Rare opportunity to own a waterfront slice of paradise in Miami Beach. One of the last remaining parcels of land in the estate section of North Bay Rd, this 27,702 SF lot offers 150 FT of waterfrontage, open views of the Downtown Miami skyline and picture perfect sunsets. Surrounded by the beauty of Miami Beach and close to the sandy beaches, the location is unparalleled. Situated adjacent to La Gorce Country Club and a short distance away from the luxurious shopping and dining destinations of Bal Harbour, Sunset Harbour, and the Miami Design District, this is a blank canvas for you to build your custom dream home. **Brand new seawall completed in 2022.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.78 miles
Public District Grades PK-5
Middle School
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.65 miles
Public District Grades 6-8
High School
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school2.80 miles
Public District Grades 9-12
Assigned Schools
9
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school1.78 miles
Public District Grades PK-5
Nearby Schools
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.07 miles
Public District Grades PK-5
6
/10
Biscayne Elementary School
800 77th St
Distance between this listing and this school1.54 miles
Public District Grades PK-5
Assigned Schools
5
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school1.65 miles
Public District Grades 6-8
Nearby Schools
8
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school2.27 miles
Public Charter Grades KG-8
2
/10
Horace Mann Middle School
8950 NW 2nd Ave
Distance between this listing and this school4.48 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school2.80 miles
Public District Grades 9-12
Nearby Schools
7
/10
Miami Arts Charter
3900 Biscayne Blvd
Distance between this listing and this school3.97 miles
Public Charter Grades 6-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school4.05 miles
The neighbors living near this home have an average income of $255,489. Residents of Miami Beach, FL typically earn $200k+ each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5840 N Bay Rd
What is the listing price of this property?
The listing price of 5840 N Bay Rd property is $29,520,000.
What type of property is this?
The property 5840 N Bay Rd is a house located in Miami Beach, Florida, 33140.
Is this property for sale now?
Active Listing: 5840 N Bay Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5840 N Bay Rd are: North Beach Elementary School: GreatSchools Rating 9/10Nautilus Middle School: GreatSchools Rating 5/10Miami Beach Senior High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $105,025 (source: MLS/based on county public records data).
What is the square footage of this property?
The sq. ft. of 5840 N Bay Rd is not available (source: MLS/tax record).
Which year was this property built?
The year of construction for 5840 N Bay Rd is 2025.
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This home is located at 5840 N Bay Rd in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This home was built in 2025. It has been listed on Rocket Homes since February 08, 2023 and is currently priced at $29,520,000.
Miami Beach, FL housing market in March 2024 saw over 6 listings sold above listed price, more than 12 sold at listed price and over 118 sold below. The number of homes for sale in Miami Beach, FL increased by 8.6% between February 2024 and March 2024. Listings spent 85 days on the market in March 2024, and had a median list price of $569,797 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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