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    • Price cut: $250K (2/18)
    $4,500,000

    5625 N Bay Rd, Miami Beach, FL 33140

    4beds
    4,256sqft
    : 
    Single Family Residence
    Built in 2008
    7,500 Square Feet Lot
    $4,000,400 Zestimate®
    $1,057/sqft
    $-- HOA

    What's special

    Full impact-rated windows throughoutHigh ceilingsElevated base constructionExpansive open-concept living spacesHigh-volume architectural blank canvasOversized poolGenerous grounds
    NORTH BAY ROAD | DESIGNER-READY MODERN ESTATE Exceptional value for a modern 2008-built residence on one of Miami Beach’s most prestigious corridors. This home offers a rare opportunity to acquire a high-volume architectural blank canvas, ideal for cosmetic upgrades and design enhancements to achieve a top-tier valuation. The interior is defined by high ceilings and expansive open-concept living spaces. Several key infrastructure components have already been addressed, including a newer roof (2022), elevated base construction, and full impact-rated windows throughout allowing capital improvements to focus on design rather than structural systems. The residence is primed for cosmetic updates including flooring, kitchen and bath finishes, and exterior landscaping- offering a clear path to repositioning within the upper tier of North Bay Road valuations. The oversized pool and generous grounds provide the ideal foundation for high-impact outdoor enhancements, as reflected in the virtually showcased design concepts. For buyers evaluating replacement cost, land value, and long-term corridor appreciation, this represents one of the most compelling value-add opportunities currently available on North Bay Road- suitable for strategic renovation, portfolio hold, or luxury resale positioning.
    238 days
    |
    2,190
    |
    87
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 27, 2026 at 08:03am

    Listed by:

    William McClain Jr. williambmcclain@gmail.com,

    The McClain Group Inc

    Source: MIAMI,MLS#: A11836669MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator
    • Laundry: Laundry Room
    Features
    • Volume Ceilings, Walk-In Closet(s)
    • Flooring: Marble, Wood
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, High Impact Windows, Impact Glass
    Interior area
    • Total structure area: 5,130
    • Total interior livable area: 4,256 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Driveway, Garage Door Opener
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Exterior features: Balcony
    • Has private pool: Yes
    • Pool features: In Ground, Pool Only
    • Has view: Yes
    • View description: Garden
    Lot
    • Size: 7,500 Square Feet
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0232150031320
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Modern/Contemporary
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Built-Up
    Condition
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: Sidewalks
    • Subdivision: La Gorce Golf Sub
    HOA
    • Has HOA: No
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $1,057/sqft
    • Tax assessed value: $2,923,966
    • Annual tax amount: $42,818
    • Date on market: 7/10/2025
    • Listing terms: All Cash,Conventional
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    Estimated market value

    $4,000,400

    $3.80M - $4.20M

    $22,111/mo

    Price history

    Price history
    DateEventPrice
    2/18/2026Price change$4,500,000-5.3%$1,057/sqft
    Source: MIAMI #A11836669 Report a problem
    10/15/2025Price change$4,750,000-5%$1,116/sqft
    Source: MIAMI #A11836669 Report a problem
    7/10/2025Listed for sale$5,000,000$1,175/sqft
    Source: MIAMI #A11836669 Report a problem
    5/16/2025Listing removed$5,000,000$1,175/sqft
    Source: MIAMI #A11702904 Report a problem
    1/29/2025Price change$20,000-11.1%$5/sqft
    Source: MIAMI #A11687128 Report a problem
    12/9/2024Price change$22,500-10%$5/sqft
    Source: MIAMI #A11687128 Report a problem
    12/3/2024Listed for sale$5,000,000-24.2%$1,175/sqft
    Source: MIAMI #A11702904 Report a problem
    11/3/2024Listed for rent$25,000+31.6%$6/sqft
    Source: MIAMI #A11687128 Report a problem
    9/22/2022Listing removed--
    Source: Zillow Rental Network_1 Report a problem
    9/19/2022Price change$19,000+8.6%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    9/7/2022Price change$17,500-7.9%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    8/22/2022Price change$19,000-13.6%$4/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    8/6/2022Price change$22,000-12%$5/sqft
    Source: Zillow Rental Network_1 #A11238540 Report a problem
    7/9/2022Listed for rent$25,000+25%$6/sqft
    Source: Zillow Rental Manager Report a problem
    5/11/2022Listing removed--
    Source: MIAMI #A11193349 Report a problem
    4/22/2022Listed for sale$6,595,000+449.6%$1,550/sqft
    Source: MIAMI #A11193349 Report a problem
    9/10/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/28/2021Price change$20,000-11.1%$5/sqft
    Source: Zillow Rental Manager Report a problem
    7/2/2021Listed for rent$22,500+55.2%$5/sqft
    Source: Zillow Rental Manager Report a problem
    8/12/2020Listing removed$14,500$3/sqft
    Source: Premiere Plus Realty Co. #A10889050 Report a problem
    7/7/2020Listed for rent$14,500+11.5%$3/sqft
    Source: Premiere Plus Realty Co. #A10889050 Report a problem
    4/1/2020Listing removed$13,000$3/sqft
    Source: One Sotheby's International Realty #A10800017 Report a problem
    1/15/2020Listed for rent$13,000$3/sqft
    Source: ONE Sotheby's International Realty #A10800017 Report a problem
    8/3/2018Sold$1,200,000-10.4%$282/sqft
    Source: Public Record Report a problem
    4/16/2010Sold$1,340,000+21.8%$315/sqft
    Source: Public Record Report a problem
    12/20/2006Sold$1,100,000+66.7%$258/sqft
    Source: Public Record Report a problem
    1/30/2004Sold$660,000+21.1%$155/sqft
    Source: Public Record Report a problem
    6/26/2000Sold$545,000+36.3%$128/sqft
    Source: Public Record Report a problem
    5/17/1995Sold$400,000$94/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$42,819 +0.6%$1,929,108 +10%
    2023$42,551 +31.2%$1,753,735 +10%
    2022$32,420 +15.9%$1,594,305 +10%
    2021$27,985 -0.8%$1,449,369 -0.5%
    2020$28,197 -0.6%$1,456,463 -0.5%
    2019$28,362 +11%$1,463,558 +7.7%
    2018$25,545 $1,358,454 -17.5%
    2017$25,545 -19.5%$1,645,620 +10%
    2016$31,737 +17.8%$1,496,019 +10%
    2015$26,945 +3.4%$1,360,018 +6.8%
    2014$26,062 +19%$1,273,367 +10%
    2013$21,905 +0%$1,157,607 +8.2%
    2012$21,905 +4.3%$1,070,103 +5.5%
    2011$20,995 +0.5%$1,014,303 +7.2%
    2010$20,882 -9.2%$946,312 -15.4%
    2009$22,998 +26.2%$1,117,972 +23.8%
    2007$18,223 +6.8%$903,284
    2006$17,063 --
    2005$17,063 +21.7%--
    2004$14,024 +10.1%--
    2003$12,742 +80.5%--
    2002$7,058 --
    2001$7,058 --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $28,725/mo
    Principal & interest
    $21825
    Property taxes
    $6900

      Climate risks

      Neighborhood: La Gorce

      Getting around

      15 / 100
      Car-Dependent
      40 / 100
      Some Transit
      29 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating

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