2 months on rocket

5004 N Bay Rd, Miami Beach, FL, 33140

$39,500,000

8 Bedrooms
7 Full Baths, 3 Partial
12,804 SqFt
$3,085/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Covered, Driveway, Garage
Attached Garage3 spaces
Year BuiltNew Const., 2016
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontBay Front
ViewBay, Other, Pool, Water
MLS #A11650138
StatusActive

About 5004 N Bay Rd

Discover the opportunity to reside on North Bay Road, one of Miami's most exclusive communities. This impressive eight-bedroom home, crafted by Zeb Jarosz, a distinguished architect known for his work with notable figures such as Michael Jordan, Matt Damon, and Dan Marino, exudes a resort-style ambiance. Encompassing nearly 17,000 SF across three levels, the residence has 105 feet of coveted waterfront and uninterrupted views of Biscayne Bay. The bright and spacious interiors, featuring 12-foot-high ceilings on the ground floor and 11-foot-high ceilings on the second floor, to create expansive living spaces. The third floor unveils a unique full-width roof terrace with a second pool, while the home is adorned with exquisite finishes and tailored details. Miami Beach living at its best!

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 2016
  • Living Area: 12,804 SqFt

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Bryan Sereny PA

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Other, Refrigerator, Washer
  • Flooring Type: Marble, Other
  • Interior: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, First Floor Entry, Fireplace, High Ceilings, Kitchen Island, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s), Atrium, Elevator

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 7
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Other, Pool, Water
  • Exterior: Balcony, Fence, Security/High Impact Doors, Outdoor Grill, Other, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Covered, Driveway, Garage

Virtual/3D Tour

  • Virtual Tour: 5004 N Bay Rd
Virtual Tour

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,500,000
  • Price Per SqFt: $3,085/SqFt

Tax Information:

  • Annual Amount: $238,027
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$604.5K

Med. Price/SqFt

$600

Avg. Days On Market

101

# of Sold Homes

92

5004 N Bay Rd vs Miami Beach

78 DAYS ON ROCKET

-23 Days

$39,500,000

+$38.8M More

$3,085/SqFt

+$2.4K More

KEY TAKEAWAY

This property is $38.8M more than the Median Sold Price and $2.4K/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: #A11650138

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Bryan Sereny 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: 11/17/2024, 2:20:52 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$238,027$14,164,119
2018$217,893$13,618,452
2017$268,528$14,590,963

History based on county public records data.

Payment Calculator

$197.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$118.4K

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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-507554
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.83 miles

  • Public District Grades PK-5

school-card-donut-507555
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.66 miles

  • Public District Grades PK-5

school-card-donut-507556
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 2.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $255,489. The majority of Miami Beach, FL residents have income $200k+ annually. Most families are married, no kids. 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 5004 N Bay Rd

What is the listing price of this property?

The listing price of 5004 N Bay Rd property is $39,500,000.

What type of property is this?

The property 5004 N Bay Rd is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5004 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 $238,027 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5004 N Bay Rd has 8 bedrooms and 7 full and 3 half bathrooms.

What is the square footage of this property?

The property 5004 N Bay Rd is 12,804 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5004 N Bay Rd is 2016.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331405004 N Bay Rd

This home is located at 5004 N Bay Rd in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This 12,804 square foot home was built in 2016. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since August 31, 2024 and is currently priced at $39,500,000.

In October 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 77 were sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. While the average time on the market in October 2024 was 101 days, the median list price was $604,583.

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

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