5718/5725 N Bay Rd, Miami Beach, FL 33140

Off Market Oct 2024 for $30M

$38,975,124

Est. refi paymentEst. refi $174,685/mo

•

11,012

sq ft

5718/5725 N Bay Rd, Miami Beach, FL 33140

About this home

Incredible opportunity to own two luxury homes on coveted North Bay Road and dive into the ultimate Miami Beach lifestyle! Acquire 5718 N Bay Rd, a spectacular waterfront mansion with breathtaking views of Miami’s skyline and 5725 N Bay Rd, a remodeled 4-bedroom, 4.5-bath home. Entertain across both properties, offering a total of 11 beds, 11 baths, 11,012-SF of living space, 24,086-SF of land, and 75-FT of prime waterfrontage. 5718 N Bay Rd represents the epitome of luxury living, boasting expansive open living areas, exceptional outdoor spaces, and a wealth of lavish amenities! Indulge on dreamy sunsets from your rooftop, private screening in your home theater, and have unforgettable parties on the bayfront! Elevator, gym, Savant system, 4-car garage, generator.

Single-familyProperty Type

2022Year Built

0.55 acresLot Size

$3,539Est. Price/Sq.Ft.

6 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)

Contact: Nelson@NelsonGonzalez.com

Bought with Maurice Boschetti • Boschetti Realty Group, LLC.

•305-790-8729 (broker)

•mboschetti@boschettirealtygroup.com (broker)

Redfin checked: a minute ago

•Source:MARMLS #A11543996

Redfin Estimate

$38,975,124

$9.0M since sold in October 2024$1.3M since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 80.5% higher than the average sale price ($21.59M) of 6 comparable homes.

SOLD MAY 27, 2026
$27,000,000
A
7 beds7.5 baths6,023 sq ft
5300 N Bay Rd, Miami Beach, FL 33140
SOLD MAR 9, 2026
$33,250,000
B
7 beds9 baths10,632 sq ft
6480 Allison Rd, Miami Beach, FL 33141
SOLD NOV 3, 2025
$17,500,000
C
8 beds7 baths10,955 sq ft
5785 Pine Tree Dr, Miami Beach, FL 33140
SOLD FEB 6, 2026
$8,750,000
D
7 beds6.5 baths7,034 sq ft
5077 N Bay Rd, Miami Beach, FL 33140
SOLD MAY 29, 2026
$31,525,000
E
8 beds8.5 baths8,811 sq ft
6000 N Bay Rd, Miami Beach, FL 33140
SOLD MAY 7, 2026
$11,500,000
F
6 beds6.5 baths5,633 sq ft
4510 Prairie Ave, Miami Beach, FL 33140

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Earn from this home

Sell

$13,540,867

Est. take-home

List your home with Redfin and save $389,751

Refinance

Est. cash available

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Rent

$10,588/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

NEW 6 HRS AGO
$4,995,000
4 beds4.5 baths3,640 sq ft
5959 Collins Ave #1503, Miami Beach, FL 33140
(305) 932-6365
NEW 14 HRS AGO
$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
$720,000
2 beds2 baths1,048 sq ft
5555 Collins Ave Unit 10G, Miami Beach, FL 33140
(305) 405-0615
$2,100,000
3 beds2 baths2,440 sq ft
4323 N Bay Rd, Miami Beach, FL 33140
(305) 614-6868
$1,949,000
3 beds4 baths2,827 sq ft
5500 Collins Ave #702, Miami Beach, FL 33140
(305) 586-2207
See all

