Off Market Aug 2020 for $21M

$36,881,054

Est. refi paymentEst. refi $153,483/mo

•

1,000

sq ft

2318 N Bay Rd, Miami Beach, FL 33140

About this home

Glorious waterfront mansion in the most desirable Miami Beach neighborhood, Lower North Bay Road. Built 2009, this magnificent home offers 14,647 s. f of remarkably finished living areas featuring 12-foot ceilings throughout, beautiful living room in-between 2 interior lush courtyards, large family room with 810-botle wine cellar, game room, formal dining, & 1,100 s. f. ultra-high-end kitchen by Boffi. On the second floor, a gym, library, & spectacular 2,000+ s. f. master-suite with a seating lounge, a wet bar, & mega-size his & hers Boffi closets. The home is sited on a lushly landscaped 24,860 s. f. lot with 125 feet of waterfront, & comes with a detached waterfront office, covered summer kitchen, 48-foot knife-edge pool, dock, 3-car garage, full house generator, & more.

Single-familyProperty Type

2009Year Built

10,000 sq ftLot Size

$36,881Est. Price/Sq.Ft.

3 car garageParking

Listed by Nelson Gonzalez • BHHS EWM Realty

•305-674-4040 (agent)

•Nelson@NelsonGonzalez.com (agent)

•305-674-4000 (broker)

•basick.c@ewm.com (broker)

Bought with Nelson Gonzalez • BHHS EWM Realty

•305-674-4000 (broker)

•basick.c@ewm.com (broker)

Source:MARMLS #A2206709

Redfin Estimate

$36,881,054

$15.4M since sold in August 2020$9.5M since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 172.1% higher than the average sale price ($13.56M) of 6 comparable homes.

SOLD JUN 22, 2026
$10,250,000
A
5 beds5.5 baths4,698 sq ft
2516 Sunset Dr, Miami Beach, FL 33140
SOLD MAY 15, 2026
2300 Sunset Dr, Miami Beach, FL 33140
$13,000,000
B
6 beds7.5 baths5,343 sq ft
2300 Sunset Dr, Miami Beach, FL 33140
SOLD JUN 23, 2026
$9,200,000
C
5 beds6 baths5,214 sq ft
2355 Meridian Ave, Miami Beach, FL 33140
SOLD JUN 30, 2026
$12,690,000
D
4 beds5 baths5,319 sq ft
2500 Regatta Ave, Miami Beach, FL 33140
SOLD JUN 16, 2026
$10,200,000
E
5 beds5.5 baths5,197 sq ft
2133 Meridian Ave, Miami Beach, FL 33139
SOLD JAN 15, 2026
$26,000,000
F
6 beds6 baths6,316 sq ft
1818 W 23rd St, Miami Beach, FL 33140

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Earn from this home

Sell

$19,611,997

Est. take-home

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Refinance

Est. cash available

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Rent

$10,458/mo

Redfin rental estimate

List your home for rent

Market trends in 33140, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

92.6%

+0.4% MoM

Median sale price

$790K

$40K MoM

Avg. days on market

168d

11 days MoM

Recently sold homes

147

12 MoM

New listings for sale

$549,000
1 bed2 baths1,290 sq ft
6039 Collins Ave #833, Miami Beach, FL 33140
(305) 903-8726
$630,000
2 beds2 baths950 sq ft
5900 Collins Ave #1405, Miami Beach, FL 33140
(305) 672-6300
$349,000
1 bed1.5 baths840 sq ft
5838 Collins Ave Unit 15F, Miami Beach, FL 33140
(954) 545-5583
$4,995,000
4 beds4.5 baths3,640 sq ft
5959 Collins Ave #1503, Miami Beach, FL 33140
(305) 932-6365
$490,000
1 bed1.5 baths848 sq ft
2555 Collins Ave #1604, Miami Beach, FL 33140
(305) 405-0615
$522,000
2 beds2 baths960 sq ft
5225 Collins Ave #1015, Miami Beach, FL 33140
(305) 445-1663
$379,000
1 bed1.5 baths1,070 sq ft
5700 Collins Ave Unit 8M, Miami Beach, FL 33140
(786) 773-1844
$1,800,000
3 beds3 baths1,680 sq ft
5900 Collins Ave #2304, Miami Beach, FL 33140
(305) 864-0000
$975,000
Studio1 bath544 sq ft
4391 Collins Ave #905, Miami Beach, FL 33140
(305) 672-6300
$7,995,000
4 beds5.5 baths4,135 sq ft
5959 Collins Ave #1606, Miami Beach, FL 33140
(305) 695-6300
See all

