Off Market Apr 2021 for $4M

$7,200,053

Est. refi paymentEst. refi $20,839/mo

•

2,604

sq ft

720 Lake Rd, Miami, FL 33137

About this home

Stunning 3-bed/3-bath home available in Bay Point, an exclusive, gated community in the heart of Miami. Enjoy breathtaking water views in your saltwater pool from a backyard equipped perfectly for entertaining and enjoying the South Florida weather. Sparing no detail, this one-of-a-kind home comes with recent upgrades such as a brand new A/C and pool heater. With private roads patrolled 24/7 by security, Bay Point guarantees safety like none other. Conveniently located near Miami's best private schools and just a short drive from the airport. 720 Lake Road is also within proximity to Downtown, South Beach, and Wynwood Design District where you can easily enjoy the Miami lifestyle and all of its world-class entertainment, dining, and cultural destinations.

Single-familyProperty Type

1955Year Built

0.29 acresLot Size

$2,765Est. Price/Sq.Ft.

1 car garageParking

Listed by Ethan Pickett • Douglas Elliman

•786-931-4448 (agent)

•ethan.pickett@elliman.com (agent)

•305-695-6300 (broker)

•iakhrass@elliman.com (broker)

Listed by Dean Bloch • Douglas Elliman

•305-677-5000 (broker)

•judithcorcos@gmail.com (broker)

Bought with Joao Carvalho • Jad Realty, LLC.

•305-305-8105 (broker)

•danielafc3@hotmail.com (broker)

Redfin checked: 3 minutes ago

•Source:MARMLS #A10972719

Redfin Estimate

$7,200,053

$3.2M since sold in April 2021$604K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 138.4% higher than the average sale price ($3.02M) of 6 comparable homes.

SOLD MAY 26, 2026
$1,747,500
A
3 beds2 baths2,070 sq ft
611 NE 52nd Ter, Miami, FL 33137
SOLD JUN 24, 2026
$2,050,000
B
3 beds3.5 baths1,983 sq ft
621 NE 56th St, Miami, FL 33137
SOLD MAY 11, 2026
$3,600,000
C
4 beds3.5 baths3,421 sq ft
5600 N Bayshore Dr, Miami, FL 33137
SOLD JUL 31, 2026
$3,650,000
D
4 beds3.5 baths3,114 sq ft
4160 Bay Point Rd, Miami, FL 33137
SOLD DEC 16, 2025
$2,850,000
E
4 beds4 baths2,696 sq ft
501 NE 51st St, Miami, FL 33137
SOLD OCT 30, 2025
$4,225,000
F
4 beds3 baths2,559 sq ft
550 Pidgeon Plum Ln, Miami, FL 33137

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Earn from this home

Sell

$3,919,685

Est. take-home

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Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$6,873/mo

Redfin rental estimate

List your home for rent

Market trends in 33137, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

94.6%

+0.0% MoM

Median sale price

$758K

$115K MoM

Avg. days on market

150d

5 days MoM

Recently sold homes

139

11 MoM

New listings for sale

NEW 2 HRS AGO
$299,000
1 bed1.5 baths— sq ft
677 NE 24 Th #704, Miami, FL 33137
(305) 514-0100
EARLY ACCESS
$850,000
2 beds1 bath2,471 sq ft
21 NE 53rd St, Miami, FL 33137
NEW 6 HRS AGO
$3,395,000
4 beds4.5 baths3,280 sq ft
178 NE 45th St, Miami, FL 33137
(305) 677-5000
NEW 7 HRS AGO
$2,300,000
4 beds4.5 baths1,871 sq ft
480 NE 31st St #3501, Miami, FL 33137
(305) 374-3434
NEW 34 HRS AGO
$1,190,000
2 beds2 baths1,105 sq ft
700 NE 26th Ter #3006, Miami, FL 33137
(305) 931-7878
$2,580,000
4 beds4.5 baths2,407 sq ft
650 NE 32nd St Ph 5003, Miami, FL 33137
(305) 799-9781
$745,000
2 beds2 baths1,169 sq ft
601 NE 27th St #1808, Miami, FL 33137
(786) 276-2455
$4,750,000
4 beds4.5 baths2,760 sq ft
2020 N Bayshore Dr #3708, Miami, FL 33137
(305) 695-6060
$362,500
1 bed1 bath750 sq ft
2000 N Bayshore Dr #408, Miami, FL 33137
(786) 250-4270
$1,995,000
2 beds2.5 baths2,178 sq ft
3470 E Coast Ave Ph 102, Miami, FL 33137
(305) 851-2820
See all