Provided by Redfin

Sale history for 5718/5725 N Bay Rd

Date

Event

Price

Public Records

Oct 22, 2024

Sold

$25,700,000

$2,334/sq ft

MARMLS #A11543996

Oct 18, 2024

Sold

$30,000,000

$2,724/sq ft

Oct 16, 2024

Pending

—

Aug 5, 2024

Price Changed

$38,950,000

$3,537/sq ft

Jul 8, 2024

Price Changed

$39,950,000

$3,628/sq ft

Mar 5, 2024

Listed

$44,000,000

$3,996/sq ft

MARMLS #A11472989

Oct 16, 2024

Listing Removed

—

Aug 5, 2024

Price Changed

$34,950,000

$3,174/sq ft

Jul 1, 2024

Price Changed

$37,500,000

$3,405/sq ft

Jun 7, 2024

Price Changed

$39,500,000

$3,587/sq ft

Mar 4, 2024

Price Changed

$40,000,000

$3,632/sq ft

Feb 7, 2024

Price Changed

$42,500,000

$3,859/sq ft

Jan 2, 2024

Price Changed

$47,500,000

$4,313/sq ft

Oct 23, 2023

Listed

$52,500,000

$4,768/sq ft

MARMLS #A11188748

Oct 9, 2023

Rental Removed

—

MARMLS #A11339598

Aug 4, 2023

Listing Removed

—

Feb 7, 2023

Listed

$76,500,000

$6,947/sq ft

MARMLS #A10290199

Dec 11, 2017

Listing Removed

—

Jun 7, 2017

Listed

$9,950,000

$904/sq ft

MARMLS #A10146570

Dec 11, 2017

Listing Removed

—

Sep 12, 2016

Listed

$9,950,000

$904/sq ft

MARMLS #A10146575

Dec 8, 2016

Listing Removed

—

Sep 12, 2016

Listed

$9,950,000

$904/sq ft

MARMLS #A2197920

Sep 7, 2016

Listing Removed

—

Dec 9, 2015

Price Changed

$14,000,000

$1,271/sq ft

Nov 2, 2015

Listed

$12,000,000

$1,090/sq ft

MARMLS #A1972766

Jun 9, 2015

Listing Removed

—

Nov 23, 2014

Price Changed

$13,000,000

$1,181/sq ft

Nov 23, 2014

Price Changed

$9,495,000

$862/sq ft

Oct 9, 2014

Price Changed

$9,500,000

$863/sq ft

Jul 4, 2014

Listed

$10,500,000

$954/sq ft

MARMLS #A1972333

Jul 4, 2014

Listing Removed

—

Jul 3, 2014

Listed

$10,500,000

$954/sq ft

MARMLS #M1365979

May 26, 2010

Sold

$3,350,000

$304/sq ft

Jan 22, 2010

Listed

$3,975,000

$361/sq ft

Public Records

Jun 1, 1980

Sold

$390,000

$35/sq ft

Public Records

Apr 1, 1979

Sold

$355,000

$32/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$396,121 (+42.1%)

$10,098,400 + $11,016,670

$21,115,070

2024

$278,685 (+2.4%)

$10,098,400 + $11,016,670

$21,115,070

2023

$272,064 (+373.6%)

2022

$57,445 (+0.3%)

2021

$57,295 (−13.3%)

2020

$66,075 (+2.2%)

2019

$64,635 (+5.0%)

2018

$61,531 (+0.8%)

2017

$61,019 (+0.1%)

2016

$60,949 (−1.3%)

2015

$61,732 (−1.7%)

2014

$62,801 (−13.9%)

2013

$72,976 (+1.1%)

2012

$72,212 (+27.1%)

$2,672,720 + $895,191

$3,567,911

2011

$56,798

Tax history for 5718/5725 N Bay Rd

Year

Property tax

Land + Additions

Assessment*

2025

$396,121 (+42.1%)

$10,098,400 + $11,016,670

$21,115,070

2024

$278,685 (+2.4%)

$10,098,400 + $11,016,670

$21,115,070

2023

$272,064 (+373.6%)

2022

$57,445 (+0.3%)

2021

$57,295 (−13.3%)

2020

$66,075 (+2.2%)

2019

$64,635 (+5.0%)

2018

$61,531 (+0.8%)

2017

$61,019 (+0.1%)

2016

$60,949 (−1.3%)

2015

$61,732 (−1.7%)

2014

$62,801 (−13.9%)

2013

$72,976 (+1.1%)

2012

$72,212 (+27.1%)

$2,672,720 + $895,191

$3,567,911

2011

$56,798

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

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.36 Acres

Year renovated

2022

Sq. Ft.

