4540 N Bay Rd is a vacant land on a 0.53 acre lot. - it last sold on January 27, 2021 for $18,700,000. Based on Redfin's Miami Beach data, we estimate the home's value is $13,999,494.
Vacant landProperty Type
0.53 acresLot Size
$26,414,139Price/Acres
Source:Public Records
Redfin Estimate
$13,999,494
$4.7M since sold in January 2021$775K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 346% higher than the average sale price ($3.14M) of 6 comparable homes.
*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
Jun 22, 2026 • Final
Building - residential - demolition
Demolition
Jun 22, 2026 • Final
Sub-permit- residential - mechanical - new installations (single family or duplex)
Install seven VRV/VRF systems including refrigerant piping, fire dampers, diffusers, and ductwork with external insulation. Install exhaust fans, a dryer vent, and exhaust systems for a kitchen, saunas, and a hammam.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Property Information
Subdivision Name: NAUTILUS SUB
Legal Description: NAUTILUS SUB PB 8-95 LOT 22 BLK 1 LOT SIZE 111.100 X 207 OR 17567-3970 1296 4
Lot Information
Land Sq. Ft: 22,998
Legal Lot Number: 22
Legal Block Number: 1
Municipality Name: MIAMI BEACH
Acres: 0.528
Depth Footage: 207
Front Footage: 111.1
Zoning Code: 2100
County Use Description: VAC RES : VAC LAND
State Use Description: REFERENCE ONLY
Location Information
Parcel Location Influence: Waterfront
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.53 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Miami-Dade County
APN: 0232220110190
Home facts updated by county records on Jul 2, 2026
Around this home
Schools
North Beach Elementary School
Public PreK-5 • Assigned • 0.6mi
10/10
Nautilus Middle School
Public 6-8 • Assigned • 0.4mi
5/10
Miami Beach Senior High School
Public 9-12 • Assigned • 1.5mi
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, 25 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)
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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
$13.30M – $16.10M
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