5840 N Bay Rd

$39,500,000
Price
27,702 / 0.64
Lot Size / Acres

Description

One of the very few remaining grand waterfront offerings on North Bay Road, this exceptional property presents a rare opportunity to create an iconic Miami Beach estate. Set on a massive 27,700 SF lot with 150 feet of prime bay frontage, the property showcases unobstructed, sweeping views of the downtown Miami skyline — an extraordinary backdrop for a masterpiece residence. Ideally positioned in one of Miami Beach’s most coveted enclaves, the property offers the privacy, scale, and exclusivity sought...One of the very few remaining grand waterfront offerings on North Bay Road, this exceptional property presents a rare opportunity to create an iconic Miami Beach estate. Set on a massive 27,700 SF lot with 150 feet of prime bay frontage, the property showcases unobstructed, sweeping views of the downtown Miami skyline — an extraordinary backdrop for a masterpiece residence. Ideally positioned in one of Miami Beach’s most coveted enclaves, the property offers the privacy, scale, and exclusivity sought by discerning buyers. With its tremendous footprint and premier address, the site provides an exceptional opportunity to create an iconic waterfront residence that balances privacy, scale, and timeless Miami luxury living.
  1. Listed by Cyril Matz • Douglas Elliman

Property Details for 5840 North Bay Road

Subdivision
LA GORCE GOLF SUB
Waterfront
Yes
Waterfront Description
Bay Front, No Fixed Bridges, Ocean Access, Seawall
Area
32
LISTING UPDATED: 11/03/2025 09:05 AM

Property Details for 5840 North Bay Road

StatusActive
MLS #A11906157
Days on Market91
Taxes$246,967 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.64 AC
CountyMiami-Dade County

Location

Listing Courtesy of Douglas Elliman
Add your commute

Building Information for 5840 North Bay Road

Building Size-Lot Size0.64 AC

Payment Calculator

$213,097 per month

30 year fixed, 6.15% Interest

Principal and Interest

$192,516

Property Taxes

$20,581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5840 North Bay Road

Location Information
Location Information
  • Parcel Number Free Text: 02-32-15-003-0240
  • Parcel Number MLX: 0240
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 15
  • Subdivision Number: 3
  • Subdivision Complex Bldg: LA GORCE GOLF SUB
  • Zoning Information: 2100
General Information
General Information
  • Usage Description: Check Land Use Plan
  • Front Exposure: West
Additional Property Information
Additional Property Information
  • Guest Accommodations: No
  • Miscellaneous Improvements: Other
Financial Information
Financial Information
  • Flood Zone: AE
  • Tax Year: 2024

Property History for 5840 North Bay Road

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Listed (Active)

MiamiRE #A11906157

$39,500,000
Apr 21, 2025

Sold

MiamiRE #A11690449

$22,850,000
Apr 18, 2025

Sold (Public Record)

Public Record #1556955902

$22,850,000

+49.0% / yr

Dec 28, 2024

Pending

MiamiRE #A11690449

Dec 28, 2024

Backup Contract

MiamiRE #A11690449

Nov 8, 2024

Listed (Active)

MiamiRE #A11690449

$28,800,000
Jul 1, 2024

Cancelled

MiamiRE #A11334943

Apr 29, 2024

Cancelled

MiamiRE #A11334960

Mar 24, 2023

Price Change

MiamiRE #A11334960

$29,520,000
Mar 23, 2023

Price Change

MiamiRE #A11334943

$29,520,000
Feb 8, 2023

Listed (Active)

MiamiRE #A11334943

$33,900,000
Feb 8, 2023

Listed (Active)

MiamiRE #A11334960

$33,900,000
Dec 18, 2020

Sold

MiamiRE #A10954473

$16,504,000
Nov 19, 2020

Pending

MiamiRE #A10954473

Nov 3, 2020

Listed (Active)

MiamiRE #A10954473

$17,900,000
Jun 4, 2020

Sold (Public Record)

Public Record #669658416

$3,273,200

-56.2% / yr

Sep 27, 2019

Sold

MiamiRE #A10679836

$13,500,000
Sep 18, 2019

Pending

MiamiRE #A10679836

Aug 12, 2019

Price Change

MiamiRE #A10679836

$14,900,000
Jul 10, 2019

Price Change

MiamiRE #A10679836

$7,900,000
May 24, 2019

Cancelled

MiamiRE #A10679814

May 24, 2019

Temp Off Market

MiamiRE #A10679814

May 24, 2019

Listed (Active)

MiamiRE #A10679814

$10,000,000
May 24, 2019

Listed (Active)

MiamiRE #A10679836

$8,900,000
May 9, 2019

Cancelled

MiamiRE #A10618803

Feb 14, 2019

Listed (Active)

MiamiRE #A10618803

$25,000,000
Sep 6, 2018

Sold

MiamiRE #A10330275

$13,850,000
Sep 4, 2018

Sold (Public Record)

Public Record #630797841

$13,850,000

-2.5% / yr

Feb 21, 2018

Pending

MiamiRE #A10330275

Aug 16, 2017

Listed (Active)

