Google street view image for 5048 N Bay Rd, Miami Beach, FL 33140

Off Market Mar 2020 for $14M

$25,791,192

Est. refi paymentEst. refi $103,869/mo

•

7 ba

•

6,276

sq ft

5048 N Bay Rd, Miami Beach, FL 33140

About this home

5048 N Bay Rd is a 6,276 square foot house on a 0.74 acre lot with 5 bedrooms and 7 bathrooms. - it last sold on March 05, 2020 for $14,200,000. Based on Redfin's Miami Beach data, we estimate the home's value is $25,791,192.

Single-familyProperty Type

1936Year Built

0.74 acresLot Size

$4,109Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$25,791,192

$11.6M since sold in March 2020$468K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 228.2% higher than the average sale price ($7.86M) of 6 comparable homes.

SOLD MAY 14, 2026
$8,600,000
A
6 beds6.5 baths6,132 sq ft
3500 Flamingo Dr, Miami Beach, FL 33140
SOLD JUN 8, 2026
$4,300,000
B
5 beds5.5 baths4,286 sq ft
5181 La Gorce Dr, Miami Beach, FL 33140
SOLD JUL 21, 2026
$12,950,000
C
6 beds5.5 baths5,809 sq ft
6535 Allison Rd, Miami Beach, FL 33141
SOLD APR 24, 2026
$12,200,000
D
6 beds5 baths4,432 sq ft
6465 Pine Tree Drive Cir, Miami Beach, FL 33141
SOLD AUG 6, 2026
$3,150,000
E
6 beds5.5 baths3,357 sq ft
4345 Alton Rd, Miami Beach, FL 33140
SOLD JUN 25, 2026
$5,950,000
F
5 beds4 baths3,695 sq ft
6693 Windsor Ln, Miami Beach, FL 33141

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Earn from this home

Sell

$14,430,693

Est. take-home

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Refinance

Est. cash available

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Rent

$10,985/mo

Redfin rental estimate

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Market trends in 33140, FL

Last updated August 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

93.0%

+0.5% MoM

Median sale price

$785K

$25K MoM

Avg. days on market

124d

45 days MoM

Recently sold homes

110

36 MoM

New listings for sale

NEW 24 MINS AGO
$430,000
1 bed1.5 baths960 sq ft
5601 Collins Ave #415, Miami Beach, FL 33140
NEW 28 HRS AGO
$495,000
2 beds2 baths1,128 sq ft
2858 Pine Tree Dr #5, Miami Beach, FL 33140
(305) 405-0615
$8,500,000
5 beds5 baths4,357 sq ft
2181 N Bay Rd, Miami Beach, FL 33140
(305) 672-6300
$2,699,000
20 beds15 baths3,880 sq ft
3909 Garden Ave, Miami, FL 33140
(305) 677-5000
$310,000
Studio1 bath500 sq ft
2829 Indian Creek Dr #804, Miami Beach, FL 33140
(305) 538-9711
$465,000
1 bed1 bath790 sq ft
4747 Collins Ave #1008, Miami Beach, FL 33140
(305) 666-1800
$2,399,000
5 beds3 baths2,363 sq ft
719 W 51st St, Miami Beach, FL 33140
(786) 942-0502
3D WALKTHROUGH
$1,069,000
3 beds2 baths1,645 sq ft
2655 Collins Ave #602, Miami Beach, FL 33140
(561) 218-6558
VIDEO TOUR
$6,999,999
4 beds4.5 baths— sq ft
3739 Collins Ave Ph 601/603, Miami Beach, FL 33140
(305) 851-2820
$155,000
1 bed1 bath500 sq ft
4740 Pine Tree Dr #20, Miami Beach, FL 33140
(305) 538-9711
See all

Provided by Redfin

Sale history for 5048 N Bay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$227,120 (+3.2%)

$20,855,250 + $1,785,187

$22,640,437

2024

$219,986 (+2.4%)

$20,855,250 + $1,785,187

$22,640,437

2023

$214,755 (+3.6%)

2022

$207,291 (+0.2%)

2021

$206,793 (+14.4%)

2020

$180,717 (+4.9%)

$9,760,257 + $990,832

$10,751,089

2019

$172,299 (+16.8%)

2018

$147,544 (−19.0%)

$6,850,148 + $996,209

$7,846,357

2017

$182,067 (−24.2%)

$6,850,148 + $996,209

$7,846,357

2016

$240,246 (+12.6%)

$8,562,845 + $998,002

$9,560,847

2015

$213,353 (+59.9%)

2014

$133,467 (+9.2%)

2013

$122,200 (+14.6%)

2012

$106,624 (+17.8%)

$4,728,414 + $1,104,564

$5,832,978

2011

$90,483

Tax history for 5048 N Bay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$227,120 (+3.2%)

$20,855,250 + $1,785,187

$22,640,437

2024

$219,986 (+2.4%)

$20,855,250 + $1,785,187

$22,640,437

2023

$214,755 (+3.6%)

2022

$207,291 (+0.2%)

2021

$206,793 (+14.4%)

2020

$180,717 (+4.9%)

$9,760,257 + $990,832

$10,751,089

2019

$172,299 (+16.8%)

2018

$147,544 (−19.0%)

$6,850,148 + $996,209

$7,846,357

2017

$182,067 (−24.2%)

$6,850,148 + $996,209

$7,846,357

2016

$240,246 (+12.6%)

$8,562,845 + $998,002

$9,560,847

2015

$213,353 (+59.9%)

2014

$133,467 (+9.2%)

