LA GORCE GOLF SUB
5840 N Bay Rd, Miami Beach FL 33140
$39,500,000
Est. Payment $210,236/mo
192
Days on Market
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 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.
Facts
- MLS#
- A11906157
- Subdivision
- LA GORCE GOLF SUB
- Property Type
- Land/Boat Docks
- Property Sub Type
- Residential
- Year Built
- —
- Lot Size
- 27,704 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 192 days
- Listed
- Oct 31, 2025
- Last Updated
- May 11, 2026
- Price/Lot Sq.Ft.
- $1,426/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
68
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).
| 10/31/2025 | Listed for sale | $39,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
North Dade Regional AcademyPK,KG · private · 0.2 mi
Gina Cumbie1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Miami Gardens Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.4 mi
Charles David Wyche, Jr Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.4 mi
Lake Stevens Middle School6,7,8 · public · 0.5 mi
ACCELERATION ACADEMIES-CENTRAL MIAMI-78718,9,10,11,12 · public · 0.5 mi
His House AcademyKG,1,2,3,4,5,6,7,8 · private · 0.6 mi
Lake Stevens Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
North Gardens High School Charter9,10,11,12 · charter · 0.7 mi
Building Tools Learning CenterPK,TK,KG · private · 0.7 mi
Estimated Monthly Payment
$243,302/mo
Principal & Interest
$210,236
Property Tax
$32,917
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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