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For sale
    • Price cut: $250K (2/18)
    $4,500,000

    5625 N Bay Rd, Miami Beach, FL 33140

    4beds
    4,256sqft
    : 
    Single Family Residence
    Built in 2008
    7,500 Square Feet Lot
    $-- Zestimate®
    $1,057/sqft
    $-- HOA

    What's special

    High-volume homeElevated base constructionOpen-concept livingOversized poolImpact windows throughoutGenerous grounds
    NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITY Exceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure. The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work. Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.
    282 days
    |
    1,323
    |
    59
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    William McClain Jr. williambmcclain@gmail.com,

    The McClain Group Inc

    Source: MIAMI,MLS#: A11836669MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator
      • Laundry: Laundry Room
      Features
      • Volume Ceilings, Walk-In Closet(s)
      • Flooring: Marble, Wood
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, High Impact Windows, Impact Glass
      Interior area
      • Total structure area: 5,130
      • Total interior livable area: 4,256 sqft
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      Property

      Parking
      • Total spaces: 1
      • Parking features: Driveway, Garage Door Opener
      • Garage spaces: 1
      • Has uncovered spaces: Yes
      Features
      • Stories: 2
      • Entry location: First Floor Entry
      • Exterior features: Balcony
      • Has private pool: Yes
      • Pool features: In Ground, Pool Only
      • Has view: Yes
      • View description: Garden
      Lot
      • Size: 7,500 Square Feet
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0232150031320
      • Zoning: 0100

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Modern/Contemporary
      • Property subtype: Single Family Residence
      Materials
      • CBS Construction
      • Roof: Built-Up
      Condition
      • Year built: 2008

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Features: Sidewalks
      • Subdivision: La Gorce Golf Sub
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $1,057/sqft
      • Tax assessed value: $2,923,966
      • Annual tax amount: $42,818
      • Date on market: 7/10/2025
      • Listing terms: All Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $22,111/mo

        Price history

        DateEventPrice
        2/18/2026Price change$4,500,000-5.3%$1,057/sqft
        Source: MIAMI #A11836669 Report a problem
        10/15/2025Price change$4,750,000-5%$1,116/sqft
        Source: MIAMI #A11836669 Report a problem
        7/10/2025Listed for sale$5,000,000$1,175/sqft
        Source: MIAMI #A11836669 Report a problem
        5/16/2025Listing removed$5,000,000$1,175/sqft
        Source: MIAMI #A11702904 Report a problem
        1/29/2025Price change$20,000-11.1%$5/sqft
        Source: MIAMI #A11687128 Report a problem
        12/9/2024Price change$22,500-10%$5/sqft
        Source: MIAMI #A11687128 Report a problem
        12/3/2024Listed for sale$5,000,000-24.2%$1,175/sqft
        Source: MIAMI #A11702904 Report a problem
        11/3/2024Listed for rent$25,000+31.6%$6/sqft
        Source: MIAMI #A11687128 Report a problem
        9/22/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        9/19/2022Price change$19,000+8.6%$4/sqft
        Source: Zillow Rental Network_1 #A11238540 Report a problem
        9/7/2022Price change$17,500-7.9%$4/sqft
        Source: Zillow Rental Network_1 #A11238540 Report a problem
        8/22/2022Price change$19,000-13.6%$4/sqft
        Source: Zillow Rental Network_1 #A11238540 Report a problem
        8/6/2022Price change$22,000-12%$5/sqft
        Source: Zillow Rental Network_1 #A11238540 Report a problem
        7/9/2022Listed for rent$25,000+25%$6/sqft
        Source: Zillow Rental Manager Report a problem
        5/11/2022Listing removed--
        Source: MIAMI #A11193349 Report a problem
        4/22/2022Listed for sale$6,595,000+449.6%$1,550/sqft
        Source: MIAMI #A11193349 Report a problem
        9/10/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        8/28/2021Price change$20,000-11.1%$5/sqft
        Source: Zillow Rental Manager Report a problem
        7/2/2021Listed for rent$22,500+55.2%$5/sqft
        Source: Zillow Rental Manager Report a problem
        8/12/2020Listing removed$14,500$3/sqft
        Source: Premiere Plus Realty Co. #A10889050 Report a problem
        7/7/2020Listed for rent$14,500+11.5%$3/sqft
        Source: Premiere Plus Realty Co. #A10889050 Report a problem
        4/1/2020Listing removed$13,000$3/sqft
        Source: One Sotheby's International Realty #A10800017 Report a problem
        1/15/2020Listed for rent$13,000$3/sqft
        Source: ONE Sotheby's International Realty #A10800017 Report a problem
        8/3/2018Sold$1,200,000-10.4%$282/sqft
        Source: Public Record Report a problem
        4/16/2010Sold$1,340,000+21.8%$315/sqft
        Source: Public Record Report a problem
        12/20/2006Sold$1,100,000+66.7%$258/sqft
        Source: Public Record Report a problem
        1/30/2004Sold$660,000+21.1%$155/sqft
        Source: Public Record Report a problem
        6/26/2000Sold$545,000+36.3%$128/sqft
        Source: Public Record Report a problem
        5/17/1995Sold$400,000$94/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$42,819 +0.6%$1,929,108 +10%
        2023$42,551 +31.2%$1,753,735 +10%
        2022$32,420 +15.9%$1,594,305 +10%
        2021$27,985 -0.8%$1,449,369 -0.5%
        2020$28,197 -0.6%$1,456,463 -0.5%
        2019$28,362 +11%$1,463,558 +7.7%
        2018$25,545 $1,358,454 -17.5%
        2017$25,545 -19.5%$1,645,620 +10%
        2016$31,737 +17.8%$1,496,019 +10%
        2015$26,945 +3.4%$1,360,018 +6.8%
        2014$26,062 +19%$1,273,367 +10%
        2013$21,905 +0%$1,157,607 +8.2%
        2012$21,905 +4.3%$1,070,103 +5.5%
        2011$20,995 +0.5%$1,014,303 +7.2%
        2010$20,882 -9.2%$946,312 -15.4%
        2009$22,998 +26.2%$1,117,972 +23.8%
        2007$18,223 +6.8%$903,284
        2006$17,063 --
        2005$17,063 +21.7%--
        2004$14,024 +10.1%--
        2003$12,742 +80.5%--
        2002$7,058 --
        2001$7,058 --

        Find assessor info on the county website

        Monthly payment

        Est. payment
        $29,300/mo
        Principal & interest
        $22400
        Property taxes
        $6900
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          Climate risks

          Neighborhood: La Gorce

          Getting around

          15 / 100
          Car-Dependent
          40 / 100
          Some Transit
          29 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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