5 months on rocket

5077 N Bay Rd, Miami Beach, FL, 33140

$9,980,000

7 Bedrooms
6 Full Baths, 1 Partial
7,034 SqFt
$1,419/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Paver Block
Garage2 spaces
Year Built1951
HeatingCentral
CoolingCentral Air
ViewGarden
MLS #A11622736
StatusActive

About 5077 N Bay Rd

Discover timeless elegance in this magnificent estate, nestled in the heart of a lush, tropical paradise. This 7BD, 6.5BA, 7,000 sf masterpiece features soaring ceilings, expansive windows, & an abundance of natural light on an expansive 23,160 sf corner lot. The gourmet kitchen boasts top-of-the-line appliances, custom cabinetry, & a spacious island. The grand living area flows seamlessly into the formal dining room while the light filled family & Florida rooms offer views to the lush outdoors. Retreat to the luxurious master suite with its private balcony, spa-like bathroom, & expansive walk-in closet. All rooms are complete with custom built-ins. Outdoors, the pristine pool, surrounded by verdant gardens, offers a tranquil oasis for relaxation.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, Two Story
  • Year Built: 1951
  • Stories: 2
  • Living Area: 7,034 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Jill Hertzberg

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator
  • Flooring Type: Marble, Other, Wood
  • Interior: Bedroom on Main Level, Entrance Foyer, First Floor Entry, High Ceilings, Kitchen Island, Upper Level Primary

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 6
  • Total Bedroom Count: 7

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Lighting, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Circular Driveway, Paver Block

Virtual/3D Tour

  • Virtual Tour: 5077 N Bay Rd
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $9,980,000
  • Price Per SqFt: $1,419/SqFt

Tax Information:

  • Annual Amount: $42,153
  • 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

5077 N Bay Rd vs Miami Beach

158 DAYS ON ROCKET

+61 Days

$9,980,000

+$9.3M More

$1,419/SqFt

+$814 More

KEY TAKEAWAY

This property is $9.3M more than the Median Sold Price and $814/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: #A11622736

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (305) 672-6300
  • Listing Agent: Jill Hertzberg

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: 12/18/2024, 10:20:52 AM 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$42,153$2,218,151
2018$39,240$2,127,852
2017$38,910$2,084,087

History based on county public records data.

Payment Calculator

$49.8K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$29.9K

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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-4495609
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 0.94 miles

  • Public District Grades PK-5

school-card-donut-4495610
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.61 miles

  • Public District Grades PK-5

school-card-donut-4495611
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 2.34 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,524. The most common annual income of people living in Miami Beach, FL is $200k+. The most common type of family is married, with 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 5077 N Bay Rd

What is the listing price of this property?

The listing price of 5077 N Bay Rd property is $9,980,000.

What type of property is this?

The property 5077 N Bay Rd is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5077 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 $42,153 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5077 N Bay Rd has 7 bedrooms and 6 full and 1 half bathrooms.

What is the square footage of this property?

The property 5077 N Bay Rd is 7,034 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5077 N Bay Rd is 1951.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331405077 N Bay Rd

This home is located at 5077 N Bay Rd in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This 7,034 square foot home was built in 1951. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $9,980,000.

Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The number of homes for sale in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $617,500, while the average time on the real estate market was 97 days.

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

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