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2312 Bay Ave, Miami Beach FL 33140

House For Sale
$45,000,000

BTC: 553.09734513

ETH: 18,503.28947368

New
Waterfront
5 bds
5 ba
4,970 sqft

Overview

Offered for the first time in 40 years, this gated waterfront point-lot estate occupies the coveted west tip of Sunset Island III, with unobstructed Downtown Miami skyline views and spectacular sunsets. Designed in 1937 by renowned architect T. Hunter Henderson, the 5-bedroom, 5.5-bath Art Deco residence preserves beautifully restored original details, including arched windows, decorative ironwork, hand-painted Cuban tile floors and staircase. Thoughtful updates include impact windows and doors, Control 4 smart home technology, 3-zone A/C, and dual walk-in closets in the primary suite. A spacious private terrace overlooks Biscayne Bay, while a concrete dock with a 17,000-lb boat lift enhances the waterfront lifestyle. Set on an exceptional 13,771-SF pie-shaped lot, this rare offering presents the opportunity to preserve a piece of Miami Beach history or build your dream waterfront residence in one of the area's most prestigious guard-gated island communities.

Location

Florida • Miami Beach • 33140 • House • For Sale • Waterfront

Details

Type:
Residential
Parking:
Circular Driveway / Driveway
Year Built:
1937
Lot:
13771 Square Feet
Heating:
Central
Price/sqft:
$9,054
Cooling:
Central Air
HOA:
$5,000

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $2.2M
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$15,335
2025
HOA
$5,000/mo
Pool
In Ground
View
Bay, Pool
Waterfront
Ocean Access, No Fixed Bridges
Garage
2 car garage
All facts and features

  • Flooring

    • Other

    • Tile

    • Vinyl

    • Wood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    • Built-in Features

    • Cooking Island

    • Entrance Foyer

    • Volume Ceilings

    • Den/Library/Office

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 5

  • Parking

    • Circular Driveway

    • Driveway

    Property

    • Exterior Features: Lighting / Open Balcony

    Lot

    • Lot: 13771 Square Feet

    Other Property Information

    • Parcel Number: 02-32-28-001-1770

    • Zoning: 0800

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • HOA: $5,000

    • HOA Frequency: Monthly

    • Annual tax amount: $15,335

  • Source details

    • MLS ID: A12106623

    Other facts

    • Construction Materials: Concrete Block Construction

    • Fireplace Features: Fireplace

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony / Open Porch

    • Pool Features: In Ground

    • Window Features: High Impact Windows

    • Direction Faces: East

    • Architectural Style: Detached / Two Story

    • Waterfront: Yes

    • Fireplace: Yes

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 4970

    • Water Source: Municipal Water

    • Subdivision Name: SUNSET ISLANDS-ISLAND NO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33140
220
median $825K
Active
Same city
Miami Beach
1,036
median $649K
Active
Same type
House
158
median $2.8M
Active
Similar price
$31.5M – $58.5M
6
median $41.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty