5625 N Bay Rd, Miami Beach FL 33140 | Miami-Dade County | A11836669
- $4,500,000
- Single Family Residence
- 4
- 4.5
- 1
- 4256 Sq Ft
- $4,500,000
Description
NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITY
Exceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure.
The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work.
Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.
Property Overview
This is a 4-bedroom, 4.5-bath home of about 4256 square feet at 5625 N Bay Rd, Miami Beach FL 33140 (Miami Beach 33140), listed at $4,500,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $42,818 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $90,000/yr (≈ $7,500/mo); with the homestead exemption on a primary residence, about $89,000/yr (≈ $7,417/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 5625 N Bay Rd is $4,500,000. Fixtures, built-in appliances, and the in-ground private pool convey with the property, while shared community amenities remain separate from the home's ownership.
The MLS record does not state if the home is furnished; you must confirm which specific items convey. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details and request the list of on-site amenities.
Where exactly is it, and what should I know about the location?
The property is located at 5625 N Bay Rd, Miami Beach FL 33140, situated within a coastal corridor of Miami Beach 33140. This location places the home in a specific waterfront environment.
Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify location details.
What are the HOA / association fees, and what do they cover?
There is no mandatory HOA for this single-family home. The owner handles all utilities and property upkeep. The property remains subject to city ordinances, which can be reviewed at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances.
Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $42,818 (2024). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the cost is about $90,000/yr (≈ $7,500/mo) without homestead, or about $89,000/yr (≈ $7,417/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these figures.
Is the home in a flood zone, and what does that mean?
Flood zones indicate the likelihood of flooding at a specific location. You can find FEMA definitions for these zones and View the FEMA flood map for this address to see the status of 5625 N Bay Rd. Lenders often require flood insurance in high-risk zones.
Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these details.
Are pets allowed?
This is a single-family home. No condo or HOA board dictates a pet policy, so pets are at the owner's discretion and subject to city or county ordinances and any existing lease. Documented service animals and ESAs carry separate federal protections.
Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify details.
How is the price set and is there room to negotiate?
Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). The $4,500,000 list price for 5625 N Bay Rd is derived from a CMA.
I provide a Miami Beach-specific CMA to ensure your offer is precise. Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these figures.
What financing step do you recommend before touring?
Secure a pre-approval before touring 5625 N Bay Rd to ensure your offer is competitive. You should connect with a Florida-licensed mortgage originator to establish your buying power for this $4,500,000 property.
Contact Christopher Lazaro, Miami Beach Real Estate Advisor, to verify these requirements.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Bay Rd
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33140
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Area: LA GORCE GOLF SUB
Details
Updated on June 8, 2026 at 11:47 am-
Property ID A11836669
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Price $4,500,000
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Property Size 4256 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 4.5
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Garage 1
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Year Built 2008
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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Flooring Marble, Wood
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Bedroom Features At Least 1 Bedroom Ground Level
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Cooling Central Air
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Association Type None
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Building LA GORCE GOLF SUB
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Area La Gorce Golf Sub
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Annual Tax 42818
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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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Full Bathrooms 4
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Subdivision LA GORCE GOLF SUB
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Restrictions No Restrictions, Ok To Lease
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Parking Driveway
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Heating Electric
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Structure Type Pool Only, House
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Tax Year 2024
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Construction CBS Construction
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Building Area 5130
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Covered Spaces 1
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View Garden
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Year Built Details Effective Year Built
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Pets Allowed Yes
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Half Bathrooms 1
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Flood Zone AE
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Patio / Porch Open Balcony
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New Construction No
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Garage Spaces 1
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Style Pool Only
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Lot Size (Sq Ft) 7500
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Membership Purchase Required No
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