MiamiRE #A10330275

$15,250,000
Apr 26, 2017

Expired

MiamiRE #A10069436

Apr 25, 2017

Expired

MiamiRE #A10071168

Apr 21, 2016

Listed (Active)

MiamiRE #A10071168

$16,900,000
Apr 19, 2016

Listed (Active)

MiamiRE #A10069436

$16,900,000
Dec 24, 2015

Expired

MiamiRE #A2137361

Jun 17, 2015

Listed (Active)

MiamiRE #A2137361

$19,950,000
Jan 29, 2015

Cancelled

MiamiRE #A1927413

Nov 17, 2014

Sold (Public Record)

Public Record #483248685

$15,250,000
Nov 17, 2014

Sold

MiamiRE #A1927296

$15,250,000
Aug 19, 2014

Pending

MiamiRE #A1927296

Mar 27, 2014

Listed (Active)

MiamiRE #A1927413

$15,900,000
Mar 27, 2014

Listed (Active)

MiamiRE #A1927296

$15,900,000
DateEvent & SourcePrice
10/31/2025

Listed (Active)

MiamiRE #A11906157

$39,500,000
04/21/2025

Sold

MiamiRE #A11690449

$22,850,000
04/18/2025

Sold (Public Record)

Public Record #1556955902

$22,850,000

+49.0% / yr

12/28/2024

Pending

MiamiRE #A11690449

12/28/2024

Backup Contract

MiamiRE #A11690449

11/08/2024

Listed (Active)

MiamiRE #A11690449

$28,800,000
07/01/2024

Cancelled

MiamiRE #A11334943

04/29/2024

Cancelled

MiamiRE #A11334960

03/24/2023

Price Change

MiamiRE #A11334960

$29,520,000
03/23/2023

Price Change

MiamiRE #A11334943

$29,520,000
02/08/2023

Listed (Active)

MiamiRE #A11334943

$33,900,000
02/08/2023

Listed (Active)

MiamiRE #A11334960

$33,900,000
12/18/2020

Sold

MiamiRE #A10954473

$16,504,000
11/19/2020

Pending

MiamiRE #A10954473

11/03/2020

Listed (Active)

MiamiRE #A10954473

$17,900,000
06/04/2020

Sold (Public Record)

Public Record #669658416

$3,273,200

-56.2% / yr

09/27/2019

Sold

MiamiRE #A10679836

$13,500,000
09/18/2019

Pending

MiamiRE #A10679836

08/12/2019

Price Change

MiamiRE #A10679836

$14,900,000
07/10/2019

Price Change

MiamiRE #A10679836

$7,900,000
05/24/2019

Cancelled

MiamiRE #A10679814

05/24/2019

Temp Off Market

MiamiRE #A10679814

05/24/2019

Listed (Active)

MiamiRE #A10679814

$10,000,000
05/24/2019

Listed (Active)

MiamiRE #A10679836

$8,900,000
05/09/2019

Cancelled

MiamiRE #A10618803

02/14/2019

Listed (Active)

MiamiRE #A10618803

$25,000,000
09/06/2018

Sold

MiamiRE #A10330275

$13,850,000
09/04/2018

Sold (Public Record)

Public Record #630797841

$13,850,000

-2.5% / yr

02/21/2018

Pending

MiamiRE #A10330275

08/16/2017

Listed (Active)

MiamiRE #A10330275

$15,250,000
04/26/2017

Expired

MiamiRE #A10069436

04/25/2017

Expired

MiamiRE #A10071168

04/21/2016

Listed (Active)

MiamiRE #A10071168

$16,900,000
04/19/2016

Listed (Active)

MiamiRE #A10069436

$16,900,000
12/24/2015

Expired

MiamiRE #A2137361

06/17/2015

Listed (Active)

MiamiRE #A2137361

$19,950,000
01/29/2015

Cancelled

MiamiRE #A1927413

11/17/2014

Sold (Public Record)

Public Record #483248685

$15,250,000
11/17/2014

Sold

MiamiRE #A1927296

$15,250,000
08/19/2014

Pending

MiamiRE #A1927296

03/27/2014

Listed (Active)

MiamiRE #A1927413

$15,900,000
03/27/2014

Listed (Active)

MiamiRE #A1927296

$15,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5840 North Bay Road

Taxable ValueLand$16,676,604Additions$6,342Total$16,682,946
Tax Record2024$243,858 ($20,321 / month)
Home Facts
Beds6Total Finished SqFt6,218 SqFtAbove Grade Finished SqFt6,218 SqFtStories1Lot Size27,702 SqFtStyleResidentialYear Built1929Zoning2100:ESTATES,CountyMIAMI-DADEAPN02-3215-003-0240

Schools near 5840 North Bay Road

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Beach Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

5840 North Bay Road is a 0.64 ac of land for sale in Miami Beach, FL 33140. This property was listed for sale on October 31, 2025 by Douglas Elliman, it's currently listed at $39,500,000. It has been on the market for a total of 91 days and was last sold on April 21, 2025. This listing's school district is Miami-Dade County Public Schools. Nearby schools include North Beach Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 5840 North Bay Road is a 0-bed, 0-bath, 0.64 ac of land on a 27,702 sq. ft. / 0.64 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Douglas Elliman

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.