Provided by Redfin

Sale history for 2318 N Bay Rd

Date

Event

Price

Public Records

Aug 31, 2020

Sold

$21,500,000

$21,500/sq ft

MARMLS #A2206709

Aug 19, 2019

Sold

$12,135,000

$12,135/sq ft

Aug 12, 2019

Pending

—

Apr 1, 2019

Price Changed

$16,900,000

$16,900/sq ft

Nov 7, 2018

Price Changed

$17,900,000

$17,900/sq ft

May 31, 2018

Price Changed

$18,900,000

$18,900/sq ft

Jun 13, 2017

Price Changed

$19,995,000

$19,995/sq ft

Mar 28, 2017

Price Changed

$22,500,000

$22,500/sq ft

Aug 9, 2016

Price Changed

$24,500,000

$24,500/sq ft

Nov 20, 2015

Listed

$27,500,000

$27,500/sq ft

MARMLS #A10653930

Jun 11, 2019

Listing Removed

—

Apr 15, 2019

Listed

$16,900,000

$16,900/sq ft

Public Records

Jan 12, 2004

Sold

$3,500,000

$3,500/sq ft

Public Records

Apr 5, 2000

Sold

$2,727,000

$2,727/sq ft

Public Records

Mar 25, 1998

Sold

$1,275,000

$1,275/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$500,046 (+45.3%)

$17,402,000 + $9,252,768

$26,654,768

2024

$344,153 (+2.4%)

$17,402,000 + $9,252,768

$26,654,768

2023

$335,982 (+3.6%)

2022

$324,318 (+0.2%)

2021

$323,548 (+67.6%)

2020

$193,091 (+29.3%)

$7,209,400 + $9,588,659

$16,798,059

2019

$149,386 (+5.0%)

2018

$142,237 (+0.8%)

2017

$141,068 (+0.1%)

2016

$140,922 (−1.3%)

2015

$142,735 (−1.7%)

2014

$145,210 (+1.4%)

2013

$143,189 (+1.0%)

2012

$141,704 (−1.1%)

$2,816,445 + $4,146,280

$6,962,725

2011

$143,288

Tax history for 2318 N Bay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$500,046 (+45.3%)

$17,402,000 + $9,252,768

$26,654,768

2024

$344,153 (+2.4%)

$17,402,000 + $9,252,768

$26,654,768

2023

$335,982 (+3.6%)

2022

$324,318 (+0.2%)

2021

$323,548 (+67.6%)

2020

$193,091 (+29.3%)

$7,209,400 + $9,588,659

$16,798,059

2019

$149,386 (+5.0%)

2018

$142,237 (+0.8%)

2017

$141,068 (+0.1%)

2016

$140,922 (−1.3%)

2015

$142,735 (−1.7%)

2014

$145,210 (+1.4%)

2013

$143,189 (+1.0%)

2012

$141,704 (−1.1%)

$2,816,445 + $4,146,280

$6,962,725

2011

$143,288

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

RS-2

Single-family Residential District

The RS-2 single-family residential district is designed to protect, and preserve the identity, image, environmental quality, privacy, attractive pedestrian streetscapes, and human scale and character of the single-family neighborhoods and to encourage and promote new construction that is compatible with the established neighborhood context.

