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640 Sabal Palm Rd; Miami, FL Property Details

640 Sabal Palm Rd, Miami, FL is a Residential Vacant Land that was built in 1942. This property is currently Financed and is not for sale. Our records show that 640 Sabal Palm Rd has 5 bedrooms, and 4 bathrooms, and a total of 7,784 square feet. The lot size of 640 Sabal Palm Rd is 21,500 square feet.

Off market
640 Sabal Palm Rd Miami, FL 33137
$12,500,000 Listing Price
5 Beds
4 Baths
7,784 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1942
  • Purchase Price: $12,500,000
  • Open Loans / Balance: 1 / $16,000,000
  • APN: 01-3219-008-0540
  • Situs County: Miami-Dade
  • Length Of Ownership: 1 year, 8 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: 7,784/SqFt
  • Lot: 21,500/SqFt
  • Gross: 9,638/SqFt
  • Garage: 310/SqFt
  • Living: 7,784/SqFt
  • Building: 9,638/SqFt
  • Garage Unfinished: 310/SqFt
  • Price Per Square Foot: $1605.86

Legal Description

  • Description: BAY POINT PB 40-63 LOT 16BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE100.000 X 215 OR 18291-3609 0898 1 COC 24863-2621 08 2006 5
Building Insights

Land Information

  • Property Type: Residential Vacant Land
  • Within Flood Zone: True
  • Flood Zone: VE / High Risk - Coastal
  • School District: Dade County School District
  • Lat / Lon: 25.816093 / -80.1838
  • Subdivision: Bay Point
  • Property Class: Vacant
  • Zoning: 0100
  • County Use Code: 0081

Amenities

  • Pool: true
  • Plus Four: 3354
  • Garage: Garage

HOA

  • H O A One: $4,072
  • H O A Amount: $4,072
  • H O A One Frequency: Annual
  • H O A One Name: Bay Point Property Owners Association, Inc.
  • H O A One Type: Condo  Owner Association

Ownership Info

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

Taxes

640 Sabal Palm Rd has 10 associated Taxes items

640 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 $10,815,179. The APN we've located for 640 Sabal Palm Rd is 01-3219-008-0540.

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Taxes
  • Assessed Value:  $10,815,179
  • Assessed Year:  2025
  • Assessed County:  Miami-Dade
  • APN:  01-3219-008-0540
  • Assessed Land Value:  10750000
  • Market Land Value:  10750000
  • Tax Amount:  216551.64
  • Tax Year:  2025
  • Market Value:  10815179
  • Market Year:  2025

Tax History

640 Sabal Palm Rd has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,815,179 Land Value $10,750,000 Improvement Value $65,179 Tax Amount $216,551.64 Change Rate +0.325101% Assessed CR Tax Rate +0.020023%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $163,422.77 Change Rate +0.293575% Assessed CR Tax Rate
Year 2023 Assessed Value $5,332,671 Land Value Improvement Value Tax Amount $126,334.22 Change Rate +0.122659% Assessed CR Tax Rate +0.023691%
Year 2022 Assessed Value $4,847,883 Land Value Improvement Value Tax Amount $112,531.21 Change Rate +0.19692% Assessed CR Tax Rate +0.023212%
Year 2021 Assessed Value $4,407,167 Land Value $3,870,000 Improvement Value $537,167 Tax Amount $94,017.33 Change Rate -0.097678% Assessed CR Tax Rate +0.021333%
Year 2020 Assessed Value $4,874,375 Land Value $4,063,500 Improvement Value $810,875 Tax Amount $104,194.93 Change Rate -0.003504% Assessed CR Tax Rate +0.021376%
Year 2019 Assessed Value $4,880,511 Land Value $4,063,500 Improvement Value $817,011 Tax Amount $104,561.35 Change Rate +0.036033% Assessed CR Tax Rate +0.021424%
Year 2018 Assessed Value $4,886,647 Land Value $4,063,500 Improvement Value $823,147 Tax Amount $100,924.77 Change Rate +0.017839% Assessed CR Tax Rate +0.020653%
Year 2017 Assessed Value $4,326,758 Land Value Improvement Value Tax Amount $99,155.94 Change Rate +0.043404% Assessed CR Tax Rate +0.022917%
Year 2016 Assessed Value $3,933,417 Land Value Improvement Value Tax Amount $95,031.21 Change Rate +0.127297% Assessed CR Tax Rate +0.02416%
Year 2015 Assessed Value $3,575,834 Land Value Improvement Value Tax Amount $84,300.03 Change Rate +0.102301% Assessed CR Tax Rate +0.023575%
Year 2014 Assessed Value $3,250,759 Land Value Improvement Value Tax Amount $76,476.44 Change Rate Assessed CR Tax Rate +0.023526%