For sale

$45,000,000

2312 Bay Ave, Miami Beach, FL 33140

5beds

4,970sqft

$333,864/mo

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Single Family Residence

Built in 1937

0.32 Acres Lot

$-- Zestimate^®

$9,054/sqft

$5,000/mo HOA

What's special

Gated waterfront point-lot estateArched windowsBeautifully restored original detailsSpectacular sunsetsDecorative ironworkImpact windows and doorsHand-painted cuban tile floors

Offered for the first time in 40 years, this gated waterfront point-lot estate occupies the coveted west tip of Sunset Island III, with unobstructed Downtown Miami skyline views and spectacular sunsets. Designed in 1937 by renowned architect T. Hunter Henderson, the 5-bedroom, 5.5-bath Art Deco residence preserves beautifully restored original details, including arched windows, decorative ironwork, hand-painted Cuban tile floors and staircase. Thoughtful updates include impact windows and doors, Control 4 smart home technology, 3-zone A/C, and dual walk-in closets in the primary suite. A spacious private terrace overlooks Biscayne Bay, while a concrete dock with a 17,000-lb boat lift enhances the waterfront lifestyle. Set on an exceptional 13,771-SF pie-shaped lot, this rare offering presents the opportunity to preserve a piece of Miami Beach history or build your dream waterfront residence in one of the area's most prestigious guard-gated island communities.

4 days
968
54

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Rooms

Room types: Den/Library/Office

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry: Laundry Room

Features

Built-in Features, Kitchen Island, Entrance Foyer, Volume Ceilings
Flooring: Other, Tile, Vinyl, Wood
Doors: High Impact Doors
Windows: High Impact Windows
Has fireplace: Yes

Interior area

Total structure area: 6,111
Total interior livable area: 4,970 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Circular Driveway, Driveway
Attached garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Entry location: First Floor Entry,Foyer
Patio & porch: Open Porch
Exterior features: Lighting, Balcony
Has private pool: Yes
Pool features: In Ground
Has view: Yes
View description: Bay, Pool, Water
Has water view: Yes
Water view: Bay,Water
Waterfront features: Ocean Access, No Fixed Bridges, WF/Pool/Ocean Access, Bay
Frontage type: Bay/Harbor
Frontage length: 100

Lot

Size: 0.32 Acres
Features: Less Than 1/4 Acre Lot

Details

Parcel number: 0232280011770
Zoning: 0800

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete Block Construction
Roof: Other

Condition

Year built: 1937

Utilities & green energy

Sewer: Public Sewer
Water: Municipal Water

Community & HOA

Community

Features: Gated, Other, Security Patrol, Other Subdiv/Park Info
Subdivision: Sunset Islands-Island No

HOA

Has HOA: Yes
HOA fee: $5,000 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $9,054/sqft
Tax assessed value: $11,772,276
Annual tax amount: $15,335
Date on market: 10/15/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
10/15/2026	Listed for sale	$45,000,000+8471.4%$9,054/sqft
Source: MIAMI #A12106623 Report a problem
7/1/1986	Sold	$525,000$106/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,335 +2.8%	$859,052 +2.9%
2024	$14,913 +2.6%	$834,842 +3%
2023	$14,539 +3.8%	$810,527 +3%
2022	$14,011 +0.4%	$786,920 +3%
2021	$13,961 +1.2%	$764,000 +1.4%
2020	$13,797 +2.3%	$753,452 +2.3%
2019	$13,482 +5.2%	$736,513 +1.9%
2018	$12,819	$722,781 +2.1%
2017	$12,819 +0.9%	$707,915 +2.1%
2016	$12,704 -1.1%	$693,355 +0.7%
2015	$12,841 -1.7%	$688,536 +0.8%
2014	$13,062 +5.8%	$683,072 +6.2%
2012	$12,349 +2.1%	$643,493 +3%
2011	$12,097 -4.6%	$624,751 +1.5%
2010	$12,685 +10.3%	$615,519 +2.7%
2009	$11,500 +2.5%	$599,337 +12.4%
2007	$11,223 -12.1%	$533,048
2006	$12,762	--
2005	$12,762 +1.2%	--
2004	$12,610 +3.2%	--
2003	$12,219 +2.5%	--
2002	$11,922	--
2001	$11,922	--