3 months on rocket

3061 N Bay Rd, Miami Beach, FL, 33140

$5,500,000

7 Bedrooms
5 Full Baths, 1 Partial
6,677 SqFt
$824/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Garage2 spaces
Year Built2003
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewGarden, Pool
MLS #A11640761
StatusActive

About 3061 N Bay Rd

Grand 3-story gated home on prestigious lower North Bay Road. Enter through the electric gated entrance to find this spacious residence w/8,397 of total space, 7 bedrms, & 5.5 bathrms. The interiors feature elegant living spaces, impact windows/doors, 1BD/1BA staff quarters, dumbwaiter for added convenience, & giant party room that opens to the private backyard w/covered lanai & saltwater pool. The 2nd level has a gourmet eat-in kitchen w/island, bar, midnight kitchen, office/den & terrace overlooking the backyard. The 3rd level includes 4 bedrms w/ensuite baths, & the roomy primary w/dual walk-in closets, balcony & gorgeous bath. 2-car A/C garage. Mins to Sunset Harbour, Lincoln Rd, 41st St, dining, golf, & great schools. Easy access to expressways. 15 mins to MIA Airport!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2003
  • Living Area: 6,677 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Nancy Batchelor PA

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Tile, Wood
  • Interior: Bidet, Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, First Floor Entry, Kitchen Island, Pantry, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Garden, Pool
  • Exterior: Fence, Security/High Impact Doors, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Covered, Driveway

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,500,000
  • Price Per SqFt: $824/SqFt

Tax Information:

  • Annual Amount: $33,863
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

3061 N Bay Rd vs Miami Beach

101 DAYS ON ROCKET

+4 Days

$5,500,000

+$4.8M More

$824/SqFt

+$219 More

KEY TAKEAWAY

This property is $4.8M more than the Median Sold Price and $219/SqFt more than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11640761

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Nancy Batchelor PA

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$33,863$1,749,153
2018$32,561$1,987,590
2017$21,591$1,174,639

History based on county public records data.

Payment Calculator

$27.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$16.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3498796
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-3498797
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 1.54 miles

  • Public District Grades PK-5

school-card-donut-3498798
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 2.39 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,179. The most common annual income of people living in Miami Beach, FL is between $100k-200k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3061 N Bay Rd

What is the listing price of this property?

The listing price of 3061 N Bay Rd property is $5,500,000.

What type of property is this?

The property 3061 N Bay Rd is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 3061 N Bay Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $33,863 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3061 N Bay Rd has 7 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 3061 N Bay Rd is 6,677 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3061 N Bay Rd is 2003.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331403061 N Bay Rd

This home is located at 3061 N Bay Rd in Miami Beach, FL and zip code 33140 in the Sunset Lake neighborhood. This 6,677 square foot home was built in 2003. Features: 7 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $5,500,000.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. Between October 2024 and November 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 14.3%. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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