This beautifully gut renovated four-bedroom, three and a half bathroom home is situated on one of Miami’s most desirable streets, North Bay Road. Boasting over 3,500 SF of interiors, this home is ideal for both families and entertaining. It features spacious, bright rooms with an open flow. The oversized primary bedroom features a large walk-in closet and primary bathroom. Two additional bedrooms on the second level share a Jack and Jill bathroom. On the lower level, a spacious guest suite faces the brand new swimming pool and spa. An additional room can be either an at home office, secondary family room or children’s playroom. The outdoor BBQ area is ideal for entertaining all year round. Enjoy Miami living at its finest.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$27.2K
Per Month
Principal & Interest
$27.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$16.4K
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
North Beach Elementary School
4100 Prairie Ave
Distance between this listing and this school0.60 miles
Public District Grades PK-5
7
/10
Treasure Island Elementary School
7540 E Treasure Dr
Distance between this listing and this school1.85 miles
Public District Grades PK-5
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school2.46 miles
Public District Grades PK-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school0.48 miles
Public District Grades 6-8
7
/10
Mater Academy Miami Beach
8625 Byron Ave
Distance between this listing and this school3.56 miles
Public Charter Grades KG-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.33 miles
Public District Grades 6-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.54 miles
Public District Grades 9-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school3.42 miles
Public Magnet Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.95 miles
The neighbors living near this home have an average income of $159,239. Typical income of Miami Beach, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4575 N Bay Rd
What is the listing price of this property?
The listing price of 4575 N Bay Rd property is $5,450,000.
What type of property is this?
The property 4575 N Bay Rd is a house located in Miami Beach, Florida, 33140.
Is this property for sale now?
Active Listing: 4575 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 $6,526 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 4575 N Bay Rd has 4 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 4575 N Bay Rd is 3,454 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4575 N Bay Rd is 1946.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 4575 N Bay Rd in Miami Beach, FL and zip code 33140 in the Nautilus neighborhood. This 3,454 square foot home was built in 1946. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $5,450,000.
Over 6 listings were sold over their listed price in October 2024 in Miami Beach, FL. In the same period over 77 listings were sold below the listed price and 9 listings were sold for the listed price. In October 2024 in Miami Beach, FL there were 15.1% more homes for sale than in September 2024. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $604,583.
From Rocket Homes Real Estate and based on county public records data.