$1,800,000

5863 Paradise Point Dr Palmetto Bay, FL 33157

0.2 acres
Land

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

Home typeResidential
StatusActive
Lot size0.17 Acres
MLS #A11604940
WaterfrontBay Front
ViewBay, Ocean

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

IDX © 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.

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$1,800,000

5863 Paradise Point Dr

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

2%
<35k
14%
35k-100k
52%
100k-200k
32%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

20%
Single, No Kids
8%
Single, with Kids
47%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Men's TennisMen's Tennis
  • TennisTennis

Where do the neighbors shop?

  • NordstromNordstrom
  • BloomingdalesBloomingdales
  • Brooks BrothersBrooks Brothers

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Bonefish GrillBonefish Grill
  • QdobaQdoba

What do the neighbors drive?

  • BMWBMW
  • LexusLexus
  • AcuraAcura

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • NewsNews
  • SportsSports
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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