2013

$122,200 (+14.6%)

2012

$106,624 (+17.8%)

$4,728,414 + $1,104,564

$5,832,978

2011

$90,483

*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

Mar 22, 2024 • Final

Residential (single-family) - new pool

Pool and hot tub

Mar 19, 2024 • Final

Sub-permit- residential - plumbing - alterations (single family or duplex)

Plumbing

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

Exterior Information
Construction Type: Concrete Block
Building Construction Quality: Above Average
Exterior Wall: Cbs/Holw Tile/Fr/Stud/Sheat/Sd
Roof Covering Type: Bahama/Ceramic Tile/Blt-Up Tg
Roof Shape Type: Bahama/Ceramic Tile/Blt-Up Tar and Gravel

Pool Information
Has Pool

Property Information
Subdivision Name: LA GORCE GOLF SUB
Living Sq. Ft: 6,276
Adjusted Gross Sq. Ft: 6,113
Building Sq. Ft: 7,158
# of Units: 1
# of Stories: 2
Legal Description: LA GORCE GOLF SUB PB 14-43 LOT 33 LESS PT IN DB 1563-46 & LOT 34 BLK 14 LOT SIZE IRREGULAR 73R-88500 COC 26351-0812 04 2008 4

Lot Information
# of Buildings: 2
Land Sq. Ft: 32,085
Legal Lot Number: 33
Legal Block Number: 14
Municipality Name: MIAMI BEACH
Acres: 0.7366
Depth Footage: 279
Front Footage: 115
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: 5
Baths: 7.0
Sq. Ft.: 6,276
Stories: 2.0
Lot Size: 0.74 acres
Style: Single Family Residential
Year Built: 1936
Year Renovated: 2016
County: Miami-Dade County
APN: 0232150032050

Home facts updated by county records on Jul 2, 2026

Around this home

Schools

North Beach Elementary School

Public PreK-5 • Assigned • 0.9mi

10/10

Nautilus Middle School

Public 6-8 • Assigned • 0.8mi

5/10

Miami Beach Senior High School

Public 9-12 • Assigned • 2.0mi

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)

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

$24.50M – $29.66M

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Nearby similar homes

$6,350,000

5 beds5.5 baths4,062 sq ft

5630 Pine Tree Dr, Miami Beach, FL 33140

(305) 697-2904

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3 beds2 baths1,312 sq ft

2155 Biarritz Dr, Miami Beach, FL 33141

(305) 514-0100

3D WALKTHROUGH

$1,500,000

3 beds2 baths2,567 sq ft

7517 Cutlass Ave, North Bay Village, FL 33141

(305) 674-4000

$4,900,000

5 beds3 baths2,743 sq ft

1301 Flamingo Way, Miami Beach, FL 33139

(305) 851-2820

$14,800,000

6 beds6.5 baths5,406 sq ft

528 Lakeview Ct, Miami Beach, FL 33140

(786) 509-6846

$9,700,000

6 beds7.5 baths4,590 sq ft

6015 N Bay Rd, Miami Beach, FL 33140

(305) 695-6300

New listings for sale in 33140

NEW 24 MINS AGO

$430,000

1 bed1.5 baths960 sq ft

5601 Collins Ave #415, Miami Beach, FL 33140

NEW 28 HRS AGO

$495,000

2 beds2 baths1,128 sq ft

2858 Pine Tree Dr #5, Miami Beach, FL 33140

(305) 405-0615

$8,500,000

5 beds5 baths4,357 sq ft

2181 N Bay Rd, Miami Beach, FL 33140

(305) 672-6300

$2,699,000

20 beds15 baths3,880 sq ft

3909 Garden Ave, Miami, FL 33140

(305) 677-5000

$310,000

Studio1 bath500 sq ft

2829 Indian Creek Dr #804, Miami Beach, FL 33140

(305) 538-9711

$465,000

1 bed1 bath790 sq ft

4747 Collins Ave #1008, Miami Beach, FL 33140

(305) 666-1800

$2,399,000

5 beds3 baths2,363 sq ft

719 W 51st St, Miami Beach, FL 33140

(786) 942-0502

3D WALKTHROUGH

$1,069,000

3 beds2 baths1,645 sq ft

2655 Collins Ave #602, Miami Beach, FL 33140

(561) 218-6558

VIDEO TOUR

$6,999,999

4 beds4.5 baths— sq ft

3739 Collins Ave Ph 601/603, Miami Beach, FL 33140

(305) 851-2820

Home values near 5048 N Bay Rd

Data from public records.

Address	Redfin Estimate
5121 North Bay Rd, Miami Beach, FL 6 Beds \| 5.5 Baths \| 4336 Sq. Ft.	$7,129,111
5019 North Bay Rd, Miami Beach, FL 3 Beds \| 3 Baths \| 2187 Sq. Ft.	$3,588,515

Address	Redfin Estimate
5030 North Bay Rd, Miami Beach, FL 6 Beds \| 7.5 Baths \| 8697 Sq. Ft.	$34,285,435
5001 North Bay Rd, Miami Beach, FL 6 Beds \| 5 Baths \| 4623 Sq. Ft.	$5,730,057

Address	Redfin Estimate
5045 North Bay Rd, Miami Beach, FL 3 Beds \| 3 Baths \| 6019 Sq. Ft.	$4,968,485
5090 North Bay Rd, Miami Beach, FL 3 Beds \| 6 Baths \| 6982 Sq. Ft.	$25,805,618

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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 5048 N Bay Rd

Tax history for 5048 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 5048 N Bay Rd

More real estate resources