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5863 Paradise Point Dr, Palmetto Bay FL 33157

Lots/Land For Sale
$1,299,000

BTC: 16.80465718

ETH: 530.42057983

-$201K (2026/06/15)
309 days
Waterfront
0 room(s)

Overview

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.

Location

Florida • Palmetto Bay • 33157 • Lots/Land • For Sale • Waterfront

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.30 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$550,000
$152K – $1.1M
Confidence Low
List vs. estimate
$749K above estimate
List $1,299,000 · +136.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 18 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,997
2024
View
Bay View
Waterfront
Ocean Access
All facts and features

  • Lot

    • Lot: 0.30 Acres

    Other Property Information

    • Parcel Number: 33-50-25-009-0080

    • Zoning: 0102

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Utility

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Trash Removal

    • Water Available

  • Other financial information

    • Annual tax amount: $13,997

  • Source details

    • MLS ID: A11903599

    Other facts

    • Lot Features: Less Than 1/4 Acre Lot / No Misc/Improvements

    • Direction Faces: East

    • Other Structures: None

    • Waterfront: Yes

    • Water Source: Municipal Water

    • Subdivision Name: PARADISE POINT 1ST AMENDM

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33157
274
median $732K
Active
Same city
Palmetto Bay
110
median $1.3M
Active
Same type
Lots/Land
9
median $1.1M
Active
Similar price
$909K – $1.7M
45
median $1.3M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Vreeland Real Estate LLC