitions Llc

Loan start date

July 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial, 1 year

Seller

Felix Armando Gonzalezquevedo and Sarah Ken Couper

Lender

Lmp Acquisitions Llc

Loan start date

July 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial, 1 year

Seller

Felix Armando Gonzalezquevedo and Sarah Ken Couper

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: 04/06/2025 at 8:00 PM

Listing updated: 04/01/2025 at 5:56 PM

Listed by: Ricky Kallabat PA, Keller Williams Capital Realty Phone #: (305) 662-7325

MLS: SEF #A11766115

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