BAYSHORE A,Morningside

5960 N Bayshore Drive, Miami FL 33137

5 beds · 4.5 baths · 4,000 ft²

Closed

$8,500,000

Est. Payment $45,241/mo

MLS Sheet Video

Bedrooms

4.5

Bathrooms

4,000

Sq. Ft.

1922

Year Built

Garage

Stories

Days on Market

Description

Welcome to Villa Las Palmas, a fully gated historic estate compound in the prestigious Morningside Miami neighborhood, set on a rare 26,900 sq ft oversized lot. The elegant two-story main residence features 4 bedrooms and 2.5 bathrooms, blending timeless architecture with refined living spaces. The property also includes two private 1-bedroom, 1-bath guest houses within a detached structure, ideal for extended family or private guest accommodations. Lush tropical landscaping and full perimeter gates create a true private estate retreat. Located just minutes from Biscayne Bay and walking distance to Morningside Park with waterfront views, boat access, tennis courts, and green space. A rare opportunity to own a large lot luxury property in historic Morningside Miami.

Facts

MLS#: F10549971
Subdivision: BAYSHORE A,Morningside
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1922
Lot Size: 27,007 ft²
Sq. Ft.: 4,000 ft²
Sq. Mt.: 372 m²
Price per sq. ft.: $2,125/ft²
Price per sq. mt.: $22,849/m²
Stories: 2
Garage: 8 spaces
Pool: Private
Days on Market: 74 days
Listed: Feb 2, 2026
Last Updated: May 19, 2026
Price/Lot Sq.Ft.: $315/ft²

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Market insights for Miami

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

Sellers market

July 2026

100/100

Buyers marketSellers market

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).

5/19/2026	Sold	$8,500,000
2/2/2026	Listed for sale	$8,500,000

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

Estimated Monthly Payment

$52,474/mo

Principal & Interest

$45,241

Property Tax

$7,083

Insurance

$150

HOA

Down Payment20% ($1,700,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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