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For sale
  • $169,000,000

    5940 N Bay Rd, Miami Beach, FL 33140

    8beds
    16,910sqft
    : 
    Single Family Residence
    Built in 1936
    2.34 Acres Lot
    $-- Zestimate®
    $9,994/sqft
    $-- HOA

    What's special

    Western exposureEpic sunsets
    The pinnacle of ultra-luxury real estate In Miami Beach! A monumental, 2.3-acre bayfront lot with 472-FT depth and 290-FT of prime waterfront, includes plans by DOMO Architecture + Design for a modern mega-mansion with extravagant amenities. The western exposure provides the indulgence of unobstructed views of open blue waters, epic sunsets, and the Miami skyline as a backdrop. Known as Billionaire’s Row, North Bay Road is a 4-mile street, and one of the most esteemed addresses that has historically drawn celebrities, prominent entrepreneurs, athletes, and those with the utmost refined taste and unwavering appetite for ultra-luxury lifestyle.
    204 days
    |
    3,117
    |
    100
    |

    Zillow last checked: 8 hours ago

    Listing updated: February 23, 2026 at 02:48pm

    Listed by:

    Nelson Gonzalez PA 305-674-4040,

    BHHS EWM Realty,

    Brett Harris 305-764-9401,

    Bespoke Real Estate Florida LLC

    Source: MIAMI,MLS#: A11859126MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 16
    • Full bathrooms: 13
    • 1/2 bathrooms: 3
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Gas Range
    • Laundry: Sink
    Features
    • Bar, Elevator, Volume Ceilings, Walk-In Closet(s), Wet Bar, Other
    • Flooring: Wood
    Interior area
    • Total structure area: 22,460
    • Total interior livable area: 16,910 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Driveway
    • Garage spaces: 3
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Exterior features: Built-in Barbecue, Lighting, Tennis Court(s)
    • Has private pool: Yes
    • Pool features: In Ground
    • Has spa: Yes
    • Has view: Yes
    • View description: Bay, Water
    • Has water view: Yes
    • Water view: Bay,Water
    • Waterfront features: Ocean Access, WF/Pool/Ocean Access, Bay
    • Frontage type: Bay/Harbor
    • Frontage length: 290
    Lot
    • Size: 2.34 Acres
    • Features: 2 To Less Than 3 Acre Lot
    Details
    • Parcel number: 0232150020040
    • Zoning: 2100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Barrel Roof
    Condition
    • Year built: 1936

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & HOA

    Community
    • Features: None, No Subdiv/Park Info
    • Subdivision: La Gorce Golf Sub
    HOA
    • Has HOA: No
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $9,994/sqft
    • Tax assessed value: $46,302,628
    • Annual tax amount: $264,145
    • Date on market: 8/15/2025
    • Listing terms: All Cash
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/15/2025Listed for sale$169,000,000$9,994/sqft
    Source: MIAMI #A11859126 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$257,113 +2.4%$13,723,791 +3%
    2023$251,004 +3.6%$13,324,069 +3%
    2022$242,283 +0.2%$12,935,990 +3%
    2021$241,704 +1.1%$12,559,214 +1.4%
    2020$238,995 +2.2%$12,385,813 +2.3%
    2019$233,832 +5%$12,107,345 +1.9%
    2018$222,652 $11,881,595 +2.1%
    2017$222,652 +0.8%$11,637,214 +2.1%
    2016$220,830 -1.2%$11,397,859 +0.7%
    2015$223,448 -1.7%$11,318,629 +0.8%
    2014$227,322 +2.5%$11,228,799 +1.5%
    2013$221,849 0%$11,062,857 +1.7%
    2012$221,849 -14.2%$10,877,933 -7.4%
    2010$258,422 +10.2%$11,751,700 +2.7%
    2009$234,559 +6.3%$11,442,750 +4.7%
    2007$220,581 -12.3%$10,933,605
    2006$251,431 --
    2005$251,431 -1.7%--
    2004$255,761 +57.9%--
    2003$161,972 +27.7%--
    2002$126,871 --

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,091,583/mo
    Principal & interest
    $832450
    Property taxes
    $259133

      Climate risks

      Neighborhood: La Gorce

      Getting around

      21 / 100
      Car-Dependent
      38 / 100
      Some Transit
      30 / 100
      Somewhat Bikeable

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: North Beach
      • Middle: Nautilus
      • High: Miami Beach

      Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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