Cays Realty
575 Bay Point Rd, Miami, FL 33137 — MLS photo

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575 Bay Point Rd, Miami, FL 33137

Active · SingleFamilyResidence

$8,750,000

575 Bay Point Rd, Miami, FL 33137

Beds
4
Baths
5
Living area
3,676 sq ft
$ / sq ft
$2,380/sq ft
Year built
1963
Lot size
16,825 sq ft
HOA fee
$5,281 Annually
Annual tax
$60,066

About this property

Welcome to Casa Marbella, a charming residence in the prestigious gated community of Bay Point. This 2-story home offers 4 bedrooms + office and 5 baths, featuring an open concept floor plan with spacious living and dining areas, a separate family room, and one full en-suite bedroom on the first floor. The primary suite boasts a freestanding tub, elegant shower, and walk-in closet. Designed for both comfort and entertaining, the home sits on an oversized 16,825 SF lot with lush landscaping, pool, pergola, and mature trees, providing privacy and space. A gated driveway and 2-car garage accommodate up to 12 cars. Move-in ready, Bay Point is one of Miami’s most coveted private communities with 24/7 security and unrivaled proximity to the Design District, Midtown, Miami Beach, and Downtown.

Property location

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575 Bay Point Rd, Miami, FL 33137

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,676 sq ft
Flooring
Hardwood, Tile, Wood
Appliances
Built In Oven, Dryer, Gas Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Dual Sinks, First Floor Entry, Kitchen Island, Living Dining Room, Sitting Area In Primary, Separate Shower, Upper Level Primary, Walk In Closets

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1963
Lot size
16,825 sq ft
Architectural style
Detached, Two Story
Roof
Barrel
Construction
Block
Exterior features
Barbecue, Fence, Security High Impact Doors, Other, Patio
Pool
In Ground, Pool
View
Garden, Pool

Parking

Garage spaces
2
Covered spaces
2
Parking features
Covered, Driveway, Paver Block

HOA, Community & Financials

Association fee
$5,281 Annually
Fee inclusions
Security
Security
Gated Community, Security Guard
Pets allowed
No, Yes
Annual tax
$60,066
Subdivision
BAY POINT
County
Miami-Dade
Days on market
382
MLS listing ID
A11881119
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$24,418

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.0%
Gross yield
4.2%
Mortgage payment
$41,479/mo
Down payment
$2,187,500
Loan amount
$6,562,500
Annual NOI
$204,737

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.