Set on one of the last large waterfront parcels in Miami Beach’s prestigious North Bay estate section, 5840 N Bay Road presents a rare and remarkable opportunity to craft a legacy residence in an exclusive enclave. With 150’ of unobstructed bayfront views, direct sightlines to the Miami skyline, and a readiness for a multi-structure estate of up to 13,587 SF+/-, this land offers an extraordinary canvas for luxury living. Envisioned for the most discerning buyer, this property combines the elegance of North Bay Road with modern Miami vibrancy—ready to become a private, luxurious escape that captures the true spirit of Miami Beach.
Vacant landProperty Type
0.64 acresLot Size
$46,977,051Price/Acres
Listed by Zachary Vichinsky• Bespoke Real Estate Florida LLC
*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
6
Baths
5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.87 Acres
Year renovated
1949
Sq. Ft.
6,218
Year built
1929
Style
Single Family Residential
County
Miami-Dade County
APN
0232150030240
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 12, 2023.
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 15, 2022 • Final
Building - residential - marine
Grading
Jun 16, 2021 • Final
Building process initiation (bpi)
Grading
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
Lot Information
Lot Size Area: 27,702
Lot Size Acres: 0.62
Is Waterfront
Waterfront Features: Bay Front, Seawall
Frontage Length: 150
Frontage Length Remarks: 150
Zoning Description: 2100
Property Information
Direction Faces: West
Financial
Tax Information
Annual Tax Amount: $246,967
Tax Year: 2024
Location
Multi Unit Information
# Of Lots: 1
Public facts
Beds: 6
Baths: 5.0
Sq. Ft.: 6,218
Stories: 1.0
Lot Size: 0.87 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1949
County: Miami-Dade County
APN: 0232150030240
Home facts updated by county records on Apr 12, 2023
Around this home
Schools
North Beach Elementary School
Public PreK-5 • Assigned • 1.8mi
10/10
Nautilus Middle School
Public 6-8 • Assigned • 1.7mi
5/10
Miami Beach Senior High School
Public 9-12 • Assigned • 2.8mi
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, 26 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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71
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68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
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Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$28.56M – $34.58M
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