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Investor/Developer Opportunity in BAY POINT: 4 Bed / 4 Bath residence (3,167 sqft total) on a huge 20,541 sqft lot within one of Miami’s most exclusive gated communities with 24/7 private security. The property presents a prime opportunity for redevelopment, expansion, or repositioning in a highly sought-after enclave. The owner is open to flexible deal structures, including seller financing or joint venture partnerships, making it an attractive option for builders and capital partners seeking premium inventory in a supply-constrained submarket. The site’s near half-acre footprint supports expansion, new construction, or a high-end spec project, with strong upside driven by its proximity to key demand drivers—Miami International Airport, the beaches, Downtown, the Design District, and Midtown. Current residence includes a 4-bedroom, 4-bath house with marble finishes, an open-concept media space, and mature tropical landscaping, offering potential for interim use, rental income, or phased development. Outdoor features such as a pool with waterfall, wet bar, and entertainment areas further enhance the property’s current livability while plans and permits are pursued. A rare chance to capitalize on location, lot size, and flexible ownership terms in a premier Miami enclave.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 221 NE 48th Ter | $935,000 | 2/1 | 1,146 | 106 | $0 | ||
| 0 | $995,000 | 2/1 | 1,426 | 132 | $0 | ||
| 235 NE 46th St | $1,350,000 | 2/1 | 1,288 | 120 | $0 | ||
| 260 NE 46th St | $1,475,000 | 3/2 | 1,334 | 124 | $0 | ||
| 280 NE 48th Ter | $1,550,000 | 5/3 | 1,682 | 156 | $0 | ||
| 261 NE 47th St | $1,759,000 | 3/2 | 1,677 | 156 | $0 | ||
| 611 NE 52nd Ter | $1,900,000 | 8.57% | 3/2 | 2,070 | 192 | $0 | |
| 500 NE 51st St | $3,150,000 | 4/4 | 0 | 0 | $0 | ||
| 4160 Bay Point Rd | $3,690,000 | 4/3 | 3,114 | 289 | $4,121 | ||
| 510 NE 52nd St | $3,990,000 | 4/4 | 3,500 | 325 | $0 | ||
| 520 Bay Point Rd | $4,300,000 | 4/3 | 2,171 | 202 | $5,000 | ||
| 560 Sabal Palm Rd | $5,100,000 | 4/3 | 2,837 | 264 | $6,000 | ||
| 5261 NE 5th Ave | $6,500,000 | 5/6 | 4,142 | 385 | $0 | ||
| 4800 Bay Point Rd | $7,300,000 | 4/3 | 3,180 | 295 | $6,000 | ||
| 575 Bay Point Rd | $8,750,000 | 4/5 | 3,676 | 342 | $5,281 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 02/17/2026 | $3,325,000 | $3,500,000 | 4 | 5 | 2,618 | 8 months | |
| 02/02/2026 | $1,460,000 | $1,590,000 | 3 | 2 | 1,862 | 5 months | |
| 12/16/2025 | $2,850,000 | $3,195,000 | 4 | 4 | 2,696 | 8 months | |
| 12/08/2025 | $7,690,000 | $7,990,000 | 5 | 5 | 4,081 | 1 month | |
| 12/04/2025 | $1,840,000 | $1,950,000 | 3 | 2 | 1,939 | 2 months | |
| 11/03/2025 | $1,657,500 | $1,745,000 | 3 | 2 | 1,555 | 5 months | |
| 10/30/2025 | $4,225,000 | $4,580,000 | 4 | 3 | 2,559 | 8 months | |
| 10/23/2025 | $2,391,000 | $2,590,000 | 3 | 2 | 1,997 | 7 months |
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