7,457

Year built

2022

Style

Single Family Residential

County

Miami-Dade County

APN

0232150030310

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 2, 2026.

RS-3

Single-family Residential District

The RS-3 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

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 6

Parking
Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
# of Covered Spaces: 6

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 11
# of Half Bathrooms: 4

Equipment
Appliances: Dishwasher, Gas Water Heater, Icemaker, Microwave, Refrigerator, Washer

Interior Features
Window Features: Blinds, Impact Glass
Unfurnished
Flooring: Marble, Wood
Other Features: Built-in Features, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dual Sinks, Family/Dining Room, Kitchen Island, Other, Pantry, Separate Shower, Bar, Walk-In Closet(s), Elevator

Exterior

Building Information
Stories: 2
Year Built Details: New Construction
Construction Details: Block

Exterior Features
Exterior Features: Balcony, Barbecue, Outdoor Grill, Outdoor Shower
Patio And Porch Features: Balcony, Open
Security Features: Smoke Detector(s)

Pool and Spa Information
Pool Features: Heated, In Ground, Pool
Has Spa

Lot Information
Lot Size Area: 24,086
Is Waterfront
Waterfront Features: No Fixed Bridges, Ocean Access, Seawall
Frontage Length: 75
Zoning Description: 0100

Property Information
Has View
Direction Faces: East

Financial

Tax Information
Annual Tax Amount: $323,917
Tax Year: 2023

Rental Information
Pets Allowed Details: No Pet Restrictions, Yes

Utilities

Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Electric
Has Heating
Heating: Central, Electric

Location

Community Information
Senior Community

Public facts

Beds: 6
Baths: 6.0
Sq. Ft.: 7,457
Stories: 3.0
Lot Size: 0.36 acres
Style: Single Family Residential
Year Built: 2022
Year Renovated: 2022
County: Miami-Dade County
APN: 0232150030310

Home facts updated by county records on Jul 2, 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 • 2.6mi

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 9.3 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.3 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$37.03M – $44.82M

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New listings for sale in 33140

NEW 6 HRS AGO

$4,995,000

4 beds4.5 baths3,640 sq ft

5959 Collins Ave #1503, Miami Beach, FL 33140

(305) 932-6365

NEW 14 HRS AGO

$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

$720,000

2 beds2 baths1,048 sq ft

5555 Collins Ave Unit 10G, Miami Beach, FL 33140

(305) 405-0615

$2,100,000

3 beds2 baths2,440 sq ft

4323 N Bay Rd, Miami Beach, FL 33140

(305) 614-6868

Home values near 5718/5725 N Bay Rd

Data from public records.

Address	Redfin Estimate
5790 North Bay Rd, Miami Beach, FL 5 Beds \| 7 Baths \| 14047 Sq. Ft.	$43,934,222
5750 North Bay Rd, Miami Beach, FL 5 Beds \| 4 Baths \| 7484 Sq. Ft.	$19,422,503

Address	Redfin Estimate
5725 North Bay Rd, Miami Beach, FL 4 Beds \| 3 Baths \| 3245 Sq. Ft.	$4,903,642
5646 North Bay Rd, Miami Beach, FL 6 Beds \| 8 Baths \| 9383 Sq. Ft.	$24,506,360

Address	Redfin Estimate
5645 North Bay Rd, Miami Beach, FL 5 Beds \| 5 Baths \| 5128 Sq. Ft.	$8,871,878
5775 North Bay Rd, Miami Beach, FL 5 Beds \| 4 Baths \| 2694 Sq. Ft.	$3,717,674

Property information provided by MARMLS when last listed in 2023. This data may not match . 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 5718/5725 N Bay Rd

Tax history for 5718/5725 N Bay Rd

Public record

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 5718/5725 N Bay Rd

More real estate resources