A landmark opportunity to create a legacy compound on Miami Beach’s most prestigious waterfront. Spanning approximately 2.3 acres (102,000 SF) with a depth of nearly 472 feet and 290 feet of direct Biscayne Bay frontage, 5940 North Bay Road is offered with fully approved plans and permits by DOMO Architecture + Design. Representing one of the largest and most significant single lots ever offered on North Bay Road, this property defines rare scale, provenance, and potential.
Lot/land
$169,000,000
5940 N Bay Rd, Miami Beach, FL 33140
--beds
--baths
2.3Acres
Boat Slip
Built in ----
2.3 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Direct biscayne bay frontage
- 71 days |
- 3,265 |
- 95 |
Zillow last checked: 8 hours ago
Listing updated: December 10, 2025 at 07:14am
Listed by:
Zachary Vichinsky 631-484-5706,
Bespoke Real Estate Florida LLC,
Nelson Gonzalez PA 305-674-4040,
BHHS EWM Realty
Source: MIAMI,MLS#: A11903073
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Video & virtual tour
Property
Features
- Fencing: Fenced
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay
- Frontage type: Bay/Harbor
- Frontage length: 290
Lot
- Size: 2.3 Acres
- Features: Other
- Residential vegetation: Other Trees
Details
- Additional structures: None
- Parcel number: 0232150020040
- Zoning: 2100
Community & HOA
Community
- Subdivision: La Gorce Golf Sub
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Tax assessed value: $46,302,628
- Annual tax amount: $257,113
- Date on market: 8/29/2025
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2025 | Listed for sale | $169,000,000 |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $257,113 +2.4% | $13,723,791 +3% |
| 2023 | $251,004 +3.6% | $13,324,069 +3% |
| 2022 | $242,283 +0.2% | $12,935,990 +3% |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: La Gorce
Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 3 mi
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