LA GORCE GOLF SUB

5840 N Bay Rd, Miami Beach FL 33140

Closed

$28,800,000

Est. Payment $153,286/mo

MLS Sheet

50

Days on Market

Description

Set on one of the last large waterfront parcels in Miami Beach’s prestigious North Bay estate section, 5840 N Bay Road presents a rare and remarkable opportunity to craft a legacy residence in an exclusive enclave. With 150’ of unobstructed bayfront views, direct sightlines to the Miami skyline, and a readiness for a multi-structure estate of up to 13,587 SF+/-, this land offers an extraordinary canvas for luxury living. Envisioned for the most discerning buyer, this property combines the elegance of North Bay Road with modern Miami vibrancy—ready to become a private, luxurious escape that captures the true spirit of Miami Beach.

Facts

MLS#
A11690449
Subdivision
LA GORCE GOLF SUB
Property Type
Land/Boat Docks
Property Sub Type
Residential
Year Built
Lot Size
27,007 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
50 days
Listed
Nov 8, 2024
Last Updated
Apr 23, 2025
Price/Lot Sq.Ft.
$1,066/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/23/2025Sold$28,800,000
11/8/2024Listed for sale$28,800,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5840 N Bay Rd, Miami Beach FL 33140Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$177,436/mo

Principal & Interest

$153,286

Property Tax

$24,000

Insurance

$150

HOA

$0

20% ($5,760,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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