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Sold for $8,520,850 on 05/26/23
  • $8,520,850

    5061 N Bay Rd, Miami Beach, FL 33140

    8beds
    5,929sqft
    Single Family Residence
    Built in 2016
    0.27 Acres Lot
    $9,055,900 Zestimate®
    $1,437/sqft
    $6,717 Estimated rent

    Home value

    $9,055,900

    $8.06M - $10.23M

    $6,717/mo

    Zestimate® history
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    $6,717/mo

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    $58,602/mo

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    What's special

    Impeccable modern architectural masterpiece located on prestigious North Bay Road. Perfectly designed to maximize space & privacy, this stunning residence on oversized 11,820 SF lot is nestled behind private gates. True open concept blending the indoors & outdoors mixed with lush tropical landscaping creating a zen paradise. Highlights include a beautiful combination of natural stone, exposed concrete & Ipe wood, soaring 22’ ceilings, chef’s dream Poliform walnut kitchen w/ double Sub Zero fridge, Wine cooler, marble floors, Lutron & Sonos smart home elements. The principal suite rivals the finest hotels w/ walls of glass & sumptuous spa-like bathroom. Outdoors, the grounds feature heated pool, outdoor kitchen/BBQ, a detached office, second floor putting green and a whole-house generator.

    Zillow last checked: 8 hours ago

    Listing updated: May 30, 2023 at 07:10am

    Listed by:

    Daniel Hertzberg michaelj.suarez@cbrealty.com,

    Coldwell Banker Realty,

    Daniel Hertzberg 305-341-6944,

    Coldwell Banker Realty

    Bought with:

    Daniel Hertzberg, 3212309

    Coldwell Banker Realty

    Source: MIAMI,MLS#: A11271674MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 8
    • Full bathrooms: 7
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Water Purifier, Gas Range, Refrigerator, Oven, Washer
    • Laundry: In Garage
    Features
    • Built-in Features, Closet Cabinetry, Kitchen Island, Stacked Bedroom, Walk-In Closet(s), Maid/In-Law Quarters
    • Flooring: Carpet, Marble, Wood
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
    Interior area
    • Total structure area: 7,283
    • Total interior livable area: 5,929 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Paver Block, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: First Floor Entry
    • Patio & porch: Deck, Patio
    • Exterior features: Barbecue, Built-in Barbecue, Lighting
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Pool Only
    • Fencing: Fenced
    • Has view: Yes
    • View description: Garden, Other
    Lot
    • Size: 0.27 Acres
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0232150032810
    • Zoning: 0100

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • CBS Construction
    • Roof: Concrete,Flat Roof With Facade Front
    Condition
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Municipal Water

    Community & neighborhood

    Security
    • Security features: Smoke Detector
    Community
    • Community features: Other, Other Subdiv/Park Info
    Location
    • Region: Miami Beach
    • Subdivision: La Gorce Golf Sub

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    5/26/2023Sold$8,520,850-5.3%$1,437/sqft
    Source: MIAMI #A11271674 Report a problem
    5/10/2023Pending sale$8,999,000$1,518/sqft
    Source: MIAMI #A11271674 Report a problem
    4/24/2023Contingent$8,999,000$1,518/sqft
    Source: MIAMI #A11271674 Report a problem
    3/24/2023Price change$8,999,000-9.9%$1,518/sqft
    Source: MIAMI #A11271674 Report a problem
    2/19/2023Price change$9,990,000-7.1%$1,685/sqft
    Source: MIAMI #A11271674 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$130,843 +28.6%$7,004,199 +29.1%
    2023$101,752 +3.6%$5,425,807 +3%
    2022$98,203 +19.6%$5,267,774 +23.9%

    Find assessor info on the county website

    Neighborhood: La Gorce

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $9,055,900

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $9,055,900