Provided by Redfin

Sale history for 720 Lake Rd

Date

Event

Price

MARMLS #A11881872

Oct 28, 2025

Rental Removed

$23,000

$9/sq ft

Sep 20, 2025

Listed for Rent

$23,000

$9/sq ft

MARMLS #A11644172

Nov 22, 2024

Rental Removed

$22,900

$9/sq ft

Aug 19, 2024

Listed for Rent

$22,900

$9/sq ft

MARMLS #A11537972

Mar 12, 2024

Rental Removed

$22,900

$9/sq ft

Feb 26, 2024

Listed for Rent

$22,900

$9/sq ft

MARMLS #A11291461

Feb 16, 2024

Rental Removed

$23,900

$9/sq ft

Feb 13, 2024

Listed for Rent

$23,900

$9/sq ft

Jan 29, 2024

Rental Removed

$23,900

$9/sq ft

Sep 20, 2023

Price Changed

$23,900

$9/sq ft

MARMLS #A10972719

Apr 30, 2021

Sold

$4,000,000

$1,536/sq ft

Dec 18, 2020

Listed

$4,298,000

$1,651/sq ft

Public Records

Sep 26, 2003

Sold

$1,135,000

$436/sq ft

Public Records

Oct 8, 2002

Sold

$1,095,000

$421/sq ft

Public Records

Feb 7, 2001

Sold

$615,000

$236/sq ft

Public Records

Jun 1, 1988

Sold

$330,000

$127/sq ft

Public Records

Nov 1, 1986

Sold

$267,500

$103/sq ft

Public Records

Mar 1, 1986

Sold

$230,000

$88/sq ft

Public Records

Mar 1, 1985

Sold

$230,000

$88/sq ft

Public Records

Feb 1, 1981

Sold

$250,000

$96/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$104,332 (+5.5%)

2024

$98,904 (+20.6%)

2023

$81,998 (+14.0%)

2022

$71,903 (+29.9%)

2021

$55,336 (+155.9%)

$2,802,800 + $666,631

$3,469,431

2020

$21,625 (+2.1%)

$2,274,090 + $312,469

$2,586,559

2019

$21,174 (+3.9%)

2018

$20,380 (+1.0%)

2017

$20,178 (+3.2%)

2016

$19,544 (−1.1%)

2015

$19,766 (−1.1%)

2014

$19,993 (+1.7%)

2013

$19,667 (+2.0%)

2012

$19,282 (+2.4%)

$764,400 + $326,356

$1,090,756

2011

$18,827

Tax history for 720 Lake Rd

Year

Property tax

Land + Additions

Assessment*

2025

$104,332 (+5.5%)

2024

$98,904 (+20.6%)

2023

$81,998 (+14.0%)

2022

$71,903 (+29.9%)

2021

$55,336 (+155.9%)

$2,802,800 + $666,631

$3,469,431

2020

$21,625 (+2.1%)

$2,274,090 + $312,469

$2,586,559

2019

$21,174 (+3.9%)

2018

$20,380 (+1.0%)

2017

$20,178 (+3.2%)

2016

$19,544 (−1.1%)

2015

$19,766 (−1.1%)

2014

$19,993 (+1.7%)

2013

$19,667 (+2.0%)

2012

$19,282 (+2.4%)

$764,400 + $326,356

$1,090,756

2011

$18,827

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

2000

Sq. Ft.

2,501

Year built

1955

Style

Single Family Residential

County

Miami-Dade County

APN

0132190081620

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 2, 2026.

T3-R

Sub-Urban Transect Restricted Zone

The Sub-Urban Zone consists of low-Density areas, primarily comprised of Single-Family and Two Family residential units with relatively deep Setbacks, Streetscapes with swales, and with or without Sidewalks. Blocks may be large and the roads may be of irregular geometry to accommodate natural and historic conditions.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 1

Parking
Features: Covered, Driveway
# of Covered Spaces: 1

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 3

Room Information
Room Types: Other

Equipment
Appliances: Dishwasher, Electric Range, Microwave

Interior Features
Flooring: Hardwood, Wood
Other Features: Bedroom on Main Level, First Floor Entry, Main Level Primary

Exterior

Building Information
Stories: 1
Year Built Details: Unknown
Construction Details: Block

Exterior Features
Security Features: Security Gate, Gated Community, Security Guard

Pool and Spa Information
Has Private Pool
Pool Features: In Ground, Pool

Lot Information
Lot Size Area: 12,740
Lot Features: Less Than Quarter Acre
Road Frontage Type: Private Road
Is Waterfront
Waterfront Features: Bay Front
Frontage Length: 98
Frontage Length Remarks: 98
Zoning Description: 0100

Property Information
Has View
Direction Faces: West

Financial

Tax Information
Annual Tax Amount: $21,625
Tax Year: 2020

Utilities

Utility Information
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric

Location

HOA Information
Association Fee: $2,313
Association Fee Frequency: Annually

Community Information
Community Features: Gated, Maintained Community

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,501
Stories: 1.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 2000
County: Miami-Dade County
APN: 0132190081620

Home facts updated by county records on Jul 2, 2026

Around this home

Schools

Morningside K-8 Academy

Public PreK-8 • Assigned • 1.1mi

9/10

Booker T. Washington Senior High School

Public 9-12 • Assigned • 2.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 72-80% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 102° expected this year, 25 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Miami, FL • 33137

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.5 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$6.84M – $8.28M

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New listings for sale in 33137

NEW 2 HRS AGO

$299,000

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677 NE 24 Th #704, Miami, FL 33137

(305) 514-0100

EARLY ACCESSCOMPASS COMING SOON

$850,000

2 beds1 bath2,471 sq ft

21 NE 53rd St, Miami, FL 33137

NEW 6 HRS AGO

$3,395,000

4 beds4.5 baths3,280 sq ft

178 NE 45th St, Miami, FL 33137

(305) 677-5000

NEW 7 HRS AGO

$2,300,000

4 beds4.5 baths1,871 sq ft

480 NE 31st St #3501, Miami, FL 33137

(305) 374-3434

NEW 34 HRS AGO

$1,190,000

2 beds2 baths1,105 sq ft

700 NE 26th Ter #3006, Miami, FL 33137

(305) 931-7878

$2,580,000

4 beds4.5 baths2,407 sq ft

650 NE 32nd St Ph 5003, Miami, FL 33137

(305) 799-9781

$745,000

2 beds2 baths1,169 sq ft

601 NE 27th St #1808, Miami, FL 33137

(786) 276-2455

$4,750,000

4 beds4.5 baths2,760 sq ft

2020 N Bayshore Dr #3708, Miami, FL 33137

(305) 695-6060

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1 bed1 bath750 sq ft

2000 N Bayshore Dr #408, Miami, FL 33137

(786) 250-4270

Home values near 720 Lake Rd

Data from public records.

Address	Redfin Estimate
780 Lake Rd, Miami, FL 3 Beds \| 2 Baths \| 4118 Sq. Ft.	$5,335,930
710 Lake Rd, Miami, FL 2 Beds \| 2 Baths \| 3702 Sq. Ft.	$6,753,459

Address	Redfin Estimate
680 Lake Rd, Miami, FL 3 Beds \| 2 Baths \| 3291 Sq. Ft.	$4,992,946
730 Lake Rd, Miami, FL 4 Beds \| 4 Baths \| 3067 Sq. Ft.	$5,855,223

Address	Redfin Estimate
690 Lake Rd, Miami, FL 3 Beds \| 2 Baths \| 2915 Sq. Ft.	$5,177,924
770 Lake Rd, Miami, FL 6 Beds \| 6.5 Baths \| 5421 Sq. Ft.	—

Property information provided by MARMLS when last listed in 2025. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33137, FL

Sale history for 720 Lake Rd

Tax history for 720 Lake Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33137

Home values near 720 Lake Rd

More real estate resources