Set on one of the last large waterfront parcels in Miami Beach’s prestigious North Bay estate section, 5840 N Bay Road presents a rare and remarkable opportunity to craft a legacy residence in an exclusive enclave. With 150’ of unobstructed bayfront views, direct sightlines to the Miami skyline, and a readiness for a multi-structure estate of up to 13,587 SF+/-, this land offers an extraordinary canvas for luxury living. Envisioned for the most discerning buyer, this property combines the elegance of North Bay Road with modern Miami vibrancy—ready to become a private, luxurious escape that captures the true spirit of Miami Beach.
Sold for $22,850,000
$22,850,000
5840 N Bay Rd, Miami Beach, FL 33140
--beds
--baths
0.62Acres
Unimproved Land
Built in ----
0.62 Acres Lot
$-- Zestimate®
$--/sqft
$6,548 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,548/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Zachary Vichinsky 631-484-5706,
Bespoke Real Estate Florida LLC,
Jill Hertzberg 305-788-5455,
Coldwell Banker Realty
Bought with:
Cyril Matz, 3110560
Douglas Elliman
Source: MIAMI,MLS#: A11690449
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Property
Features
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Seawall, Bay
- Frontage type: Bay/Harbor
- Frontage length: 150
Lot
- Size: 0.62 Acres
- Features: 1/2 To Less Than 3/4 Acre Lot, Cleared, Other
- Residential vegetation: No Trees
Details
- Additional structures: None
- Parcel number: 0232150030240
- Zoning: 2100
Community & HOA
Community
- Subdivision: La Gorce Golf Sub
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Tax assessed value: $18,012,546
- Annual tax amount: $246,967
- Date on market: 11/8/2024
- Listing terms: All Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Listing removed | $39,500,000 |
Source:  Douglas Elliman #A11906157 Report a problem | ||
| 10/31/2025 | Listed for sale | $39,500,000+72.9% |
Source: Douglas Elliman #A11906157 Report a problem | ||
| 4/21/2025 | Sold | $22,850,000-20.7% |
Source:  MIAMI #A11690449 Report a problem | ||
| 1/17/2025 | Pending sale | $28,800,000 |
Source: MIAMI #A11690449 Report a problem | ||
| 11/8/2024 | Listed for sale | $28,800,000-2.4% |
Source: MIAMI #A11690449 Report a problem | ||
| 7/1/2024 | Listing removed | -- |
Source: MIAMI #A11334943 Report a problem | ||
| 3/23/2023 | Price change | $29,520,000-12.9% |
Source: MIAMI #A11334943 Report a problem | ||
| 2/8/2023 | Listed for sale | $33,900,000+105.4% |
Source: MIAMI #A11334960 Report a problem | ||
| 12/18/2020 | Sold | $16,504,000-7.8% |
Source: MIAMI #A10954473 Report a problem | ||
| 11/9/2020 | Listed for sale | $17,900,000+446.9% |
Source: Coldwell Banker Realty #A10954473 Report a problem | ||
| 6/5/2020 | Sold | $3,273,200-75.8% |
Source: Public Record Report a problem | ||
| 9/27/2019 | Sold | $13,500,000-9.4% |
Source: MIAMI #A10679836 Report a problem | ||
| 9/18/2019 | Pending sale | $14,900,000 |
Source: Calibre International Realty #A10679836 Report a problem | ||
| 8/12/2019 | Price change | $14,900,000+88.6% |
Source: Calibre International Realty #A10679836 Report a problem | ||
| 7/10/2019 | Price change | $7,900,000-11.2% |
Source: Calibre International Realty #A10679836 Report a problem | ||
| 5/28/2019 | Price change | $8,900,000-11% |
Source: Calibre International Realty #A10679836 Report a problem | ||
| 5/24/2019 | Price change | $10,000,000-50% |
Source: Calibre International Realty #A10679814 Report a problem | ||
| 3/27/2019 | Price change | $20,000,000-20% |
Source: Calibre International Realty #A10618803 Report a problem | ||
| 2/14/2019 | Listed for sale | $25,000,000+80.5% |
Source: Calibre International Realty #A10618803 Report a problem | ||
| 9/6/2018 | Sold | $13,850,000-9.2% |
Source:  MIAMI #A10330275 Report a problem | ||
| 6/29/2018 | Pending sale | $15,250,000 |
Source: Coldwell Banker Residential Real Estate #A10330275 Report a problem | ||
| 6/29/2018 | Listed for sale | $15,250,000 |
Source: Coldwell Banker Residential Real Estate #A10330275 Report a problem | ||
| 4/3/2018 | Listing removed | $15,250,000 |
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10330275 Report a problem | ||
| 2/21/2018 | Pending sale | $15,250,000 |
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10330275 Report a problem | ||
| 8/18/2017 | Listed for sale | $15,250,000-9.8% |
Source: Coldwell Banker Residential Real Estate - Miami Beach Lincoln Building #A10330275 Report a problem | ||
| 10/20/2016 | Listing removed | $16,900,000 |
Source: Douglas Elliman #A10069436 Report a problem | ||
| 4/22/2016 | Listed for sale | $16,900,000+10.8% |
Source: Douglas Elliman Report a problem | ||
| 11/18/2014 | Sold | $15,250,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $269,218 +9% | $12,347,603 +10% |
| 2024 | $246,967 +4.5% | $11,225,094 +10% |
| 2023 | $236,233 +20.2% | $10,204,631 +10% |
| 2022 | $196,457 +20.6% | $9,276,938 +10% |
| 2021 | $162,836 +55% | $8,433,580 +55.5% |
| 2020 | $105,025 -0.1% | $5,424,964 0% |
| 2019 | $105,129 -40.5% | $5,425,011 -42.2% |
| 2018 | $176,609 | $9,391,995 -20% |
| 2017 | $176,609 -21% | $11,738,549 -20.4% |
| 2016 | $223,537 -17.8% | $14,753,866 +7.5% |
| 2015 | $272,024 +496.1% | $13,730,044 +500.5% |
| 2014 | $45,638 +2.5% | $2,286,431 +1.5% |
| 2013 | $44,517 0% | $2,252,642 +1.7% |
| 2012 | $44,518 +1.9% | $2,214,988 +3% |
| 2011 | $43,678 -4.7% | $2,150,474 +1.5% |
| 2010 | $45,855 +10.2% | $2,118,694 +2.7% |
| 2009 | $41,609 -8.4% | $2,062,994 |
| 2006 | $45,412 | -- |
| 2005 | $45,412 +1.1% | -- |
| 2004 | $44,915 +3% | -- |
| 2003 | $43,590 +2.3% | -- |
| 2002 | $42,605 | -- |
| 2001 | $42,605 | -- |
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: 1.8 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.7 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.8 mi
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- La Gorce
- 5840 N Bay Rd
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