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5625 N Bay Rd, Miami Beach FL 33140

House For Sale
$4,500,000

BTC: 69.23076923

ETH: 2,500.00000000

-$500K (2026/02/18)
326 days
4 bds
4 ba
4,256 sqft

Overview

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.

Location

Details

Type:
Residential
Parking:
Driveway
Year Built:
2008
Lot:
7500 Square Feet
Heating:
Electric
Price/sqft:
$1,057
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$4,370,000
$2.4M – $5.1M
Confidence Low
List vs. estimate
$130K above estimate
List $4,500,000 · +3.0%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,057
-5.5% vs. city median $1,118
Based on
5 MLS comparables
+ 15 public-records sales within 0.5 mi
Median actual sale: $5.0M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$42,818
2024
Pool
In Ground
View
Garden
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Wood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Gas Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Volume Ceilings

    • Walk-In Closet(s)

    • Utility Room/Laundry

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Driveway

    Property

    • Exterior Features: Open Balcony

    Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 02-32-15-003-1320

    • Zoning: 0100

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $42,818

  • Source details

    • MLS ID: A11836669

    Other facts

    • Construction Materials: CBS Construction

    • Laundry Features: Utility Room/Laundry

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Open Balcony

    • Pool Features: In Ground

    • Window Features: Clear Impact Glass / High Impact Windows / Impact Glass

    • Direction Faces: West

    • Architectural Style: Detached / Two Story / Modern/Contemporary

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 4256

    • Water Source: Municipal Water

    • Subdivision Name: LA GORCE GOLF SUB

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

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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: The McClain Group Inc