Discover waterfront elegance in prestigious Keystone Point! This multi-story home features an open floor plan with a lovely living room overlooking the water and an airy open kitchen. Filled with natural light, the home has 4 bedrooms and 4.5 bathrooms, including in-law quarters/office on the ground level with laundry room with a lot of storage, bathroom and private entry. Enjoy a new metal roof and stunning outdoor living with a covered patio, outdoor kitchen, and a pool overlooking 75 feet of waterfront on a wide canal. Nestled on a quiet street just minutes from Bal Harbour and the beach, this gem is perfect for refined waterfront living!
Single-familyProperty Type
1953Year Built
9,000 sq ftLot Size
$1,296Est. Price/Sq.Ft.
1 spaceParking
Listed by Jeffrey Koebel• Montgomery & Koebel, Inc.
•305-606-2252 (agent)
•jeffkoebel.amr@gmail.com (agent)
•305-892-1876 (broker)
•jeffkoebel.amr@gmail.com (broker)
Bought with Nathanael Sebban• Miami Waterfront Realty
This charming split-level waterfront home offers swift access to the bay, nestled on a tranquil tree-lined street. Enjoy stunning water vistas from the 100 ft wide canal, just a turn away from the bay. Inside, an open floor plan seamlessly integrates the living and dining areas, while steps lead to a versatile lower level featuring a spacious family room or guest/in-law suite complete with a full bath. Upstairs, the master suite boasts water views and an updated bathroom, and brand new roof. Outside, a pool and covered patio overlooking the water. Motivated Seller!
MARMLS #A1869936
Jun 18, 2014
Sold
$860,000
$337/sq ft
Feb 25, 2014
Pending
—
Feb 25, 2014
Price Changed
$895,000
$351/sq ft
Nov 14, 2013
Listed
$950,000
$372/sq ft
Split level waterfront pool home with quick bay access. Quiet tree-lined street. This home features water views of 100 ft wide canal that is one turn into the bay!Home has open floor plan for living & dining areas. A lower level with steps lead to a great f amily room or guest/in law area with full bath. Master suite is upstairs with water view & updated bathroom. Lots of closet space. Tropical landscaped back yard. Pool & covered patio overlooking the water place you in a serene setting to relax or entertain.
Public Records
Jan 19, 1999
Sold
$294,000
$115/sq ft
Public Records
Jun 1, 1985
Sold
$78,000
$31/sq ft
Public Records
Feb 1, 1985
Sold
$79,500
$31/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$43,229 (+47.4%)
2024
$29,319 (+7.8%)
2023
$27,196 (+23.5%)
2022
$22,020 (+14.2%)
2021
$19,287 (−7.2%)
2020
$20,784 (−0.2%)
$584,658 + $216,482
$801,140
2019
$20,826 (+1.9%)
$648,081 + $216,499
$864,580
2018
$20,445 (+2.9%)
$648,081 + $216,507
$864,588
2017
$19,873 (+6.0%)
$648,081 + $216,507
$864,588
2016
$18,744 (+6.2%)
$612,360 + $216,516
$828,876
2015
$17,651 (+111.7%)
$557,685 + $216,524
$774,209
2014
$8,338 (+20.9%)
2013
$6,897 (+1.9%)
2012
$6,772 (+2.0%)
$165,993 + $176,440
$342,433
2011
$6,640
Tax history for 12545 Palm Rd
Year
Property tax
Land + Additions
Assessment*
2025
$43,229 (+47.4%)
2024
$29,319 (+7.8%)
2023
$27,196 (+23.5%)
2022
$22,020 (+14.2%)
2021
$19,287 (−7.2%)
2020
$20,784 (−0.2%)
$584,658 + $216,482
$801,140
2019
$20,826 (+1.9%)
$648,081 + $216,499
$864,580
2018
$20,445 (+2.9%)
$648,081 + $216,507
$864,588
2017
$19,873 (+6.0%)
$648,081 + $216,507
$864,588
2016
$18,744 (+6.2%)
$612,360 + $216,516
$828,876
2015
$17,651 (+111.7%)
$557,685 + $216,524
$774,209
2014
$8,338 (+20.9%)
2013
$6,897 (+1.9%)
2012
$6,772 (+2.0%)
$165,993 + $176,440
$342,433
2011
$6,640
*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
4
Baths
4
Stories
1
Lot width
75 ft.
Lot depth
120 ft.
Lot size
9,000 Sq. Ft.
Year renovated
1963
Sq. Ft.
2,552
Year built
1953
Style
Single Family Residential
County
Miami-Dade County
APN
0622280100570
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 3, 2026.
R-1
Residential Estate District
The purpose of the R-1 residential estate district is to establish areas of low-density residential uses characterized by detached dwellings, protect and preserve the integrity and value of existing low-density neighborhoods consistent with the low-density residential land use category of the comprehensive plan.