5840 N Bay Rd, Miami Beach, FL 33140

6 beds5 baths6,218 sqft

Sold: $15,250,000
Sold on 11/18/14
Zestimate®: $16,817,382
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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ONE OF A KIND OPPORTUNITY! This private compound is ideal for end user, investor or developer planning to build a NEW Large Luxury Waterfront Estate on prestigious upper N BAY Rd. Incredible 37,895 SF, 2 & 2/3 lot, boasts 191 linear ft of Water Frontage, with incredible unobstructed panoramic views including Downtown Miami skyline and breath taking sunsets. Brokered And Advertised By: One Sotheby's International Realty Listing Agent: Cyril Matz

Facts

  • Lot: 0.87 acres
  • Single Family
  • Built in 1929
  • Last sold: Nov 2014 for $15,250,000
  • Price/sqft: $2,453

Features

  • Parking: 1 space
  • Pool

    Construction

    • Construction quality: 6.0
    • Exterior material: Cement concrete
    • Roof type: Other
    • # Stories: 1.0
    • Unit count: 1

    Other

    • Floor size: 6,218 sqft
    • Last remodel year: 1949
    • Lot depth: 198
    • Lot width: 191
    • Parcel #: 0232150030240
    • Zillow Home ID: 43887916

    Zestimate Details

    Zestimate
    A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

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    $16,817,382
    +$234,560 Last 30 days
    $13.1M
    $19.0M
    Zestimate range
    Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $32,014/mo
    -$846 Last 30 days
    $12K
    $42K
    Zestimate range
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    $XXX,XXX
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    Popularity on Zillow

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    3,358 all-time views
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    350 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $9.0-14.0M.

    $8.49M
    $15.16M

    Home Expenses

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    Neighborhood

    Market guide

    Zillow predicts La Gorce home values will increase 1.5% next year, compared to a 1.3% rise for Miami Beach as a whole. Among La Gorce homes, this home is valued 917.9% more than the midpoint (median) home, and is valued 319.1% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In La Gorce, the number of foreclosures waiting to be sold is 20.9% lower than in Miami Beach, and 106.8% higher than the national average. This lower local number could help La Gorce home values rise more quickly than other regions in Miami Beach.

    Learn more about forecast calculations or La Gorce home values.
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      Nearby Schools in Miami Beach

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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