The ultimate waterfront residence for luxury living! Situated on prestigious North Bay Road in Miami Beach, this home boasts extraordinary west-facing city views. Fully furnished 7 bedrooms, 7 bathrooms, 2 half-bathrooms residence with extravagant wet bar, indoor water feature, home theater, chef s kitchen with commercial-grade appliances, gym, open floor plan with ample natural light with easy access to outdoors. This private + gated home with unmatched indoor/outdoor living spaces features a sensational roof top terrace, balconies, heated saltwater swimming pool + spa, covered summer kitchen with BBQ, full outdoor cabana bathroom, boat dock, 70' of waterfront, + 4-car garage with lift.
Sold for $25,700,000
$25,700,000
5718 N Bay Rd, Miami Beach, FL 33140
7beds
9baths
7,767sqft
SingleFamily
Built in 2022
0.36 Acres Lot
$27,260,100 Zestimate®
$3,309/sqft
$186,060 Estimated rent
Home value
$27,260,100
$22.08M - $33.26M
$186,060/mo
Zestimate® history
Owner options
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$186,060/mo
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$186,060/mo
Rent Zestimate®
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$177,154/mo
Est. payment
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$177,154/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 9
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Other
- Furnished: Yes
Interior area
- Total interior livable area: 7,767 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off-street
Features
- Exterior features: Stucco
- Has view: Yes
- View description: yes
Lot
- Size: 0.36 Acres
Details
- Parcel number: 0232150030310
Construction
Type & style
- Home type: SingleFamily
Materials
- concrete
- Roof: Other
Condition
- Year built: 2022
Community & HOA
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $3,309/sqft
- Tax assessed value: $21,115,070
- Annual tax amount: $396,121
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Sold | $25,700,000-26.5%$3,309/sqft |
Source: Public Record Report a problem | ||
| 8/5/2024 | Price change | $34,950,000-6.8%$4,500/sqft |
Source:  MIAMI #A11472989 Report a problem | ||
| 7/1/2024 | Price change | $37,500,000-5.1%$4,828/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 6/7/2024 | Price change | $39,500,000-1.3%$5,086/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 3/4/2024 | Price change | $40,000,000-5.9%$5,150/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 2/7/2024 | Price change | $42,500,000-10.5%$5,472/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 1/2/2024 | Price change | $47,500,000-9.5%$6,116/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 10/23/2023 | Listed for sale | $52,500,000-31.4%$6,759/sqft |
Source: MIAMI #A11472989 Report a problem | ||
| 8/4/2023 | Listing removed | -- |
Source: MIAMI #A11339598 Report a problem | ||
| 2/7/2023 | Listed for sale | $76,500,000+668.8%$9,849/sqft |
Source: MIAMI #A11339598 Report a problem | ||
| 12/1/2022 | Listed for rent | $350,000$45/sqft |
Source: BHHS EWM Realty #A11188748 Report a problem | ||
| 12/11/2017 | Listing removed | $9,950,000$1,281/sqft |
Source: EWM Miami Beach #A10146570 Report a problem | ||
| 9/12/2016 | Listed for sale | $9,950,000+4.8%$1,281/sqft |
Source: EWM Realty International #A10146575 Report a problem | ||
| 6/5/2015 | Listing removed | $9,495,000$1,222/sqft |
Source: LenCor International Prop. Inc #A1972766 Report a problem | ||
| 11/24/2014 | Price change | $9,495,000-0.1%$1,222/sqft |
Source: LenCor International Prop. Inc #A1972766 Report a problem | ||
| 10/10/2014 | Price change | $9,500,000-9.5%$1,223/sqft |
Source: LenCor International Prop. Inc #A1972766 Report a problem | ||
| 7/4/2014 | Listed for sale | $10,500,000+213.4%$1,352/sqft |
Source: LenCor International Prop. Inc #A1972333 Report a problem | ||
| 5/19/2010 | Sold | $3,350,000$431/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $396,121 +42.1% | $21,115,070 +42% |
| 2024 | $278,685 +2.4% | $14,871,733 +3% |
| 2023 | $272,064 +373.6% | $14,438,576 +366% |
| 2022 | $57,445 +0.3% | $3,098,578 +3% |
| 2021 | $57,295 -13.3% | $3,008,329 -12.9% |
| 2020 | $66,075 +2.2% | $3,453,844 +2.3% |
| 2019 | $64,635 +5% | $3,376,192 +1.9% |
| 2018 | $61,531 | $3,313,241 +2.1% |
| 2017 | $61,531 +0.8% | $3,245,095 +2.1% |
| 2016 | $61,019 -1.2% | $3,178,350 +0.7% |
| 2015 | $61,732 -1.7% | $3,156,257 +0.8% |
| 2014 | $62,801 -13% | $3,131,208 -13.7% |
| 2013 | $72,212 +0% | $3,628,565 +1.7% |
| 2012 | $72,212 +27.1% | $3,567,911 +30% |
| 2011 | $56,798 +127.4% | $2,743,962 +134% |
| 2010 | $24,977 +10.2% | $1,172,557 +2.7% |
| 2009 | $22,658 +3.8% | $1,141,731 +5.5% |
| 2007 | $21,836 -12.2% | $1,082,370 |
| 2006 | $24,862 | -- |
| 2005 | $24,862 +1.1% | -- |
| 2004 | $24,581 +3.1% | -- |
| 2003 | $23,844 +2.4% | -- |
| 2002 | $23,292 | -- |
| 2001 | $23,292 | -- |
Find assessor info on the county website
Neighborhood: La Gorce
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$27,260,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$27,260,100
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- La Gorce
- 5718 N Bay Rd
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