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
    P: (305)-677-5000 C: (305)-926-2600 cyril.matz@elliman.com

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: 04/27/2026 01:04 PM

Property Details for 5840 North Bay Road

StatusActive
MLS #A11906157
Days on Market181
Taxes$246,967 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.64 AC
CountyMiami-Dade County

Location

Listing Courtesy of Douglas Elliman
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Building Information for 5840 North Bay Road

Building Size-Lot Size0.64 AC

Payment Calculator

$219,484 per month

30 year fixed, 6.46% Interest

Principal and Interest

$198,903

Property Taxes

$20,581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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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

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

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$18,006,300Additions$6,246Total$18,012,546
Tax Record2025$269,218 ($22,435 / 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.

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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 181 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, Inc., its subsidiaries, affiliates and their agents and associated third parties make 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.