5020 Biscayne Boulevard, Miami FL 33137 | Miami-Dade County | R10941072
- $25,000,000
- $25,000,000
Description
Investment Grade-Credit Tenant, 1.5 Year Lease left-Commercial Zoned C-1 Building, Private Gated- State of the Art Recording Studio-Half Acre Lot, 16 Parking Spaces, 34 Camera Security System, 5+ Offices, 8 Restrooms, 2 Conference, 3 Artist lounges W/ Kitchenettes. 4,500SF Studio for Video & Photography, with over $500,000 Of Equipment, SSL (Solid State Logic) 9000 J Series recording and mixing console; Active Mains (studio loud speakers, valued over $20,000 a pair) 4 Fully Equipped isolation rooms with fully wired microphone and DI panels -TT patch bay -Non-right angular wall construction (this is to diffuse sound waves in non parallel angles)-Discrete walls for artist privacy-Electrical outlets installed with ground pins on top-Prime Location in the heart of the Design District.
Property Overview
This is a -bedroom, 8-bath home of about square feet at 5020 Biscayne Boulevard, Miami FL 33137 (Miami 33137), listed at $25,000,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $84,390 (2023). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $500,000/yr (≈ $41,667/mo); with the homestead exemption on a primary residence, about $499,000/yr (≈ $41,583/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 5020 Biscayne Boulevard is $25,000,000. While the MLS does not specify the furnished status, fixtures and built-in appliances are generally included with the home—always confirm specifics before closing. Community amenities, if any, would be shared through the HOA and not part of the home itself.
For precise details on what conveys or to discuss this exceptional property, contact Christopher Lazaro, Miami Real Estate Professional, directly. His expertise ensures every detail is verified for your protection.
Where exactly is it, and what should I know about the location?
5020 Biscayne Boulevard is a prestigious waterfront estate in Miami, Florida 33137, positioned along the coveted Biscayne coastal corridor with direct bay access. This prime location offers both privacy and proximity to Miami’s cultural hubs, just minutes from the Design District and Bal Harbour’s luxury shopping. For exact details on the neighborhood’s zoning or future development plans, contact Christopher Lazaro, Miami Real Estate Professional, to discuss how this aligns with your vision.
Alternatively, Christopher can arrange a private tour to experience the property’s unmatched setting firsthand—reach him directly for verified insights.
What are the HOA / association fees, and what do they cover?
5020 Biscayne Boulevard is a rare single-family residence with no mandatory HOA—meaning no association fees or restrictive covenants. As the owner, you’d manage all utilities, landscaping, and upkeep directly, offering full autonomy while still adhering to Miami’s city ordinances. For complete clarity on local regulations or to explore this $25,000,000 estate further, contact Christopher Lazaro, Miami Real Estate Professional, for personalized guidance.
What are the property taxes and homestead implications?
The current tax of record for 5020 Biscayne Boulevard is $84,390 (2023). As an estimate only — Florida reassesses upon sale — at the $25,000,000 list price and a Miami-Dade rate near 2.0%, annual property taxes would approximate $500,000 (≈ $41,667/month) without homestead. With Florida's homestead exemption, which reduces taxable value exclusively for primary residences, the estimate drops slightly to about $499,000/year (≈ $41,583/month). These are projections, not guarantees — consult the Miami-Dade Property Appraiser and a tax specialist for precise figures. For personalized guidance, contact Christopher Lazaro, Miami Real Estate Professional, to review your specific scenario.
Is the home in a flood zone, and what does that mean?
5020 Biscayne Boulevard is in a high-risk flood zone (FEMA's AE zone), meaning it has a 1% annual chance of flooding and a 26% chance over a 30-year mortgage. View the FEMA flood map for this address to confirm specifics—lenders often require flood insurance here, which we can discuss in detail. For precise risk assessment and mitigation strategies, consult Christopher Lazaro, Miami Real Estate Professional, who navigates these complexities daily.
Are pets allowed?
As a single-family home at 5020 Biscayne Boulevard, this $25,000,000 property has no condo or HOA restrictions—pet approval rests solely with the owner, within local ordinances and lease terms if applicable. Documented service animals and emotional support animals are protected under federal law. For clarity on current policies or to discuss this exceptional Miami residence, contact Christopher Lazaro, Miami Real Estate Professional, directly.
How is the price set and is there room to negotiate?
In Miami's current market, single-family homes are closing at 95% of original list price, averaging 41 days to contract (MIAMI REALTORS®, May 2026). For 5020 Biscayne Boulevard, we anchored the $25,000,000 listing to a competitive CMA, weighing recent sales, waterfront premiums, and the home's 8-bedroom luxury footprint. Miami pricing is hyper-local—let’s review a fresh CMA together before drafting your offer. Reach out to Christopher Lazaro, Miami Real Estate Professional, to confirm the latest comparables and discuss strategy.
What financing step do you recommend before touring?
Before touring 5020 Biscayne Boulevard, I strongly recommend securing a pre-approval from a Florida-licensed mortgage originator — this link connects you with trusted professionals. A pre-approval clarifies your budget and strengthens your position when presenting an offer on this $25,000,000 property. For personalized guidance or to verify financing options, reach out directly to Christopher Lazaro, Miami Real Estate Professional.
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
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Address: Biscayne
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City: Miami
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Zip/Postal Code: 33137
Details
Updated on July 5, 2026 at 11:37 pm-
Property ID R10941072
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Price $25,000,000
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Bathrooms 8
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Year Built 1949
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Property Status Active, Commercial Sale
Additional details
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Flooring Carpet, Concrete, Marble, Slate
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Cooling Central Air, Zoned
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Annual Tax 84390
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Association No
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Total Stories 2
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Heating Central, Zoned
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Tax Year 2023
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Construction Concrete Block Construction, CBS Construction
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Building Area 14685
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Year Built Details Resale
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Inclusions Building Only, Business And Building
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New Construction No
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Lot Size (Sq Ft) 0
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