by Global Lifestyle Properties

Check Availability
$1,100,000
↓ $149K (11.9%)
● Land - For Sale

5863 Paradise Point Dr

Palmetto Bay, FL 33157
bedrooms
Studio
bathrooms
0 Bath
$6,568
Est. Monthly

About This Property

Discover the final bayfront vacant lot in exclusive Paradise Point, where every day feels like a resort getaway. Nestled within the prestigious Royal Harbour Yacht Club, enjoy 24-hour security, clubhouse, tennis and pickleball courts, heated pool and spa, fitness center, and a private beach with volleyball court. Stroll the scenic path to the bay or set sail from the full-service marina just steps away. This isn't just land-it's your canvas to build a custom waterfront home in one of South Florida's most coveted gated communities.
Unit Size
-
Days on Market
340 days
Land Size
0.30 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,166
HOA Dues
-
Year Built
-

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Last updated: 14 days ago (Miami MLS #A11903599)

Price History

Date / Event Date Event Price
Sep 19, 2026 Price Decreased $1,100,000
↓ $149K (11.9%)
Price Decreased
Sep 14, 2026 Price Decreased $1,249,000
↓ $50K (3.9%)
Price Decreased
Sep 11, 2026 Price Decreased $1,299,000
↓ $201K (13.4%)
Price Decreased
Oct 27, 2025 Listed by Vreeland Real Estate LLC $1,500,000
Listed by Vreeland Real Estate LLC
Oct 10, 2025 Sold
Sold
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Property Highlights

Garage
Exterior Details
Waterfront Features: Ocean Access
Building Name: PARADISE POINT 1ST AMENDM
Other Structures: None
Building Area Units: Square Feet
Lot Features: Less Than 1/4 Acre Lot, No Misc/Improvements
Lot Size Area: 7342
Lot Size Units: Square Feet
Lot Size Acres: 0.3
Lot Size Square Feet: 7342
Water Source: Municipal Water
Financial Details
Tax Annual Amount: $13,997
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,342
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: PARADISE POINT 1ST AMENDMENT
  • Land Acres: 0000000169
  • Standard Land Use Code: 8001
  • County Land Use Code: 0005
  • State Land Use Code: 00
  • Legal Description 1: PARADISE POINT 1ST AMENDMENT PB 156-33 T-19946 LOT 2 BLK 2 LOT SIZE 7341 SQ FT FAU 30-5025-008-0010 & 0020 F/A/U 30-5025-009-0080 COC 25326-4349 01 2007 2

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008207

Zoning

  • Zoning: 0102

Geography

  • Assessors Map Reference: 308
  • District: 33
  • Parcel: 33-5025-009-0080
  • Block: 2
  • Lot: 2
  • Meridian: SEC 25 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6296
  • Longitude: -80.2888

    Address

  • Full Address: 5863 Paradise Point Dr
  • Address - House Number: 5863
  • Address - Street Name: Paradise Point
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C011
  • 4-Digit Zip Code: 2632
  • Zip Code: 33157

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,333,476
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 3300

    Market Valuation

  • Market Total Value: $867,166
  • Market Land Value: $867,166

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $697,068

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0897958
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 21, 2020
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 5863 Paradise Point Drive built and last sold?
The property at 5863 Paradise Point Drive was built in and last sold on Nov 18, 2021 for $700,000.
How much is this home worth?
The estimated value of the home located at 5863 Paradise Point Drive is $1,111,000.
What are some comparable homes to 5863 Paradise Point Drive?
There are currently no comparable homes to 5863 Paradise Point Drive.