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$8,300,000

530 Melaleuca Ln

3 bd · 3 ba · 2,497 sq ft

160 days on marketSingle Family Residence

Listing courtesy of Douglas Elliman. 305-677-5000

From the MLS

Bedrooms
3
Bathrooms
3
Living area
2,497 sq ft
Asking per square foot
$3,324
Year built
1942
Association fee
$7,424 annually
ZIP code
33137
MLS number
A12012144

What the listing says

Set within the highly coveted, guard-gated enclave of Bay Point, this offering represents one of the largest and most significant parcels in the community at approximately 24,376 square feet. A rare, perfectly rectangular lot of this scale, it provides an exceptional canvas for a landmark custom estate. The proportions of the land allow for a grand residence to be designed with complete flexibility, including the ability to build over 11,000 sq ft of living spaces, while still maintaining a generous outdoor area with ample room for outdoor programming including a padel court, pool, and a bespoke garage or collector’s space. The existing tree canopy offers a rare opportunity to integrate architecture into a fully matured tropical environment from day one. There truly is no other property in Bay Point that combines this level of land size, shape, build potential, and natural maturity. It is a once-in-a-generation opportunity to create a signature estate in one of Miami’s most exclusive neighborhoods.

Description supplied by Douglas Elliman.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

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