1 month on rocket

5851 N Bay Rd, Miami Beach, FL, 33140

$3,950,000

3 Bedrooms
4 Full Baths, 1 Partial
2,889 SqFt
$1,367/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Driveway, Garage
Attached Garage2 spaces
Year Built1937
HeatingCentral
CoolingCentral Air
ViewNone
MLS #A11557746
StatusActive

About 5851 N Bay Rd

Location Location Location! UPPER NORTH BAY ROAD. Rare and special opportunity to build your dream home here. New walkway to the water at 59th just completed to see the sunsets at the end of the day. Possible double lot /triple lot by purchasing the lots on each side (see broker comments)

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Mediterranean, Spanish/Mediterranean
  • Year Built: 1937
  • Living Area: 2,889 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Kevin Crego

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile, Wood
  • Interior: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence, Storm/Security Shutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 5851 N Bay Rd

Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • North Beach Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,950,000
  • Price Per SqFt: $1,367/SqFt

Tax Information:

  • Annual Amount: $7,566
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

5851 N Bay Rd vs Miami Beach

30 DAYS ON ROCKET

-55 Days

$3,950,000

+$3.3M More

$1,367/SqFt

+$793 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $793/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11557746

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Kevin Crego

IDX © 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 10:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,566$431,603
2018$7,013$414,034
2017$6,945$405,519

History based on county public records data.

Payment Calculator

$19.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.9K

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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

school-card-donut-1680743
9
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.80 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1680744
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 1.67 miles

  • Public District Grades 6-8

High School

school-card-donut-1680745
5
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 2.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,524. Typical income of Miami Beach, FL residents is $200k+ annually. Residents typically live in married, with kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5851 N Bay Rd

What is the listing price of this property?

The listing price of 5851 N Bay Rd property is $3,950,000.

What type of property is this?

The property 5851 N Bay Rd is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5851 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 5851 N Bay Rd are:
North Beach Elementary School: GreatSchools Rating 9/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami 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 $7,566 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5851 N Bay Rd has 3 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5851 N Bay Rd is 2,889 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5851 N Bay Rd is 1937.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331405851 N Bay Rd

This home is located at 5851 N Bay Rd in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This 2,889 square foot home was built in 1937. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $3,950,000.

While more than 6 listings in Miami Beach, FL in March 2024 were sold above asking price, there were more than 12 listings sold at asking price, and more than 118 were sold below. The inventory of homes for sale in Miami Beach, FL between February 2024 and March 2024 increased by 8.6%. The median list price of listings available in March 2024 was $569,797, while the average time on the real estate market was 85 days.

From Rocket Homes Real Estate and based on county public records data.

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