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$16,000,000

Beds
4
Baths
4.0
sq ft
3,551

610 Sabal Palm Rd, Miami, FL 33137

610 Sabal Palm Rd

Miami, FL 33137

  • 330 days on market
    • Price drop $2,000,000↓
Introducing 610 Sabal Palm Rd. Located Within The Ultra-exclusive, Gated Community Of Bay Point. 610 Sabal Palm Rd Is In A Perfect Position To Enjoy The Best Views Of The Open Bay, Beautiful Skyline Of Downtown, And More. The Desirable, Large Lot Has 22,800 sq ft With 100 ft Of Water Frontage. There Is Enough Depth For Yachts Or Boats With Inboard Engine Options. Current Home Has Split Four Bedroom, Four Bathroom Layout With Two Car Garage. Conveniently Located Close To Design District, Downtown/Brickell, Airport, And Beach. Bay Point Offers 24 Hour Security Patrol, Guarded Gate, And Only Invited Guests Are Allowed Entry.

Details

Property type

Single Family Residence

Est. home value

$7,110,467

Lot size

0.52 acres

Price per sq ft

$4,506

Year built

1950

Annual property taxes

$97,505

Monthly HOA fee

$416.67

Price History

08/07/2024
SEF

SEF #A11506427

Listed
$16,000,000
06/03/2024
SEF

SEF #A11506427

Pending
$16,000,000
05/11/2024
SEF

SEF #A11506427

Listed
$16,000,000

Schools & Community

Neighborhood: 

Upper Eastside

Elementary school: 

Shadowlawn

Middle school: 

Miami Edison

High school: 

Miami Edison

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

Wachovia Bank Na

Loan start date

March 2004

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Credit Line (Revolving), 40 year

Seller

Neil J Kaplan

Lender

Wachovia Bank Na

Loan start date

March 2004

Original loan amount

$90,000

Est. remaining balance

Not provided

Interest rate

4%

Loan type

Credit Line (Revolving), 40 year

Seller

Neil J Kaplan

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: 11/23/2024 at 3:30 PM

Listing updated: 11/16/2024 at 3:05 PM

Listed by: Daniel Glynn, Elite Ocean View Realty LLC Phone #: (305) 600-1278

MLS: SEF #A11506427

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