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5863 Paradise Point Dr, Palmetto Bay, FL – $1,395,000

  • $1.4M Price
  • 56 DOM
  • $1.4M Price
  • 56 DOM

5863 Paradise Point Dr

NEW PRICE, $300,000 REDUCTION. Rare opportunity to own the LAST 7,342 sq. ft. south-facing waterfront lot in the exclusive gated Paradise Point, Palmetto Bay. Minutes from Pinecrest, this boater’s dream offers resort-style amenities at Royal Harbor Yacht Club, including 24/7 security, a clubhouse, tennis courts, a heated pool, a gym, a private beach, and a full-service marina with direct bay access. Includes approved plans for a 6,000 sq. ft. home with a rooftop pool and stunning Biscayne Bay views. Plans approved by Palmetto Bay & HOA. Don’t miss this chance—call the listing agent for details!

Essential Information

  • MLS® #A11766115
  • Price$1,395,000
  • Bathrooms0.00
  • Year Built2021
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleDetached
  • StatusActive

Community Information

  • Address5863 Paradise Point Dr
  • Area50
  • SubdivisionPARADISE POINT 1ST AMENDM
  • CityPalmetto Bay
  • CountyMiami-Dade
  • StateFL
  • Zip Code33157-2632

Amenities

  • FeaturesFitness, Pool, Tennis Court(s)
  • # of Garages4
  • ViewBay, Ocean
  • Is WaterfrontYes

Parking

Attached, Driveway, Garage, Guest

Waterfront

Bay Front, Mangrove, No Fixed Bridges, Ocean Access

Interior

  • InteriorOther
  • AppliancesOther
  • HeatingOther
  • CoolingOther
  • StoriesThree Or More

Exterior

  • Exterior FeaturesNone
  • RoofOther
  • ConstructionBlock

School Information

  • ElementaryCoral Reef
  • MiddleSouthwood
  • HighMiami Palmetto

Additional Information

  • Listing Courtesy ofKeller Williams Capital Realty
  • Date ListedMarch 24th, 2025
  • HOA Fees2645
  • HOA Fees Freq.Quarterly
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Price Change History for 5863 Paradise Point Dr, Palmetto Bay, FL (MLS® #A11766115)

Date Details Change
Price Reduced from $1,595,000 to $1,395,000 $200,000 (12.54%)
Price Reduced from $1,775,000 to $1,595,000 $180,000 (10.14%)