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Sold for $3,900,000
  • $3,900,000

    5625 N Bay Rd, Miami Beach, FL 33140

    4beds
    4,256sqft
    Single Family Residence
    Built in 2008
    7,500 Square Feet Lot
    $3,899,600 Zestimate®
    $916/sqft
    $22,111 Estimated rent

    Home value

    $3,899,600

    $3.43M - $4.45M

    $22,111/mo

    Zestimate® history
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    $26,934/mo

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    What's special

    High-volume homeElevated base constructionOpen-concept livingOversized poolImpact windows throughoutGenerous grounds
    NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITY Exceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure. The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work. Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.

    Zillow last checked:

    Listing updated:

    Listed by:

    William McClain Jr. williambmcclain@gmail.com,

    The McClain Group Inc

    Bought with:

    Zarko Draskovic, 3277860

    London Foster Realty

    Source: MIAMI,MLS#: A11836669MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Volume Ceilings, Walk-In Closet(s)
    • Flooring: Marble, Wood
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, High Impact Windows, Impact Glass
    Interior area
    • Total structure area: 5,130
    • Total interior livable area: 4,256 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage Door Opener
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Pool Only
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 7,500 sqft
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0232150031320
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern/Contemporary
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Built-Up
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Miami Beach
    • Subdivision: La Gorce Golf Sub

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    6/9/2026Sold$3,900,000-13.3%$916/sqft
    Source: MIAMI #A11836669 Report a problem
    2/18/2026Price change$4,500,000-5.3%$1,057/sqft
    Source: MIAMI #A11836669 Report a problem
    10/15/2025Price change$4,750,000-5%$1,116/sqft
    Source: MIAMI #A11836669 Report a problem
    7/10/2025Listed for sale$5,000,000$1,175/sqft
    Source: MIAMI #A11836669 Report a problem
    5/16/2025Listing removed$5,000,000$1,175/sqft
    Source: MIAMI #A11702904 Report a problem
    1/29/2025Price change$20,000-11.1%$5/sqft
    Source: MIAMI #A11687128 Report a problem
    12/9/2024Price change$22,500-10%$5/sqft
    Source: MIAMI #A11687128 Report a problem
    12/3/2024Listed for sale$5,000,000-24.2%$1,175/sqft
    Source: MIAMI #A11702904 Report a problem
    11/3/2024Listed for rent$25,000+31.6%$6/sqft
    Source: MIAMI #A11687128 Report a problem
    9/22/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    9/19/2022Price change$19,000+8.6%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    9/7/2022Price change$17,500-7.9%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    8/22/2022Price change$19,000-13.6%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    8/6/2022Price change$22,000-12%$5/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    7/9/2022Listed for rent$25,000+25%$6/sqft
    Source: Zillow Rental Manager Report a problem
    5/11/2022Listing removed--
    Source: MIAMI #A11193349 Report a problem
    4/22/2022Listed for sale$6,595,000+449.6%$1,550/sqft
    Source: MIAMI #A11193349 Report a problem
    9/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/28/2021Price change$20,000-11.1%$5/sqft
    Source: Zillow Rental Manager Report a problem
    7/2/2021Listed for rent$22,500+55.2%$5/sqft
    Source: Zillow Rental Manager Report a problem
    8/12/2020Listing removed$14,500$3/sqft
    Source: Premiere Plus Realty Co. #A10889050 Report a problem
    7/7/2020Listed for rent$14,500+11.5%$3/sqft
    Source: Premiere Plus Realty Co. #A10889050 Report a problem
    4/1/2020Listing removed$13,000$3/sqft
    Source: One Sotheby's International Realty #A10800017 Report a problem
    1/15/2020Listed for rent$13,000$3/sqft
    Source: ONE Sotheby's International Realty #A10800017 Report a problem
    8/3/2018Sold$1,200,000-10.4%$282/sqft
    Source: Public Record Report a problem
    4/16/2010Sold$1,340,000+21.8%$315/sqft
    Source: Public Record Report a problem
    12/20/2006Sold$1,100,000+66.7%$258/sqft
    Source: Public Record Report a problem
    1/30/2004Sold$660,000+21.1%$155/sqft
    Source: Public Record Report a problem
    6/26/2000Sold$545,000+36.3%$128/sqft
    Source: Public Record Report a problem
    5/17/1995Sold$400,000$94/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$45,064 +5.2%$2,122,018 +10%
    2024$42,819 +0.6%$1,929,108 +10%
    2023$42,551 +31.2%$1,753,735 +10%
    2022$32,420 +15.9%$1,594,305 +10%
    2021$27,985 -0.8%$1,449,369 -0.5%
    2020$28,197 -0.6%$1,456,463 -0.5%
    2019$28,362 +11%$1,463,558 +7.7%
    2018$25,545 $1,358,454 -17.5%
    2017$25,545 -19.5%$1,645,620 +10%
    2016$31,737 +17.8%$1,496,019 +10%
    2015$26,945 +3.4%$1,360,018 +6.8%
    2014$26,062 +19%$1,273,367 +10%
    2013$21,905 +0%$1,157,607 +8.2%
    2012$21,905 +4.3%$1,070,103 +5.5%
    2011$20,995 +0.5%$1,014,303 +7.2%
    2010$20,882 -9.2%$946,312 -15.4%
    2009$22,998 +26.2%$1,117,972 +23.8%
    2007$18,223 +6.8%$903,284
    2006$17,063 --
    2005$17,063 +21.7%--
    2004$14,024 +10.1%--
    2003$12,742 +80.5%--
    2002$7,058 --
    2001$7,058 --

    Find assessor info on the county website

    Neighborhood: La Gorce

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,899,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,899,600