14 days on rocket

5625 N Bay Rd, Miami Beach, FL, 33140

$5,000,000

4 Bedrooms
4 Full Baths, 1 Partial
4,256 SqFt
$1,175/SqFt
House

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Garage1 space
Year Built2008
HeatingNatural Gas
CoolingElectric
ViewBay
MLS #A11702904
StatusActive

About 5625 N Bay Rd

Experience the epitome of Miami Beach luxury at this stunning modern and elegant home. View the Bay from your private roof! Situated in the prestigious La Gorce neighborhood, offering privacy and exclusivity. Interior features include expansive living areas, gourmet kitchen, and luxurious bedrooms with en suite baths. Outside you can enjoy the lush landscaping, private pool, and ample outdoor entertaining space. Additional photos available upon request.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary/Modern, Detached, Two Story
  • Year Built: 2008
  • Stories: 2
  • Living Area: 4,256 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Ann Moffett Ryan

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Washer
  • Flooring Type: Ceramic Tile, Wood
  • Interior: Kitchen Island, Upper Level Primary, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Bay
  • Exterior: Balcony, Deck, Fence, Lighting

Parking Information:

  • Garage Space: 1 space
  • Parking: Driveway, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

Other

Directions Information:

  • Directions: Direct access from Bay Road

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
  • Price Per SqFt: $1,175/SqFt

Tax Information:

  • Annual Amount: $28,197
  • 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

5625 N Bay Rd vs Miami Beach

14 DAYS ON ROCKET

-83 Days

$5,000,000

+$4.3M More

$1,175/SqFt

+$570 More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price and $570/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: #A11702904

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Ann Moffett Ryan

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, 5:20:49 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$28,197$1,456,463
2018$25,544$1,358,454
2017$31,737$1,702,748

History based on county public records data.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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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-4410907
7
/10
  • Treasure Island Elementary School

  • 7540 E Treasure Dr

  • 1.29 miles

  • Public District Grades PK-5

school-card-donut-4410908
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 1.48 miles

  • Public District Grades PK-5

school-card-donut-4410909
6
/10
  • Biscayne Elementary School

  • 800 77th St

  • 1.80 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 majority of Miami Beach, FL residents have income $200k+ annually. The majority of families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5625 N Bay Rd

What is the listing price of this property?

The listing price of 5625 N Bay Rd property is $5,000,000.

What type of property is this?

The property 5625 N Bay Rd is a house located in Miami Beach, Florida, 33140.

Is this property for sale now?

Active Listing: 5625 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 $28,197 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5625 N Bay Rd has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 5625 N Bay Rd is 4,256 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5625 N Bay Rd is 2008.
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Rocket HomesFloridaMiami-Dade CountyMiami Beach331405625 N Bay Rd

This home is located at 5625 N Bay Rd in Miami Beach, FL and zip code 33140 in the La Gorce neighborhood. This 4,256 square foot home was built in 2008. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $5,000,000.

In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. Listings spent 97 days on the market in November 2024, and had a median list price of $617,500 during the same period.

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

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