Large Location Icon

586 Sabal Palm Rd; Miami, FL Property Details

586 Sabal Palm Rd, Miami, FL is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 586 Sabal Palm Rd has 5 bedrooms, and 4 bathrooms, and a total of 5,964 square feet. The lot size of 586 Sabal Palm Rd is 23,100 square feet.

Off market
586 Sabal Palm Rd Miami, FL 33137
$13,400,000 Listing Price
5 Beds
4 Baths
5,964 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1970
  • Purchase Price: $13,400,000
  • Open Loans / Balance: 1 / $7,956,961
  • Est. Equity / %: $1,822,039 / 18.63%
  • Gross Yield: 1.052%
  • APN: 01-3219-008-0470
  • Situs County: Miami-Dade
  • Length Of Ownership: 1 year, 6 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full Bathrooms: 4

Structure

  • Building Style: Concrete Block
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Pool Type: Yes
  • Porch Type: Yes
  • Patio Type: Patio

Measurements

  • Total: 5,964/SqFt
  • Lot: 23,100/SqFt
  • Gross: 6,185/SqFt
  • Living: 5,964/SqFt
  • Building: 6,185/SqFt
  • Price Per Square Foot: $2246.81

Legal Description

  • Description: BAY POINT PB 40-63 LOT 9 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZEIRREGULAR OR 19904-2409 08 2001 1
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Dade County School District
  • Lat / Lon: 25.814812 / -80.18538
  • Subdivision: Bay Point
  • Property Class: Residential
  • Zoning: 0100
  • County Use Code: 0101

Amenities

  • Pool: true
  • Plus Four: 3374

HOA

  • H O A One: $7,424
  • H O A Amount: $7,424
  • H O A One Frequency: Annual
  • H O A One Name: Bay Point Property Owners Association, Inc.
  • H O A One Type: Home Owner Association

Ownership Info

586 Sabal Palm Rd has no associated ownership info
586 Sabal Palm Rd has no associated ownership info.

Taxes

586 Sabal Palm Rd has 9 associated Taxes items

586 Sabal Palm Rd, Miami, FL pays taxes in Miami-Dade County, FL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $7,307,839. The APN we've located for 586 Sabal Palm Rd is 01-3219-008-0470.

Unlock the full report
Taxes
  • Assessed Value:  $7,307,839
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-3219-008-0470
  • Market Land Value:  9240000
  • Tax Amount:  181654.3
  • Tax Year:  2025
  • Market Value:  10305644
  • Market Year:  2025

Tax History

586 Sabal Palm Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $7,307,839 Land Value Improvement Value Tax Amount $181,654.3 Change Rate +0.005764% Assessed CR Tax Rate +0.024857%
Year 2024 Assessed Value $6,643,490 Land Value Improvement Value Tax Amount $180,613.31 Change Rate +0.267825% Assessed CR Tax Rate +0.027187%
Year 2023 Assessed Value $6,039,537 Land Value Improvement Value Tax Amount $142,459.17 Change Rate +0.119101% Assessed CR Tax Rate +0.023588%
Year 2022 Assessed Value $5,490,489 Land Value Improvement Value Tax Amount $127,297.87 Change Rate +0.196079% Assessed CR Tax Rate +0.023185%
Year 2021 Assessed Value $4,991,354 Land Value $4,158,000 Improvement Value $833,354 Tax Amount $106,429.29 Change Rate -0.044034% Assessed CR Tax Rate +0.021323%
Year 2020 Assessed Value $5,209,464 Land Value $4,365,900 Improvement Value $843,564 Tax Amount $111,331.7 Change Rate -0.0042% Assessed CR Tax Rate +0.021371%
Year 2019 Assessed Value $5,219,673 Land Value $4,365,900 Improvement Value $853,773 Tax Amount $111,801.23 Change Rate +0.017096% Assessed CR Tax Rate +0.021419%
Year 2018 Assessed Value $5,229,883 Land Value $4,365,900 Improvement Value $863,983 Tax Amount $109,921.99 Change Rate -0.096511% Assessed CR Tax Rate +0.021018%
Year 2017 Assessed Value $5,725,205 Land Value Improvement Value Tax Amount $121,663.9 Change Rate +0.044884% Assessed CR Tax Rate +0.021251%
Year 2016 Assessed Value $5,317,503 Land Value Improvement Value Tax Amount $116,437.69 Change Rate +0.232028% Assessed CR Tax Rate +0.021897%
Year 2015 Assessed Value $4,274,792 Land Value Improvement Value Tax Amount $94,508.97 Change Rate +2.012128% Assessed CR Tax Rate +0.022108%
Year 2014 Assessed Value $1,407,968 Land Value Improvement Value Tax Amount $31,376.15 Change Rate Assessed CR Tax Rate +0.022285%