586 SABAL PALM RD, Miami, FL 33137

586 SABAL PALM RD, Miami, FL 33137 is a 5-bedroom, 4-bathroom residential - single family : 1 unit built in 1970 with 5,964 square feet of living space on a 23,100 square foot lot. The property is currently owned by ROSS ROMASH CAROLINE ROMASH, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2025-01-31 for $13,400,000. There are 5 recorded sales for this property. The 2025 assessed value is $7,307,839 with a market value of $10,305,644.

This breaks down to $9,240,000 for the land and $1,065,644 for the building. The assessed value increased 10% from $6,643,490 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $96,833, and the median home value is $1,188,500. The population density is 4,093 people per square mile.

There are active mortgage liens totaling $7,511,352 recorded against this property. 586 SABAL PALM RD, Miami, FL 33137 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2016 to 2025, with 5 recorded transactions in the public record. The current assessed value represents 55% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $2247 per square foot — a key metric for comparing value across Miami's real estate market..