2 months on rocket

5975 N Bayshore Dr, Miami, FL, 33137

$11,500,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential
WaterfrontBay Front
MLS #A11640788
StatusActive

About 5975 N Bayshore Dr

Discover the perfect canvas to create your dream home with unparalleled wide open bay views in one of Miami's most sought-after neighborhoods. Located in the gated community of Morningside, this waterfront estate spans an impressive 29,300 square feet, featuring 100 feet of direct water frontage on the open bay. Prepare to captivated by stunning sunrises and the gentle breezes that define waterfront living. This prime location offers the perfect blend of tranquility and accessibility. Just minutes from the renowned Design District, luxury shopping, fine dining, and sports venues.

Property Details

Property Features

Listing Office:

  • Office Name: The Brokerage South Florida Real Estate, LLC.
  • Office Phone: (786) 509-6846
  • Listing Agent: Joel Lusky

Exterior Features

Exterior Information:

  • Waterfront: Bay Front

Virtual/3D Tour

  • Virtual Tour: 5975 N Bayshore Dr
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School Info

Assigned Schools Information:

  • Miami Edison Senior High School, Public Magnet Grades 9-12
  • Horace Mann Middle School, Public Magnet Grades 6-8
  • Morningside K-8 Academy, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,500,000

Tax Information:

  • Annual Amount: $70,872
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

5975 N Bayshore Dr vs Miami

82 DAYS ON ROCKET

+22 Days

$11,500,000

+$10.9M More

KEY TAKEAWAY

This property is $10.9M more than the Median Sold Price in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11640788

Listing Office:

  • Office Name: The Brokerage South Florida Real Estate, LLC.
  • Office Phone: (786) 509-6846
  • Listing Agent: Joel Lusky

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: 11/5/2024, 11:20:49 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$70,872$3,519,813
2018$11,011$484,412
2017$10,927$474,449

History based on county public records data.

Payment Calculator

$57.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$34.5K

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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.

Elementary School

school-card-donut-2065894
6
/10
  • Morningside K-8 Academy

  • 6620 NE 5th Ave

  • 0.52 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2065895
3
/10
  • Horace Mann Middle School

  • 8950 NW 2nd Ave

  • 2.18 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2065896
3
/10
  • Miami Edison Senior High School

  • 6161 NW 5th Ct

  • 1.48 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,500. The majority of Miami, FL residents have income between $100k-200k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5975 N Bayshore Dr

What is the listing price of this property?

The listing price of 5975 N Bayshore Dr property is $11,500,000.

What type of property is this?

The property 5975 N Bayshore Dr is land located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 5975 N Bayshore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5975 N Bayshore Dr are:
Morningside K-8 Academy: GreatSchools Rating 6/10
Horace Mann Middle School: GreatSchools Rating 3/10
Miami Edison Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $70,872 (source: MLS/based on county public records data).
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Rocket HomesFloridaMiami-Dade CountyMiami331375975 N Bayshore Dr

This home is located at 5975 N Bayshore Dr in Miami, FL and zip code 33137 in the Morningside / Bay Shore neighborhood. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $11,500,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

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

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