NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITY Exceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure. The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work. Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.
Est. $10,907 per month, based on comparable rentals
Sale and tax history for 5625 N Bay Rd
Sale History
Tax History
Date
Event
Price
MARMLS #A11836669
Jun 9, 2026
Sold
$3,900,000
$916/sq ft
Jun 9, 2026
Sold
$3,900,000
$916/sq ft
Mar 19, 2026
Relisted
—
Mar 12, 2026
Contingent
—
Mar 7, 2026
Relisted
—
Feb 27, 2026
Contingent
—
Feb 18, 2026
Price Changed
$4,500,000
$1,057/sq ft
Oct 15, 2025
Price Changed
$4,750,000
$1,116/sq ft
Jul 10, 2025
Listed
$5,000,000
$1,175/sq ft
Jul 10, 2025
Listed
$4,500,000
$1,057/sq ft
NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITYExceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure.The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work.Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.
MARMLS #A11702904
May 16, 2025
Listing Removed
—
Dec 3, 2024
Listed
$5,000,000
$1,175/sq ft
MARMLS #A11193349
Apr 22, 2022
Listed
$6,595,000
$1,550/sq ft
MARMLS #A11190474
Apr 22, 2022
Listing Removed
—
Apr 16, 2022
Listed
$6,595,000
$1,550/sq ft
Public Records
Aug 3, 2018
Sold
$1,200,000
$282/sq ft
MARMLS #A10308529
Nov 30, 2017
Listing Removed
—
Jul 11, 2017
Listed
$2,995,000
$704/sq ft
MARMLS #A10223085
Jul 3, 2017
Listing Removed
—
Feb 20, 2017
Listed
$2,995,000
$704/sq ft
MARMLS #A10159090
Feb 1, 2017
Listing Removed
—
Nov 28, 2016
Price Changed
$2,995,000
$704/sq ft
Oct 5, 2016
Listed
$3,195,000
$751/sq ft
MARMLS #A10101253
Sep 15, 2016
Listing Removed
—
Jun 16, 2016
Listed
$3,395,000
$798/sq ft
MARMLS #A10086600
Jun 16, 2016
Listing Removed
—
May 20, 2016
Listed
$3,595,000
$845/sq ft
MARMLS #A2068627
May 6, 2015
Listing Removed
—
Feb 5, 2015
Listed
$2,995,000
$704/sq ft
MARMLS #A1990229
Feb 2, 2015
Listing Removed
—
Aug 15, 2014
Price Changed
$2,995,000
$704/sq ft
Aug 12, 2014
Listed
$2,695,000
$633/sq ft
MARMLS #M1302828
Apr 15, 2010
Sold
$1,340,000
$315/sq ft
Mar 12, 2009
Listed
$1,799,999
$423/sq ft
Public Records
Dec 20, 2006
Sold
$1,100,000
$258/sq ft
MARMLS #M1034899
Jan 17, 2006
Listed
$1,290,000
$303/sq ft
Public Records
Jan 30, 2004
Sold
$660,000
$155/sq ft
Public Records
Jun 26, 2000
Sold
$545,000
$128/sq ft
Public Records
May 17, 1995
Sold
$400,000
$94/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$45,064 (+5.2%)
2024
$42,819 (+0.6%)
2023
$42,551 (+31.2%)
2022
$32,420 (+15.9%)
2021
$27,985 (−0.8%)
2020
$28,197 (−0.6%)
$825,000 + $624,369
$1,449,369
2019
$28,362 (+11.0%)
$825,000 + $638,558
$1,463,558
2018
$25,545 (−19.5%)
$712,800 + $645,654
$1,358,454
2017
$31,737 (+3.6%)
$712,800 + $645,654
$1,358,454
2016
$30,624 (+13.7%)
$1,050,000 + $652,748
$1,702,748
2015
$26,945 (+3.4%)
2014
$26,062 (+10.7%)
2013
$23,542 (+7.5%)
2012
$21,905 (+4.3%)
$468,600 + $601,503
$1,070,103
2011
$20,995
Public record
Public record
Zoning
Permits
Beds
3
Baths
4
Stories
2
Lot width
60 ft.
Lot depth
125 ft.
Lot size
7,500 Sq. Ft.
Year renovated
2008
Sq. Ft.
4,256
Year built
2008
Style
Single Family Residential
County
Miami-Dade County
APN
0232150031320
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 11, 2026.
RS-4
Single-family Residential District
The RS-4 single-family residential districts are 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
Apr 8, 2022 • Final
Single family residence - re-roof
Remove and replace a flat built-up roof with new insulation.
Roofing
Mar 31, 2022 • Final
Revisions general
Roofing
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
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 1
Parking
Features: Driveway, Garage Door Opener
# of Covered Spaces: 1
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
# of Half Bathrooms: 1
Room Information
Room Types: Laundry, Utility Room
Equipment
Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Icemaker, Microwave, Refrigerator
Interior Features
Window Features: Impact Glass
Flooring: Hardwood, Marble, Wood
Other Features: Bedroom on Main Level, Dual Sinks, Eat-in Kitchen, First Floor Entry, High Ceilings, Living/Dining Room, Separate Shower, Walk-In Closet(s)
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
North Beach Elementary School
Public PreK-5 • Assigned • 1.5mi
10/10
Nautilus Middle School
Public 6-8 • Assigned • 1.4mi
5/10
Miami Beach Senior High School
Public 9-12 • Assigned • 2.5mi
5/10
Provided by GreatSchools
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, 28 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)
74
62
77
66
79
69
82
73
87
78
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89
80
91
80
89
79
84
77
81
71
78
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 12% for direct sun exposure in Miami Beach. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.5 hrs
6.5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$4.15M – $5.03M
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