SUNSET ISLANDS-ISLAND NO
2312 Bay Ave, Miami Beach FL 33140
5 beds · 5.5 baths · 4,970 ft²
$45,000,000
Est. Payment $239,509/mo
5
Bedrooms
5.5
Bathrooms
4,970
Sq. Ft.
1937
Year Built
2
Garage
0
Days on Market
Description
Offered for the first time in 40 years, this gated waterfront point-lot estate occupies the coveted west tip of Sunset Island III, with unobstructed Downtown Miami skyline views and spectacular sunsets. Designed in 1937 by renowned architect T. Hunter Henderson, the 5-bedroom, 5.5-bath Art Deco residence preserves beautifully restored original details, including arched windows, decorative ironwork, hand-painted Cuban tile floors and staircase. Thoughtful updates include impact windows and doors, Control 4 smart home technology, 3-zone A/C, and dual walk-in closets in the primary suite. A spacious private terrace overlooks Biscayne Bay, while a concrete dock with a 17,000-lb boat lift enhances the waterfront lifestyle. Set on an exceptional 13,771-SF pie-shaped lot, this rare offering presents the opportunity to preserve a piece of Miami Beach history or build your dream waterfront residence in one of the area's most prestigious guard-gated island communities.
Facts
- MLS#
- A12106623
- Subdivision
- SUNSET ISLANDS-ISLAND NO
- Property Type
- Residential
- Property Sub Type
- Single Family Residence
- Year Built
- 1937
- Lot Size
- 13,771 ft²
- Sq. Ft.
- 4,970 ft²
- Sq. Mt.
- 462 m²
- Price per sq. ft.
- $9,054/ft²
- Price per sq. mt.
- $97,403/m²
- Stories
- —
- Garage
- 2 spaces
- Pool
- —
- Days on Market
- —
- Listed
- Oct 15, 2026
- Last Updated
- Oct 15, 2026
- Price/Lot Sq.Ft.
- $3,268/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
October 2026
69
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).
| 10/15/2026 | Listed for sale | $45,000,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$277,159/mo
Principal & Interest
$239,509
Property Tax
$37,500
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®.
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Updated within 24 hours
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