Property details
About 5863 Paradise Point Dr
Amazing opportunity to build your dream home on this beautiful bayfront vacant lot in exclusive Paradise Point. Experience resort-style living at its best within the private, secure community of Royal Harbor Yacht Club. Enjoy 24-hr security, clubhouse, two tennis courts, heated pool, gym, and private beach with volleyball court. Take a serene nature walk to the beach to enjoy the bay view or dock your boat at the full-service marina. This lot comes with complete architectural and engineering plans for a stunning 6,000sf home featuring a rooftop pool with panoramic views of southern Biscayne Bay. The plans have been approved by both the City of Palmetto Bay and the Royal Yacht Harbor Club/Paradise Point HOA. Don't miss out on this exceptional opportunity to create your own piece of paradise
Highlights
Virtual tour
Summary
- MLS Number: A11604940
- MLS Name: SEFMIAMI
- Office Name: Compass Florida LLC
- Office Phone: (305) 851-2820
- Office Email: mlsfl@compass.com
- Listing Agent: Audrey Ross
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$1,800,000
5863 Paradise Point Dr
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $867,166 | $13,334 |
2022 | $633,699 | $11,079 |
2021 | $533,641 | $11,079 |
2020 | $533,641 | $9,646 |
2018 | $533,641 | $9,378 |
2017 | $533,641 | $9,558 |
History based on county public records data.
Nearby schools
9
Coral Reef Elementary School
Public District PK-5
2.1 mi
•7955 SW 152nd St
5
Howard Drive Elementary School
Public District PK-5
2.1 mi
•7750 SW 136th St
10
Palmetto Elementary School
Public District PK-5
2.3 mi
•12401 SW 74th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $164,888. Residents of Palmetto Bay, FL typically earn between $100k-200k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
Frequently asked questions
About 5863 Paradise Point Dr
This home is located at 5863 Paradise Point Dr in Palmetto Bay, FL and zip code 33157 in the Paradise Point / Royal Harbor Yacht Club neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $1,800,000.
In February 2025, from all listings sold in Palmetto Bay, FL there were more than 0 sold above asking price, over 19 sold below and more than 2 were sold right at the asked price. In February 2025 in Palmetto Bay, FL there were 7.3% more homes for sale than in January. Listings spent 42 days on the market in February 2025, and had a median list price of $1,031,239 during the same period.