Permitted uses

Include but are not limited to:

Housing-Single unit

Property details

Exterior

Pool Information
Has Pool

Property Information
Subdivision Name: SUNSET LAKE AMD
Living Sq. Ft: 13,287
Adjusted Gross Sq. Ft: 13,192
Building Sq. Ft: 15,670
# of Units: 1
# of Stories: 2
Legal Description: 27 34 53 42 PB 8-52 AMD PLAT OF SUNSET LAKE SUB LOT 1 BLK 12 LOT SIZE 124.300 X 200 OR 19055-3922 03 2000 1 COC 21964-4861 01 2004 6

Parking & Garage Information
Parking Type: Finished Garage
Garage/Parking Sq. Ft: 582
Garage / Carport Type: Finished

Lot Information
# of Buildings: 2
Land Sq. Ft: 24,860
Legal Lot Number: 1
Legal Block Number: 12
Municipality Name: MIAMI BEACH
Acres: 0.5707
Depth Footage: 200
Front Footage: 124.3
Zoning Code: 2100
County Use Description: RES - SINGLE FAMILY : 1 UNIT
State Use Description: SINGLE FAMILY

Location Information
Parcel Location Influence: Waterfront

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 1
Baths: 2.5
Sq. Ft.: 1,000
Stories: 2.0
Parking Spaces: 3
Basement: No
Accessible: Yes
Lot Size: 10,000 square feet
Style: Single Family Residential
Year Built: 2009
Year Renovated: 2009
County: Miami-Dade County
APN: 0232270080670
HOA Dues: —
Garage: Yes
Features: Views, Waterfront, Pool

Home facts updated by owner on Sep 5, 2020

Around this home

Schools

North Beach Elementary School

Public PreK-5 • Assigned • 1.0mi

10/10

Nautilus Middle School

Public 6-8 • Assigned • 1.0mi

5/10

Miami Beach Senior High School

Public 9-12 • Assigned • 0.4mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 101° expected this year, 27 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Miami Beach, FL • 33140

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$35.04M – $42.41M

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New listings for sale in 33140

$549,000

1 bed2 baths1,290 sq ft

6039 Collins Ave #833, Miami Beach, FL 33140

(305) 903-8726

$630,000

2 beds2 baths950 sq ft

5900 Collins Ave #1405, Miami Beach, FL 33140

(305) 672-6300

$349,000

1 bed1.5 baths840 sq ft

5838 Collins Ave Unit 15F, Miami Beach, FL 33140

(954) 545-5583

$4,995,000

4 beds4.5 baths3,640 sq ft

5959 Collins Ave #1503, Miami Beach, FL 33140

(305) 932-6365

$490,000

1 bed1.5 baths848 sq ft

2555 Collins Ave #1604, Miami Beach, FL 33140

(305) 405-0615

$522,000

2 beds2 baths960 sq ft

5225 Collins Ave #1015, Miami Beach, FL 33140

(305) 445-1663

$379,000

1 bed1.5 baths1,070 sq ft

5700 Collins Ave Unit 8M, Miami Beach, FL 33140

(786) 773-1844

$1,800,000

3 beds3 baths1,680 sq ft

5900 Collins Ave #2304, Miami Beach, FL 33140

(305) 864-0000

$975,000

Studio1 bath544 sq ft

4391 Collins Ave #905, Miami Beach, FL 33140

(305) 672-6300

Home values near 2318 N Bay Rd

Data from public records.

Address	Redfin Estimate
2344 North Bay Rd, Miami Beach, FL 4 Beds \| 5 Baths \| 10849 Sq. Ft.	$25,851,766
2301 North Bay Rd, Miami Beach, FL 5 Beds \| 3 Baths \| 4624 Sq. Ft.	$6,374,051

Address	Redfin Estimate
2211 North Bay Rd, Miami Beach, FL 3 Beds \| 2.5 Baths \| 2799 Sq. Ft.	$3,878,612
2191 North Bay Rd, Miami Beach, FL 3 Beds \| 2 Baths \| 1440 Sq. Ft.	$2,486,702

Address	Redfin Estimate
2321 North Bay Rd, Miami Beach, FL 4 Beds \| 3.5 Baths \| 4823 Sq. Ft.	$11,432,955
2345 North Bay Rd, Miami Beach, FL 4 Beds \| 4.5 Baths \| 3362 Sq. Ft.	$5,291,901

This data may not show owner updates. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 33140, FL

Sale history for 2318 N Bay Rd

Tax history for 2318 N Bay Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 33140

Home values near 2318 N Bay Rd

More real estate resources